President-elect Donald Trump embraced cryptocurrency during his 2024 campaign and has even made noises about creating a "Bitcoin reserve" in which the United States would hoard a stash of cryptocurrency much in the same way it keeps reserves of key resources such as gold and petroleum.

Now, as billionaire Trump advisor Elon Musk continues to play havoc with crypto markets, fears have emerged China could have beaten Donald Trump and the U.S. to creating a bitcoin reserve.

American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.

The first 100 days of Donald Trump's second term could offer the Chinese leadership an "extremely important" window of opportunity to make contact with him in an effort to avoid an immediate spike in tensions.