It is not certain yet how Central Bank Digital Currencies will be designed. Some projects, especially the cross-border implementation of the digital Yuan, foreshadow an alarming future.
Desmond Shum and his wife rose in the Chinese state-controlled capitalism and became hugely successful entrepreneurs – until one day, she disappeared. He talks about what happened to her, the power of the Communist Party and why the West needs to rethink its view on China.
Nonsense becomes dogma, «woke» activists turn into left-wing authoritarians: the principles of the Enlightenment are collapsing faster than we might think. We must resist while we still can.