Browsing Tag
china
319 posts
China Sparks Panic Sell: $542K Ethereum Hits the Market
Ethereum prices fell sharply as China’s government started a big sell-off. This move put $542,000 worth of Ethereum…
Digital Yuan Gains Ground In Saudi-China Transactions Disregarding USD
China is leaving no stone unturned to internationalize the Chinese Yuan by challenging the US dollar’s prestige. The…
BRICS: China Dumps $21B Net US Treasuries Since Beginning of 2024
BRICS member China has dumped over $21 billion in its US treasuries since the beginning of 2024. The…
China-Russia Crypto Pact: A New Threat to US Dominance?
The China-Russia crypto pact is worrying some experts. It could challenge the US’s dominance and bring some new…
US-China Trade Tensions May Prove Lucrative For ASEAN: Impact On USD?
The US presidential campaigns are inching towards their final stage, and their political undercurrents are shaping world economics.…
China Controls 55% of Bitcoin Mining Newtork Despite Ban
Despite its stance against crypto, China still controls 55% of the Bitcoin mining network even though it has…
De-Dollarization: How Chinese Yuan Is Bringing the US Dollar Down
The United States dollar (USD) has been the world’s reserve currency for the longest time. Several governments have…
De-Dollarization: How the US Is Helping Chinese Yuan To Succeed
De-dollarization is the most buzzing word in the global financial sectors across Asia, Africa, and South America. Emerging…
India & China Make Landmark Agreement at BRICS Meeting
In what is certainly a positive development for the alliance, India and China have struck a landmark agreement…
BRICS: Saudi Arabia to Adopt Petroyuan for Oil Settlements, Ditch Petrodollar?
As the BRICS bloc continues its de-dollarization efforts, Saudi Arabia is reportedly considering the adoption of the petroyuan…