Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities 3 min read China Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities An economics professor and former adviser to the People’s Bank of China has urged the Chinese government...Read More
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China 4 min read 2021 Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China admin January 11, 2023 A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency...Read More
IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China 3 min read China IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China admin January 2, 2023 The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of...Read More
Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions 4 min read benchmark interest rates Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions admin January 2, 2023 2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop...Read More
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar 3 min read brics Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar admin October 31, 2022 Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency...Read More
257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion 5 min read Capitalist Exploits 257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion admin October 27, 2022 According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of...Read More
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents 3 min read China US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents admin October 26, 2022 The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee...Read More
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar 3 min read Asean Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar admin October 16, 2022 Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency...Read More
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says 3 min read CBDC Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says admin October 14, 2022 Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the...Read More
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies 3 min read BIS China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies admin September 29, 2022 The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued...Read More
Settlements With China — Russia Plans Next Step for Digital Ruble 3 min read CBDC Settlements With China — Russia Plans Next Step for Digital Ruble admin September 28, 2022 Russia intends to use its digital ruble, to be introduced early next year, for payments with its...Read More
Nanjing University Sets Up One of the First Metaverse Majors in China 3 min read China Nanjing University Sets Up One of the First Metaverse Majors in China admin September 27, 2022 Nanjing University in China has reportedly launched one of the first majors in the country dedicated to...Read More