China will join the World Health Organization-backed $18 billion initiative to distribute Covid-19 vaccines to about two-thirds of the world’s population by the end of 2021, a reversal which now … ( read original story…
Tagged By covid-19
China’s Shenzhen giving away millions in sovereign digital yuan to test technology and boost consumption
Distribution of China’s sovereign digital currency via 50,000 digital ‘red packets’ in Shenzhen is latest move in a series of trials across the country, but an official roll-out date has still not … ( read…
Shenzhen to distribute 10 million yuan in digital currency to residents to boost consumption
VCG. Shenzhen in South China’s Guangdong Province will distribute 10 million yuan ($1.49 million) to its residents, in the form of digital currency, from F … ( read original story …)
Shenzhen to hand out 10 million digital yuan in currency giveaway
The major Chinese city of Shenzhen is launching a pilot program to promote the digital yuan with a public giveaway. In collaboration with the country’s central bank, Shenzhen is planning to … ( read original…
Renminbi jumps by most in more than 4 years as China returns to work
China’s currency jumped by the most in two and a half years while the country’s onshore stocks gained on positivity over the world’s second-biggest economy as traders returned from a lengthy holiday. ( read original…
China Becomes Largest Economy To Join WHO-Backed Global COVID-19 Vaccine Initiative
The COVID-19 vaccine initiative known as COVAX got a boost Friday (Beijing time) when the Chinese foreign ministry announced that the country had officially joined the facility, Reuters reported.What … ( read original story …)
Domestic travel over Golden Week boosts China’s economic recovery
Hundreds of millions of domestic tourists have boosted China’s economic recovery over its Golden Week national holiday, even as concerns linger over consumer spending. There were 637m trips in China … ( read original story…
Central banks sketch out digital currency as China forges ahead
A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China’s “trail blazing” and leapfrog private ……
China’s recovery isn’t as rosy as it appears — but there’s still ‘room for optimism’
Beijing wants to advertise the Beijing, Shanghai, Guangdong type of recovery, but that’s not most of China,” China Beige Book’s Leland Miller says. ( read original story …)
China Tourism Rebounds Over Golden Week but Still Below Last Year
Domestic tourism in China saw a robust rebound over the just-ended Golden Week holiday, encouraged by the country’s success in stamping out the novel coronavirus, although levels were still well short … ( read original…
Covax: vaccine global effort gets China’s support
Beijing joins initiative against ‘vaccine nationalism’ in contrast to US, which is not part of alliance … ( read original story …)
China polishes its image by joining WHO vaccine initiative
China will join a World Health Organization initiative aimed at ensuring fair distribution of Covid-19 vaccines around the world as part of Beijing’s latest effort to steal a public relations march on … ( read…
China joins COVAX initiative for COVID-19 vaccine distribution
China said on Friday it has joined a global COVID-19 vaccine initiative co-led by the World Health Organization (WHO), becoming the biggest economy to date to pledge support to help buy and distribute … (…
