ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Bitcoin and China's endless chain of bubbles

A stack of yuan notes at a commercial bank in Beijing (Reuters)

SHANGHAI -- From the stock and property markets to other segments of the economy, bubbles are continually cropping up in China. Lately, the country's investors have been turning to bitcoin in droves.

Chinese investors are constantly shifting from one promising asset to another, seeking to maximize their returns amid excess liquidity. The slowdown in growth means the authorities have little choice but to maintain a fairly accommodative monetary policy, contributing to the abundance of cash.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more