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Category China

China’s Central Bank Governor Envisions the End of US Dollar Dominance

China’s Central Bank Governor Envisions the End of US Dollar Dominance

China’s central bank governor, Pan Gongsheng, has indicated that a new global currency order may emerge, challenging the long-standing dominance of...
Goldman Sachs Flips Bullish on Ten Stocks – Bank Says These Companies Could Be China’s ‘Magnificent 7’

Goldman Sachs Flips Bullish on Ten Stocks – Bank Says These Companies Could Be China’s ‘Magnificent 7’

Banking giant Goldman Sachs is reportedly turning bullish on ten China-based companies. Goldman Sachs says in a note to investors that the “Promine...
China to expand digital yuan globally and develop a multi-polar global currency system

China to expand digital yuan globally and develop a multi-polar global currency system

The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar...
David Sacks said China is only months behind the US in AI, not years, despite export bans

David Sacks said China is only months behind the US in AI, not years, despite export bans

David Sacks, who leads crypto and AI policy under President Donald Trump’s White House, warned on Wednesday that China is no longer playing catch-u...
Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War

Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War

Chinese Bitcoin hardware manufacturers Bitmain, Canaan and MicroBT, who together sell more than 90 % of global mining rigs, have shifted production...