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China's huge finds end crackdown on Alibaba, Tencent

China's huge finds end crackdown on Alibaba, Tencent
theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.

Although the importance of the yuan in the world is increasing, transactions are still lower than in Swiss francs

Although the importance of the yuan in the world is increasing, transactions are still lower than in Swiss francs
riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.

As China pushes its digital currency plans, the US falls behind

China's digital yuan has been piloted in 15 provinces and tested across a multi-national financial network. Meanwhile, the US is still developing a digital currency, endangering the dollar's place as the world's reserve currency and opening the door for China to set digital cash privacy standards.

China's May Day holiday travel rush sets new records

China s May Day holiday travel rush sets new records Passenger trips on Chinese railways hit a new single-day high People thronging at railway stations, airports and tourist sites, crisscrossing provinces Travel frenzy is giving China’s economy a powerful short-term boost China State Railway Group Co., Ltd. announced that the passenger trips on Chinese railways hit a new single-day high on Saturday, with nearly 18.83 million trips recorded. The number shows a 9.2-percent increase from the 2019 level, the first day of the International Workers’ Day holiday, which runs through Wednesday. The May Day travel rush in China signals the country’s stepped-up recovery from the COVID-19 pandemic, success in containing the spread of coronavirus and its ongoing mass vaccination campaign, with people thronging at railway stations, airports and tourist sites, crisscrossing provinces.

May Day travel rush mirrors China's speedy recovery from COVID-19

May Day travel rush mirrors China s speedy recovery from COVID-19 Updated: May 03,2021 09:20 PM    Xinhua BEIJING The May Day travel rush in China signals the nation s stepped-up recovery from the COVID-19 pandemic, with people thronging at railway stations, airports and tourist sites, criss-crossing provinces. Passenger trips on Chinese railways hit a new single-day high on May 1, with nearly 18.83 million trips recorded, according to data released by the China State Railway Group Co Ltd. The figure marks a 9.2-percent increase from the 2019 level, the first day of the International Workers Day holiday, which runs through May 5. The news media have linked the travel boom to China s success in containing the spread of COVID-19 and its ongoing mass vaccination campaign.

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