The People’s Republic of China does not seem to want people to think that its digital yuan holds any potential to influence global power dynamics. 

In March this year, China’s state-run Global Times ran a piece titled “China’s digital yuan trials completely irrelevant to geopolitics.” Nevertheless, analysts on the other side of the Pacific seem to harbor a different view.

The advent of the Fourth Industrial Revolution has spurred the development and integration of advanced disruptive technologies both within and across societies, with vast implications that extend from individuals’ daily lives all the way to the sphere of geopolitics. Perhaps nowhere is this phenomenon more striking than in China’s financial sector. 

The current fighting reveals just how difficult it will be for Beijing to maintain friendships with both sides.

On May 17, CGTN posted the statement of the Chinese State Councilor and Foreign Minister Wang Yi, who chaired Sunday's United Nations Security Council (UNSC) meeting on the Israel-Palestine situation. "We urge Israel to earnestly fulfill its international treaty obligations, lift the blockade and siege of Gaza as soon as possible, guarantee the safety and rights of civilians in the occupied Palestinian territory, and provide access for humanitarian assistance." 

This was followed by comments on CGTN the next day stating stereotypical anti-Semitic tropes.