The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?
Hello where is you're source? I hope this kind of speculation should be backed up by a fact that everyone can see. If China will invest in blockchain then it's good actually. Knowing them they will enter it as it one of the profitable industry and they are really business minded since they decided it when the bearish has really happening. It's a perfect time to accumulate coins and tokens. If the Chinese will invest surely the prices of tokens and coins will recover.