The head of Huawei believes that China can run an analogue of Libra before Facebook 2 октября, 2021


According to the Director General of Huawei, one of the largest companies in the world in telecommunications, the PRC can become a competitor to Facebook, producing its own digital currency before the popular social network.

During a press conference in Italy Zheng Zhengfei, answering the question about the US global hegemony, said that China could create an analogue of Libra, without waiting for it to do someone else. As the country has greater power than the Internet company.

The head of Huawei did not point out specifically to his company, which actively uses the blockchain in its activities, and sought to mention the achievements of the country on this field.

His words once again confirm the seriousness of the intentions of the People’s Bank of China

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