In the same week the British Treasury announced new proposals to help maintain access to physical cash, around 50,000 people in China were handed 200 digital yuan, around £23, each. Much in the way the UK government handed out ‘helicopter money’ to those eating out to help out in August, China’s version last week had … Read more
‘A UFO in the sky!’ Mysterious lights appearing across night sky stun residents of a Chinese city Shenzhen residents were shocked to spot an unusual scene shining in the sky Footage shows a large cluster of lights beaming above the city’s skyscrapers Curious social media users likened the strange sighting to an illuminating UFO The … Read more
Tencent unveils plans for a high-tech 21-million-square-foot ‘City of the Future’ in Shenzhen planned to open in 2027 Chinese tech giant Tencent is planning to build its own city in Shenzhen Built on 320 acres on the Shenzhen Bay, the so-called ‘Net City’ will emphasize sustainable power sources and encourage walking and bicycling The construction … Read more