Category: China039s
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China’s Communist Party central committee adopts resolution on further deepening reforms
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Adoption of a resolution on further deepening comprehensive reform Reform should be placed in a more prominent position consciously. The reform tasks set out in this resolution must be completed by 2029. Necessary measures will be implemented to prevent and mitigate risks in key areas such as real estate, local…
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DONOR TO ANTI-BITCOIN REP. BRAD SHERMAN COORDINATES WITH CHINA’S “MAGIC WEAPON” TO INFLUENCE US POLITICIANS
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In 2018, one of the largest donors to Rep. Brad Sherman’s campaign was a bank director who had spent large sums of money to build political influence among American politicians — and who led a US-registered non-for-profit that “signed a MOU of friendly cooperation” with a Chinese state entity alleged…
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Hong Kong Trials China’s e-CNY
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Hong Kong, the dynamic hub of Asian finance, has taken a pioneering leap into the future of digital currency. in This is the first step of its kindChina has launched a pilot program for its electronic currency CNY, or digital yuan, allowing Hong Kong residents to test this new financial…
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The E-CNY: China’s Digital Dilemna
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China, the land where cash was once king, is moving toward a digital future. At the forefront of this revolution is China’s e-yuan, the country’s bold attempt to create a central bank digital currency (CBDC). But unlike the seamless experience promised by its sleek app, the e-CNY ride was more…