Li Xiaoge Proposes Chinese Financial Institutions Use Blockchain to Issue Credit Loans to Global South

GateNews

According to ChainCatcher, at the 2nd Caixin London Atlantic Dialogue, Li Xiaoge, former president of Hong Kong Exchanges and Clearing (HKEx), proposed that Chinese financial institutions can leverage blockchain and other financial technologies to issue credit loans in Global South regions. Li noted that China can expand the influence of the yuan by exporting productivity and financial services to these areas.

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