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In 2025, Chinese-language money laundering networks processed $16.1 billion in illegal crypto, nearly 20% of the global underground economy. Telegram Channels as Laundering Hubs Chinese-language money laundering networks funneled an…
China’s President Xi Jinping advocates for a strong currency that will allow the country to challenge the dollar’s dominance in international trade and rival its position as a global reserve currency. Xi’s…
The illicit on-chain money laundering ecosystem has expanded sharply over the past five years and has grown from just $10 billion in 2020 to more than $82 billion in 2025,…
China has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps the dollar weak. According to Xinhua, the currency has stayed below the…
According to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks central bank digital currencies ( CBDCs) and their expansion, China’s CBDC, known…
In its recent visit to China, Canada’s Prime Minister Mike Carney reached a series of agreements that seek to forge a commercial alliance between the two countries. Canada now seeks…
Data released by the U.S. Treasury confirms that China’s holdings of U.S. debt fell by $6.1 billion, reaching its lowest exposure levels since 2008. While China remains one of the…
The People’s Bank of China acquired 30,000 troy ounces of gold in December, according to official figures, extending its 14‑month buying streak. China is among the countries with the largest gold…
Cambodian authorities extradited billionaire Chen Zhi, head of Prince Group, to China on Jan. 7 after his arrest with two associates. He is accused of orchestrating one of the world’s…
China’s decision to pay interest on its digital yuan sharpens the global race for digital money, raising fears that stalled U.S. policy could weaken stablecoins, payments dominance, and competitiveness as…