Belt and Road Initiative – DIGIT INFO

Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’

DIGIT — Wed, 03 Apr 2024 23:26:05 +0000

The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects along the Belt and Road Initiative and provide the base for developing applications that showcase collaboration across borders. ‘Ultra-Large Scale Blockchain Infrastructure Platform’ The Chinese government has reportedly […]

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China to gain most from restrictive US crypto regulations: Coinbase CEO

DIGIT — Wed, 31 May 2023 03:19:41 +0000

The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore.

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Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed

DIGIT — Sat, 15 Apr 2023 07:30:00 +0000

Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of the visit of President Luis Inacio “Lula” da Silva to China. The settlement, which was processed by the Industrial and Commercial Bank of China (ICBC) paves the way for cheaper and simpler […]

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Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony

DIGIT — Sun, 22 May 2022 03:00:56 +0000

Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS Countries’ Dependence on the US-Dominated Global Financial System Chinese experts […]

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