I see a lot of countries with much lesser population struggling to sustain their economy at this point, with global inflation, the after effect of COVID-19 other multi-dimensional economic problems. Because I can remember vividly that China, are one of the highest hit of COVID-19 but yet they are still waxing stronger economically.
Why is that even though we know that the beginning of the tragedy was there
If we look at it economically, China was quick and responsive in implementing a series of stimulus policies to support their economy after the pandemic and In general China is very important to the direction of the dollar and yuan and recent changes in trends or price movements in the Bitcoin market because they are in the form of their ownership or actions towards Bitcoin so they are wary of inadequate financial market infrastructure and basic supervision of exchanges exists for digital currency.