The idea resurfaces regularly: a Chinese yuan backed by gold, instantly reshaping the global monetary order. In theory, it sounds transformative — a hard-money alternative to the US dollar and
The idea resurfaces regularly: a Chinese yuan backed by gold, instantly reshaping the global monetary order. In theory, it sounds transformative — a hard-money alternative to the US dollar and
When the China-US trade war took a turn for the worse earlier this year, many noticed the inverse correlation between Bitcoin and the Chinese Yuan.