Nation Profile
THOUGHT LEADERS
Big Brother Is Getting More Invasive Chinese Communist Party rolls out digital currency that will track every purchase
Erik Bethel, former U.S. representative to the World Bank.
T
his is a surveillance tool, and it’s disguised as a payment mechanism,” Erik Bethel said of the Chinese regime’s new digital currency. In this episode of “American Thought Leaders,” host Jan Jekielek and Bethel, a global finance analyst, discuss the situation in China, and the threat of the digital yuan to the U.S. economy and to the free world. JAN JEKIELEK: Erik,
you’re no stranger to China. You lived there doing finance work. ERIK BETHEL: After I
52 I N S I G H T March 11–17, 2022
OTABIUS WILLIAMS/THE EPOCH TIMES
joined a private equity fund in China, my wife and I spent seven years living in Shanghai. My three kids were born there. We learned a great deal about Chinese culture, and I grew very fond of the Chinese people. I’m not as fond of the
