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1  Economy / Economics / Black Friday ở nước bạn năm nay thế nào? on: November 27, 2020, 03:46:14 PM
How was Black Friday in your country this year?
I am working in Vietnam and this year's discount festival does not seem as bustling as in previous years because we have Shopee, Lazada holding regular discount events before October 10th, November 11th and more...
Part of the reason is the I am working in Vietnam and this year's discount festival does not seem as bustling as in previous years because we have online stores like Shopee, Lazada that hold regular discount events before. October 10, November 11, and more ...
Demand for online shopping is gradually dominating instead of traditional buying methods so we see stores with fewer people coming to buy.
Part of the reason is the economic recession has caused people to cut down on shopping-related needs.recession has caused people to cut down on shopping-related needs.
2  Economy / Economics / China is looking to get rid of the US dollar on: October 15, 2020, 02:15:52 PM
The US Dollar is a currency with global liquidity, and almost all national currencies must be converted to US dollars to purchase products from within the country. The dollar is the mediating currency around the world for most transactions, where US companies are where the strength of the dollar exists.

China is creating a cryptocurrency to eliminate the mediation of US dollars. This currency will transact in China, they will scale up payments globally.
I don't think China's monetary revolution will be successful because Huawei out of the 100 largest companies in the world has only 96. Hundreds of US companies have greater influence and much higher liquidity with the influence of a company from China.
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