The Chinese economy is teetering on the edge of collapse after reckless lending to real estate developers. It's funny how governments think that CBDCs are the solution to the crises they created. This will fail, just like FIAT. Bitcoin is the way.

With a bit of hope the transaction volume will go down :pleading_face:

An archive of the article is here. An archive has no paywall, no subscription requirement, and can be easier to read.