Change in China (And What It Means For Bitcoin)

By Timothy Sohn Jan 30, 2017 7:35 PM EST

(CoinDesk) – The financial world saw history made last week when, for the first time ever, a Chinese head of state took the podium at the World Economic Forum’s famed Davos conference in Switzerland. Issued on Jan. 17, Xi Jinping’s speech has since been interpreted as a response to rising protectionism – and an attempt to consolidate China’s position on the world stage.

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