China Wants the Yuan to Rival the Dollar: What That Means for Bitcoin
Yahoo Finance·2026-02-02 17:17
The race between the US and China won’t end anytime soon. With Trump back in office, it is clear that the goal is to ensure the US always leads, not just in tech but in soft power projection. So far, China has been successful in maintaining its dominance as the global factory. Meanwhile, no other country comes close to the US in policing the world. In 2022, Russia was sanctioned and cut off from the SWIFT system after invading Ukraine. China has had its fair share of trouble following President Trump’s a ...