Most of what we've heard about the yuan dethroning the dollar is from the West. Here's what China's actually said about it.

Tech Insider : Economy, Politics
China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.
China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.

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China's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again.

Tech Insider : Economy
A robot plays with basketball at Mintasca intelligence technology company booth during the opening of 2023 World Artificial intelligence conference in Shanghai, China on July 6, 2023 .
China's cozying up to its tech firms again after a massive crackdown wiped $1.1 trillion off the valuations of major firms in the sector.

Ying Tang/NurPhoto/Getty Images

Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal

Tech Insider : Economy, Politics
Italian Premier Giuseppe Conte and Chinese President Xi Jinping shake hands after the signing ceremony on Belt and Road Initiative, on March 23, 2019 in Rome, Italy.
Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal.

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Maryland police are using drones from a Chinese company that were banned in four states

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A drone flies in front of a logo that reads
Maryland police agencies purchased drones from the Chinese technology company DJI.

Adrees Latif/Reuters

China is installing offshore wind turbines as tall as 30 Rock in the Taiwan Strait

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three massive wind turbines turn offshore with a small boat in front of them
A boat sails past wind turbines north of Pingtan Island, opposite Taiwan, in China's southeast Fujian province on April 10, 2023.

GREG BAKER/AFP via Getty Images

Billionaire Mark Mobius says he's so bullish on emerging markets that all his money is outside the US

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mark mobius

Richard Brian/Reuters

What are 'full-time children'? Young adults in China are rejecting the rat race and getting paid by their parents to do chores while living at home

Tech Insider : Economy
A man sitting in a wheelchair reading a newspaper accompanied by a young adult
Many Chinese young adults are opting to stay at home and get paid to care for their parents, rather than taking a traditional full-time job.

AFP/Getty Images

Russia's economic isolation from the West is deepening its China dependency – car imports from the Asian nation shot up 540%

Tech Insider : Economy
Putin/Xi
Russian President Vladimir Putin and China's President Xi Jinping make a toast during a reception following their talks at the Kremlin in Moscow on March 21, 2023.

PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

"Neutral" China sends millions in weapons to Russia to fight Ukraine

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A loophole allowed China to send Russia enough weapons to outfit an entire army, including protective gear, drones, and thermal-optical sights.

Kim Jong Un showed Russia his arsenal of nuclear weapons, the newest of which is among North Korea's most dangerous missiles

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In this photo provided by the North Korean government, North Korean leader Kim Jong Un, right, with Russian delegation led by its Defense Minister Sergei Shoigu visits an arms exhibition in Pyongyang, North Korea Wednesday, July 26, 2023, on the occasion of the 70th anniversary of the armistice that halted fighting in the 1950-53 Korean War.
The Hwasong-18, the middle missile pictured here, is a solid-fueled intercontinental ballistic missile, which
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