Facebook’s plan to launch a new digital currency, Libra, has triggered a debate in China as to whether Beijing should welcome, worry about or simply ignore the launch. Photo: AFP

Facebook Libra: What can China learn from the world’s first super sovereign currency?

  • China has previously voiced support for a super sovereign currency to replace the US dollar hegemony, but could Facebook’s Libra steal its thunder?
  • Facebook is banned in China, but its new digital currency could also provide a benchmark for China in creating its own version
Topic |   Facebook Libra

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Facebook’s plan to launch a new digital currency, Libra, has triggered a debate in China as to whether Beijing should welcome, worry about or simply ignore the launch. Photo: AFP
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