The challenges facing China’s digital yuan, economist explains

#China #Yuan Eswar Prasad, an economics professor at Cornell and author of “The Future of Money,” joins Yahoo Finance Live’s Akiko Fujita and Brian Cheung to discuss China’s state-backed digital Yuan, the U.S. digital Dollar debate, and what it would mean for the Federal Reserve to enter the space. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.