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Nalezeno "China": 3672

Official Hints China Could Pit Expanded BRICS Against G7


China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc will discuss the conditions of adding nations like...

China to extend its Social Credit System across the metaverse


POLITICO recently shared a new report offering insights into China’s upcoming plans regarding the online sphere. The report suggests China plans to extend its renowned social credit system across the metaverse. The system will also be applicable to other virtual worlds, showcasing the growing...

China's Deflationary Woes and the Ripple Effect on Bitcoin


China's economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC).  In the latest episode of Macro Markets, analyst Marcel Pechman argued that deflation in China, which economists believe is an issue, would leave short...

BRICS Expansion Will Speed Up De-Dollarization, Chinese Expert Says


As more countries join the BRICS economic bloc, there will be a significant increase in settlements using national currencies, leading to an acceleration in the de-dollarization process, a Chinese expert says. “For most developing countries, development is a top priority. That is why the BRICS...

China’s Shanghai and Suzhou Ready Fresh CBDC Adoption Drive


The Chinese cities of Shanghai and Suzhou are eyeing more digital yuan adoption progress as the nation tries to drive up interest in its CBDC. The central People’s Bank of China (PBoC) recently claimed that almost $250 billion worth of CBDC transactions had been processed in the nation to date....

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