Geopolitics and technology threaten America’s financial dominance
And now the covid-19 pandemic is precipitating a split, says Matthieu Favas
Matthieu Favas
With roots in the wine industry, I am now a finance correspondent at The Economist, covering banking, fintech, insurance and private equity, among other things. I write about food and agriculture, too, and I particularly like to study how all these topics blend with geopolitics (see special report). Also I write about wine.
As China goes global, its banks are coming out, too
European banks are losing their influence
China wants to make the yuan a central-bank favourite
And it is playing a trump card in order to achieve it
The financial world’s nervous system is being rewired
And it is not America that is doing it
Can China be trusted to be a responsible financial power?
There are still a lot of questions that it must answer
