Nothing new.
https://www.cnn.com/2019/12/19/busin...-us/index.html
Only accelerated harder after Xi pushed for Common Propensity. Evergrande boss pushed $8B out of China this whole default saga started.
Now they are pushing for casinos in Macau to gamble in yuan instead of HKD.
On crypto, didn't the market just shrug it off this latest and final Chinese move? The Chinese wants to world to switch away from USD to yuan, having a decentralized options that's gaining acceptance all over the world is last they want.