The microcurrency market is kicking off the new week in the red.

At the time of writing, Bitcoin (BTC) is at $44,641 and Ethereum (ETH) is at $3,216.

You know, China is currently America's only economic rival but it wasn't always that way.

After World War II, multiple authoritarian regimes fought to take power and the country isolated itself from foreign trade and relations.

Their economy struggled until the mid-1980s, when China opened its economy to the world.

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