Central bank digital currency (CBDC) is generally defined as the digital form of a country’s fiat currency. Based on the distributed ledger technology and other financial technology, CBDC could improve the efficiency of domestic and cross-border payments, increase payment safety and soundness, and promote financial inclusion. However, it is argued that the introduction of CBDC would threaten data security and invade personal privacy. Currently, this issue has received growing concern, and some recommendations are proposed by countries or international organizations, like privacy design, restrictions on public authorities and payment intermediaries, and establishing independent supervisory authority. Other suggestions include getting countries involved in international coordination and promoting the formation of unified standards. Among major economies, China is the first to launch CBDC, which is known as e-CNY. Based on an overview of the privacy protection legislation in China, this article attempts to describe the rules that should be followed when dealing with personal data generated in e-CNY circulation.

In the past few years, the Chinese government has put the internationalization of CNY on the map. Besides regular reforms such as facilitating CNY trading settlement and relaxing capital accounts, China deployed the Pilot Free Trade Zone and the One Belt One Road policy to significantly expand investment channels for CNY. It was also considered as a response to the criticism of CNY’s trade-driven model. CNY was developing from a trade currency to an investment currency and now has the potential to be a global reserve currency. The growth of CNY as an international currency could counterbalance the US dollardominated system and contribute to regional and international financial constancy. However, CNY internationalization is a double-edged sword. Inflow surges or disruptive outflows of capitals can give rise to macroeconomic fluctuation. With regard to the potential risks, it is suggested that Chinese authorities adopt more market-based measures and make the best of the international arrangements to protect the domestic financial integrity and stability.

During the past few years, the Bank of Japan has injected billions of yen into the economy and pursued a monetary easing policy. Japan has plausible arguments, namely that its current policies are needed to support the growth of the economy and to spur inflation. However, these measures result in a weakened yen and increase trade imbalances between Japan and other Asian countries, particularly China. This article argues that Japan’s practice is rooted in protectionism and examines such actions under the IMF Agreement and the WTO system. It is suggested that the Chinese government should adopt diplomatic and judicial approaches to urge Japan to return to normal monetary policies.

『홍루몽』은 중국문학의 대표적인 작품이다. 간행되자마자 중국뿐만 아니라 조선, 일본, 베트남 등지로 전파되었다.『홍루몽』이 가지고 있는 특성을 고찰하는 것은 전파의 특성을 연구하는 데 아주 중요한 작용이 있다. 『홍루몽』의 문예적인 특성을 살펴보고 독자들이 상상과 추측을 통해 반복적으로 생각하여 점차 작품에서 표현하려는 깊은 의미와 미묘함을 이해하여 암호 해독 과정 중에서 즐거움을 얻어 극대한 예술적 향유를 느끼게 된다. 『홍루몽』은 독자들에게 풍부하고 영명함, 미묘한 암시를 제공하였고 이러한 점이 바로 『홍루몽』이 널리 오랫동안 전파되어 무궁한 흥미와 연구 자료로서의 기치를 제공하는 중요한 원인 중의 하나이다. 이에 『홍루몽』에 대한 정확한 이해를 위해서 먼저 작품 형성과정을 살펴보고 작가가 살았던 당시의 문화와 현실에 대해 조명해 보고자 했다. 본고에서는 『홍루몽』의 가치를 다양한 시각으로 재탐색하는 방법으로 『홍루몽』의 문예적인 특성을 살펴보고 또한 한국에의 유입에 대하여 정리했다. 그러나 본고에서는 뚜렷한 자료를 제시하지 못한 점이 있다. 앞으로 이를 좀 더 보완하여 부족한 부분을 채워가고자 한다. 이와 같은 연구를 통하여 한․중양국의 문화교류를 이해하고, 미래의 관계를 개선해 가는데 큰 역할을 할 수 있을 것이다.