January 7, 2025

mBridge and the New World Order: Stablecoin’s Role in the Decline of the Dollar

In the evolving landscape of global finance, a word about mBridge reveals its pivotal role in transforming cross-border payments. Launched by the PBOC in collaboration with Basel’s Bank for International Settlements, mBridge addresses the inefficiencies of traditional dollar-dominated payment systems. With its ability to instantly convert yuan and dirham transactions, mBridge significantly reduces both execution […]

mBridge and the New World Order: Stablecoin’s Role in the Decline of the Dollar Read More »

Is China’s Constitution Democratic?

People often ask, “Is China’s Constitution Democratic?” Here’s what China’s constitution says about democracy in China: The National People’s Congress and the local people’s congresses at various levels are constituted through democratic elections. They are responsible to the people and subject to their supervision. All administrative, judicial and procuratorial organs of the State are created

Is China’s Constitution Democratic? Read More »