China developments to present the digital Yuan powered by Blockchain, is a constant reminder that the US Dollar must impose their strategic and rethink their position if they want to stay on top of the worlds Currency. The plans coming from China are very ambitious and quite expansive and all those Nations, that today are dealing with China will soon starting transacting in the Digital Yuan.

The Silk Road project that was firstly presented in 2013 by the China President, Xi Jinping is a clear vision that the country is betting high to secure those countries, as partners in long term, and use the official digital currency to top up their international transactions. The China BRI (Belt and Road initiative) will connect East Asia to Europe, with a collection of vast entrepreneur Developments and Investments, that will expand China economy and give them political influence.

This apparent Developments carried out by the Chinese Government, are being noted and alerted by US but the imminent and appealing economic gains offered to the countries involved, are struggling the intents of the United States to block the regional development and military expansion.

How China plans to reach those Intents!

China's Main vision with the Silk Road is clear: connect China with the countries involved and make them use their National currency, the renminbi, that will be substituted by the CBDC or the Digital Yuan!

To reach that intent, China will build a silk road economic belt and the maritime silk road, that will become a One road. The plan include a vast network of railways, energy pipelines, highways, and a streamlined border that will cross the mountainous former Soviet Republics, at south to Pakistan, India, and the rest of Asia, all this network only will benefit the country to be more stronger and the trade between them become more powerful, and the use of national Chinese currency will be more expanded!

This is not all, as the country plans to build fifty special economic zones, and Shenzhen is one among them, and that City is one that will be in the Pilot Phase of the Digital Yuan before it goes live on the All country!

The Ambitious Chinese plan, isn't stopping here as it will link more countries along East Asia, Europe and Africa. There are billions of dollars involved in the plan, that could lead the Mao Tse Tung Nation to secure a portion of the world that will transact in Digital Yuan!

There are plenty of projects that involve China with emergent countries, that are slowly becoming a part of the main market from the giant Asian, special the African Nations, that serve to trade with basic things they need (oil, sand, wood...) And this will become also the huge market for the Digital Yuan!

Slowly gaining traction worldwide and with their CBDC, of course the Dollar will lose some terrain in strategic parts of the world!

​**Image from pixabay.com