Bitcoin

As the US-China tech war intensifies, China is attracting emerging-market talent that traditionally went to the US or Europe. This reverses a decades-long brain drain and signals a multipolar innovation landscape. For crypto, a more self-sufficient China could accelerate the development of alternatives to SWIFT and dollar-based systems, benefiting decentralized finance and Bitcoin as a neutral reserve asset.

Increasing numbers of Asian and African PhD students are choosing to pursue doctoral studies in China.