China Leads the World in Google Searches for Facebook's Libra

China is the global leader when it comes to searching for "Facebook Libra" on Google one month after the release of Libra's white paper.

As of July 18, China is the first in the list of countries googling of Facebook's new cryptocurrency project, according to data from Google Trends.

Based on the data, China has the highest proportion of search queries for Libra, with a maximum value of the query popularity of 100.

"Facebook Libra" Google searches over the past 30 days.

The home country of Facebook is ranked 25th in the list, based on the popularity of Libra searches in Google.

Marcus confirms Libra will compete with WeChat, Alipay.

Google Trends data is not the only source proving the massive spike of interest of China to Facebook's Libra.

China's Sina Weibo, the country's biggest social media network, has also recorded an increased popularity of Libra.

Marcus acknowledged the intention during the hearing on Libra with the Financial Services Committee of the United States House of Representatives on July 17.

On July 8, China's central bank announced it started working on its own digital currency in response to Facebook's Libra as it could pose a risk to the country's financial system.