China has a bone-crunching fate, afraid of meat getting stuck in the teeth...

China International Monetary Institute - Reasons for Bitcoin as a Reserve Asset [Part 1]

Is Bitcoin quietly entering China's observation list of reserve assets?

The China International Monetary Institute (IMI) is affiliated with the Financial School of Renmin University of China, and its advisory board members come from key institutions such as the central bank, the Ministry of Finance, the Ministry of Foreign Affairs, and the National Development and Reform Commission.