This episode we're talking with fintech expert Michael Sung about China's upcoming national launch of its central bank digital currency (CBDC). Michael is the founding co-director of the Fudan Fanhai Fintech Research Center of CarbonBlue Innovations.  We discuss China's motivation to launch one of the world's first CBDCs, and how it will work. We also chat about what the transition will be like for businesses, and how China's use of digital currency could be the beginning of a global trend.