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Stock impact report

Globalist-Endorsed War-On-Cash May Be China's Next Terrifying Weapon [zero hedge]

BANK OF CHINA UNSP/ADR (BACHY) 
NASDAQ:AMEX Investor Relations: boc.cn/en/investor
Company Research Source: zero hedge
Globalist-Endorsed War-On-Cash May Be China's Next Terrifying Weapon Authored by Tho Bishop via The Mises Institute,Recent protests in Hong Kong, along with the resulting fall out from international corporations questioned for their relationships with mainland China, has placed a renewed focus on the authoritarianism of the Chinese Communist Party. This has led to several articles identifying ways in which Western countries have learned from the CCP, including Europe's growing embrace of web censorship and growing interest in the social credit system rolled out in 2018. Given that it wasn't that long ago that it was common to see Western leaders and neoliberal commentators openly envy aspects of the Chinese political system, these concerns are certainly worth exploring. What should be of equal interest, however, is the ways China may be learning from the West.The next weapon the CCP may plan to wield against its citizens is a War on Cash.As Joseph Salerno, among others, has Show less Read more
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