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Trump effect: Bitcoin Asia boycott Hong Kong’s fragile neutrality
A diplomatic dispute erupted ahead of Bitcoin Asia 2025 as government and regulatory representatives withdrew from panels, unwilling to share the stage with Eric Trump. The episode highlighted how political risks limit Hong Kong’s crypto ambitions and its efforts to remain neutral between Washington and Beijing. 
Beijing pledges dialogue with U.S. on TikTok ownership resolution
China’s Commerce Ministry said it would work with Washington to resolve the fate of TikTok’s U.S. business, stopping short of endorsing a White House-backed plan to spin the app into a new company majority-owned by American investors. -2DKHND7d.png "BHP stays neutral amid U.S.–China critical minerals showdown")
The agency cited anticipated fiscal deterioration in the coming three years, an erosion of governance, and a growing general debt burden as the reasons for the downgrade.
Previously, Fitch Ratings had already downgraded the U.S. rating to AA+ in 2011, after Washington successfully averted a default