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Mankiw Research | Decoding the Unique RWA Characteristics of Mainland China: Practical Features, Risk Analysis, and Optimization Pathways
If you were lamenting last year that RWA was just a high-end game played by overseas financial institutions, then this year you have likely heard the three words "RWA" in the cultural exchange market, farms, and even in liquor factories. RWA projects in mainland China have long ceased to chase traditional US Treasury bonds or commercial real estate, instead opting for a different path by embracing the "local life" approach. Just think about it: Malu grapes, airport VIP lounges, liquor pickup rights... it sounds no longer cold, but rather infused with a bit of the explorer's romance and grounded practicality. Next, let's talk about this group of "light and beautiful" domestic RWAs, and how they are performing this new dance between blockchain and the real economy, as well as the hidden risks that lie beneath. The Current Situation and Innovative Practices of RWA in Mainland China
/ END. Author of this article: Shao Jiadian, Liu Honglin