The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering Authored by James Gorrie via The Epoch Times (emphasis ours), For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism . It was intended to be the crowning achievement of the surveillance state. With a programmable, traceable digital currency, Beijin...
The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering Authored by James Gorrie via The Epoch Times (emphasis ours), For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism . It was intended to be the crowning achievement of the surveillance state. With a programmable, traceable digital currency, Beijing thought it would finally break the back of private payment giants like Alipay and WeChat Pay. Signage of the Chinese digital currency is seen near a coffee store in the New Actuation Fintech Center in Beijing on Feb. 17, 2022. Jade Gao/AFP via Getty Images Yet, despite having total control over the levers of the domestic economy, Beijing’s digital dream is showing signs of terminal fatigue. Since its debut at the 2022 Winter Olympics, the e-CNY has gone from an aggressive, potential retail juggernaut to a low-public-appeal tool for state administration. In short, nobody really wants it. The Genesis of Control: Why the e-CNY was Born The People’s Bank of China (PBOC) didn’t launch the digital yuan to make life easier for the average citizen in Shanghai or Shenzhen. It was an aggressive move against the autonomy of the private sector and an offensive tactic to undermine individual privacy. In 2014, when China’s research into the Central Bank Digital Currency (CBDC) began, the Chinese Communist Party (CCP) realized that the vast majority of retail transactions occurred on platforms it did not directly control. The authorities understand that any lack of control is a potential threat to the Party. Therefore, the goal of the digital yuan was “financial inclusion” (a euphemism for state monitoring and control of every cent spent), and the “internationalization of the yuan” to challenge the U.S. dollar. But most importantly , it was about strengthening the CCP’s “Social Credit System.” A retail CBDC allows the state to freeze assets instantly if a citizen’s behavior deviates fro...
The average one-year price target for Workday (BIT:1WDAY) has been revised to €169.23 / share. This is a decrease of 17.08% from the prior estimate of €204.09 dated February 23, 2026. The price target is an average of many targets provided by analysts. The lat
The average one-year price target for Workday (BIT:1WDAY) has been revised to €169.23 / share. This is a decrease of 17.08% from the prior estimate of €204.09 dated February 23, 2026. The price target is an average of many targets provided by analysts. The lat
RainiKandi/iStock via Getty Images The Undercovered Dozen is a weekly Seeking Alpha editor-curated series highlighting 12 articles on lesser-covered stocks from the previous seven days. We hope this provides ideas and inspires discussion among the community. Today, we're looking at articles published between March 27 and April 2. Take a look at what these less-covered stocks might hold for you. An...
RainiKandi/iStock via Getty Images The Undercovered Dozen is a weekly Seeking Alpha editor-curated series highlighting 12 articles on lesser-covered stocks from the previous seven days. We hope this provides ideas and inspires discussion among the community. Today, we're looking at articles published between March 27 and April 2. Take a look at what these less-covered stocks might hold for you. And please join the conversation below to share what you think: Are any of these worth following up on? And are there other undercovered ideas that you like? CVR Energy Poised To Soar Publius | Strong Buy CVR Energy ( CVI ) is a small oil refiner with refineries in Kansas and Oklahoma, and it also owns significant pipeline and logistics systems as well as a 37% interest in a nitrogen fertilizer business (publicly traded CVR Partners - ticker UAN). Over the past few years, I believe CVI has made numerous poor decisions, resulting in less than optimal performance. But a combination of new management, changes that have already been implemented, government action, and the recent bottoming of the refining cycle is about to lead to spectacular performance for their business. To top that off, the wars in Ukraine/Russia and Iran/Middle East should supercharge their earnings for at least the rest of this year. Read more here. Market's Impatience Is Growing My Income: Greystone Housing Rida Morwa | Buy Greystone Housing Impact Investors LP ( GHI ), yielding 11.1%, is a unique partnership that invests in multi-family housing using two distinct strategies. At Q3 2025 earnings, management telegraphed a dividend cut. We observed: "Given the commentary, the last seems unlikely. We think something around $0.25 is probably favored, but we also wouldn't blame management if they just decide to bring the distribution back to 2020 levels. It might be better to be conservative and increase the distribution with each sale, than to risk sitting here a year from now with no properties sold and having...