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In essence, the digital yuan can help strengthen the state's surveillance and control over the economy and society, it enhances the centralization of authority. That may be the fundamental reason why it has been strongly pushed and rushed by the state.

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CNN 4 years ago

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    "Frank Xie Quotes." Quotes.net. STANDS4 LLC, 2025. Web. 12 Jan. 2025. <https://www.quotes.net/citizen-quote/383613>.

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