Digital Currency
Economy
China captures Prince Group associate tied to US$24 billion crypto network
The arrest of a senior associate of alleged crime boss Chen Zhi exposes the hidden machinery behind Prince Group’s empire, as China’s widening crackdown pulls back the curtain on a vast Southeast Asian network of scams, gambling and illicit finance.
Caixin Global
10 Apr 2026
Politics
Shocks to shields: How India fortifies itself against a turbulent world
Hedging comes at a cost, but it is a price India may have to pay as it gets constricted by US transactionalism, two-front security pressure, Pakistan’s strategic rehabilitation and China’s institutional penetration of South Asia. Academic Hao Nan analyses the situation.
Hao Nan
02 Mar 2026
Economy
India counters Trump pullback with FTAs, e-rupee
India has long been working hard at diversification, with recent high-profile gains like the EU-India FTA. With its efforts to widen the use of the e-rupee and increase BRICS interoperability in digital currencies, it may be upping its game. ISAS academic Amitendu Palit shares his views.
Amitendu Palit
20 Feb 2026
Economy
Precious metal volatility puts the ‘safe haven’ trade on trial
As gold and silver swung from record highs to sharp sell-offs in a matter of weeks, investors were forced to confront an uncomfortable truth — can precious metals still be relied upon as a safe haven in turbulent times?
Caixin Global
13 Feb 2026
Economy
How Hong Kong became a global wealth magnet
Hong Kong has emerged as a powerhouse for global wealth, fuelled by the mainland connection, booming IPOs and a thriving digital asset market. This growth looks set to continue, in light of Asia’s growing wealth and factors in the geopolitical environment.
Caixin Global
30 Jan 2026
Economy
How the RMB is taking over the dollar’s role in global trade
Despite years of slow progress, the RMB is now the world’s second largest trade finance currency and third largest payment currency, according to the People’s Bank of China. Officials say the current climate offers a rare opening to accelerate its rise — especially as countries and corporates seek alternatives to the “weaponised” dollar.
Caixin Global
12 Sep 2025
Economy
How stablecoins could revolutionise the future of money and the dollar
Stablecoins backed by government and private assets could transform global finance, challenging the dollar’s dominance and reshaping how money moves and is trusted worldwide, says Professor Pierpaolo Benigno at the University of Bern.
Pierpaolo Benigno
18 Aug 2025
Economy
[Big read] Stablecoins are reshaping global finance — Can China keep up?
With the US advancing stablecoin regulation, China is weighing its next move. The outcome could redefine the global monetary order — and the future role of the renminbi. Lianhe Zaobao correspondent Yush Chau talks to academics and experts about China’s options.
Yush Chau
14 Aug 2025
Economy
Trump’s stablecoin embrace ups pressure on China to join race
As more countries and jurisdictions, including the European Union, Singapore and South Korea embrace stablecoins, these digital tokens, typically issued by private companies, not the state, are likely to play an increasingly significant and potentially pivotal role in international and domestic financial systems. Will China join the global stablecoin race?
Caixin Global
25 Jul 2025
Economy
Bitcoin for oil: Can crypto help Russia and China bypass the dollar?
Could cryptocurrencies, such as Bitcoin, enable China and Russia to bypass the US dollar? Amid US tariffs and sanctions, this question is an increasingly pertinent one, but there are some factors limiting its immediate impact. Researcher Eka Khorbaladze explores the possibilities.
Eka Khorbaladze
19 May 2025
Economy
How cryptocurrency is used to move billions of RMB in and out of China
Cryptocurrencies have lowered the barriers to running an underground currency exchange as they eliminate the need for large reserves of both local and foreign currencies. But their decentralised nature and degree of anonymity offered to users have also complicated supervision and law enforcement efforts.
Caixin Global
28 Feb 2025