Tag: Chinas

ReutersAugust 13, 2020

© Reuters. FILE PHOTO: People wearing face masks following the coronavirus disease (COVID-19) outbreak are seen at Beijing Daxing International Airport in Beijing BEIJING (Reuters) – China’s aviation regulator said on Thursday that passenger numbers in July fell 34.1% from a year earlier. That marked a recovery from a year-on-year decline of 42.4% in June. […]

CointelegraphAugust 4, 2020

China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent The People’s Bank of China is purportedly planning to use its digital currency electronic system (DCEP) — another moniker for its central bank digital currency — to target the dominance of technology giants like Alibaba (NYSE:) and Tencent in the digital payments sector. The […]

ReutersJuly 30, 2020

© Reuters. BEIJING (Reuters) – China’s monetary policy should be more flexible and targeted, and its fiscal policy more proactive, as its economy still faces relatively big uncertainties, the country’s top decision body said on Thursday in a quarterly meeting. The Politburo, chaired by president Xi Jinping, said the government must ensure reasonable growth of […]

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