{"id":6295,"date":"2023-03-27T14:42:39","date_gmt":"2023-03-27T18:42:39","guid":{"rendered":"https:\/\/www.chinacenter.net\/?p=6295"},"modified":"2023-04-06T17:29:07","modified_gmt":"2023-04-06T21:29:07","slug":"editors-note-15","status":"publish","type":"post","link":"https:\/\/www.chinacenter.net\/2023\/china-currents\/22-1\/editors-note-15\/","title":{"rendered":"Editor\u2019s Note"},"content":{"rendered":"
The five articles in this issue of China Currents<\/i> deal with current and unfolding topics.<\/p>\n
Vijaya Subrahmanyam\u2019s<\/a> piece explains how China\u2019s new digital currency differs from commonly used virtual payment systems. She argues that the e-CNY, issued by the People\u2019s Bank of China, has the potential to be a global leader in digital currencies and push financial inclusiveness across China, but also creates new ways for the government to control society.<\/p>\n Xiangyuan Li and Haizheng Li<\/a> analyze the pandemic’s impact, particularly the government’s strict Zero Covid policy, on China’s economy. The results are not good. They point out long-term economic challenges, which were known before, but argue that the pandemic will lead to even slower growth than expected, along with some unexpected negative outcomes.<\/p>\n In his piece on foreign policy and U.S. public opinion about China, Tom Petersen<\/a> shows that public attitudes toward China have shifted dramatically negatively. China now outranks North Korea, by far, as the biggest worry in people’s minds. He argues that this shift gives policymakers the room to act decisively to counter China’s potentially destabilizing actions regionally and globally.<\/p>\n