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Category China


China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets

China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets

According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this...
May, 18, 2024
by Bitcoin News
Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report

Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report

The suspects allegedly used USDT to run a foreign exchange payment and settlement business, providing illegal services to cosmetics and drug smuggl...
May, 18, 2024
2 min read
by CryptoPotato
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announc...
May, 18, 2024
2 min read
by Bitcoinist
End the US Dollar: China Is Selling USDs And Buying Gold

End the US Dollar: China Is Selling USDs And Buying Gold

In a new and interesting development, China is getting rid of a record amount of US Treasury and…
May, 17, 2024
3 min read
by Watcher.Guru
Russia and China Vow to Stand Together Against U.S.

Russia and China Vow to Stand Together Against U.S.

Amidst escalating global tensions, Russia and China are tightening their alliance, showcasing a unified stance against American policies. This coll...
May, 17, 2024
3 min read
by CryptoPolitan