#FirstHand #Court
District Councillor Cheng Tat-hung released on bail after National Security Law arrest
Around 11 am on March 13, the High Court upheld the bail approval for Cheng Tat-hung, one of the 47 arrested activists. He completed his release procedures around 4:30 pm and finally left the High Court. He was accompanied by his wife, relatives and friends, among them Yau Tsim Mong District Councilor Andy Yu Tak-po, .
After over a week in custody, Cheng didn’t answer questions from reporters as he left the court building. He only folded his hands in gratitude for all who gave him support, before leaving by car.
#Mar13 #PoliceState #47ProDemocracyActivists #HongKong #NSL
District Councillor Cheng Tat-hung released on bail after National Security Law arrest
Around 11 am on March 13, the High Court upheld the bail approval for Cheng Tat-hung, one of the 47 arrested activists. He completed his release procedures around 4:30 pm and finally left the High Court. He was accompanied by his wife, relatives and friends, among them Yau Tsim Mong District Councilor Andy Yu Tak-po, .
After over a week in custody, Cheng didn’t answer questions from reporters as he left the court building. He only folded his hands in gratitude for all who gave him support, before leaving by car.
#Mar13 #PoliceState #47ProDemocracyActivists #HongKong #NSL
#FirstHand #Court
Grandma Wong manhandled by police outside courthouse
Grandma Wong was outside the High Court to show support for the 47 activists' bail hearings in the afternoon of March 13, when police got into an altercation with her.
Four officers - 3 male and one female - physically picked her up and carried her away, setting her down on the sidewalk near the courthouse.
#Mar13 #PoliceState
Grandma Wong manhandled by police outside courthouse
Grandma Wong was outside the High Court to show support for the 47 activists' bail hearings in the afternoon of March 13, when police got into an altercation with her.
Four officers - 3 male and one female - physically picked her up and carried her away, setting her down on the sidewalk near the courthouse.
#Mar13 #PoliceState
CCP Member in Suspicion of Infiltration through Embassies. Scholar: Shanghai is the Hub for China's Espionage Activities
Source: Apple Daily #Dec14
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Source: Apple Daily #Dec14
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CCP Member in Suspicion of Infiltration through Embassies. Scholar: Shanghai is the Hub for China's Espionage Activities
Chinese government’s infiltration by the CCP members in foreign countries catches foreign attention. Followed by The Mail on Sunday from the UK revealing that CCP members have served in British academy and other occupations, Australia newspaper, The Australian reported that at least ten foreign embassies in Shanghai, including Australia, the UK and the US, were suspected being infiltrated by CCP members. Embassies employ CCP members as senior political and government affairs officials, clerk, economic advisors, and administrative assistant. They are employed by foreign embassies that may be a portion of the "state-sponsored spy network".
Employees in Foreign Embassies are Employed Through Chinese Government Agencies
The Australian reported that at least ten countries' embassies in Shanghai are hiring or have hired CCP members as senior administrative and government affairs officials, clerks, economic advisors, and administrative assistants. These countries include Australia, the US, the UK, Germany, Switzerland, India, New Zealand, Italy, South Africa, etc.
#China #ChineseEmbassy #CCP #Shanghai #Espionage #TheMailonSunday #TheAustralian
Source: Apple Daily #Dec14
https://hk.appledaily.com/international/20201214/2NNXARYBFFAQNLQ3SDJWOXJOZ4/
Chinese government’s infiltration by the CCP members in foreign countries catches foreign attention. Followed by The Mail on Sunday from the UK revealing that CCP members have served in British academy and other occupations, Australia newspaper, The Australian reported that at least ten foreign embassies in Shanghai, including Australia, the UK and the US, were suspected being infiltrated by CCP members. Embassies employ CCP members as senior political and government affairs officials, clerk, economic advisors, and administrative assistant. They are employed by foreign embassies that may be a portion of the "state-sponsored spy network".
Employees in Foreign Embassies are Employed Through Chinese Government Agencies
The Australian reported that at least ten countries' embassies in Shanghai are hiring or have hired CCP members as senior administrative and government affairs officials, clerks, economic advisors, and administrative assistants. These countries include Australia, the US, the UK, Germany, Switzerland, India, New Zealand, Italy, South Africa, etc.
#China #ChineseEmbassy #CCP #Shanghai #Espionage #TheMailonSunday #TheAustralian
Source: Apple Daily #Dec14
https://hk.appledaily.com/international/20201214/2NNXARYBFFAQNLQ3SDJWOXJOZ4/
Chinese-insensitive line from Monster Hunter might drag Demon Slayer’s box office due to second review
The movie Monster Hunter was only screened in China for one day, before it was pulled from all the cinema nationwide, all due to a line from MC Jin to be accused to be insensitive to Chinese audiences. According to The Hollywood Reporter, the incident after affected other movies. Movies that was previously green lighted to screen, such as Demon Slayer: Kimetsu no Yaiba the Movie: Mugen Train, were pulled from the theatres for a second round of review. Sources said that Demon Slayer might not be screened until February or March 2021. The DVD and Blue-Ray version of the movie would be released in Japan next month (January 2021). With the probable pirated version on the Internet, the box office for the Demon Slayer might take a big hit from the incident.
#Monsterhunter #Mcjin #China #Movie #DemonSlayer
Source: StandNews #Dec19
https://bit.ly/2OI12DT
The movie Monster Hunter was only screened in China for one day, before it was pulled from all the cinema nationwide, all due to a line from MC Jin to be accused to be insensitive to Chinese audiences. According to The Hollywood Reporter, the incident after affected other movies. Movies that was previously green lighted to screen, such as Demon Slayer: Kimetsu no Yaiba the Movie: Mugen Train, were pulled from the theatres for a second round of review. Sources said that Demon Slayer might not be screened until February or March 2021. The DVD and Blue-Ray version of the movie would be released in Japan next month (January 2021). With the probable pirated version on the Internet, the box office for the Demon Slayer might take a big hit from the incident.
#Monsterhunter #Mcjin #China #Movie #DemonSlayer
Source: StandNews #Dec19
https://bit.ly/2OI12DT
Pharma groups spend billions to tap into booming China healthcare
Pharmaceutical groups signed partnerships with Chinese biotechnology start-ups at a record rate last year despite geopolitical tensions and concerns over intellectual property rights and data security in the country.
China has opened up its healthcare industry over the past five years, prompting US and European companies to seal deals with local companies to access the world’s second-biggest drug market.
China’s healthcare industry overtook Japan in 2016 to become the world’s second-biggest and is expected to surpass the US within three years. Pharmaceutical spending in China totalled $137bn in 2018 and will reach $140bn-$170bn by 2023, according to data provider IQVIA.
US national security experts are also worried about Beijing gaining access to American healthcare data, particularly genomic information, for both privacy reasons and concerns about the ability to use such data to help develop biological weapons.
Source: FT #Mar08
https://www.ft.com/content/c2bec4c8-3345-4792-a915-9e906f6d4d64
#ChinaPharmaceutical #China #CCP #Genomic
Pharmaceutical groups signed partnerships with Chinese biotechnology start-ups at a record rate last year despite geopolitical tensions and concerns over intellectual property rights and data security in the country.
China has opened up its healthcare industry over the past five years, prompting US and European companies to seal deals with local companies to access the world’s second-biggest drug market.
China’s healthcare industry overtook Japan in 2016 to become the world’s second-biggest and is expected to surpass the US within three years. Pharmaceutical spending in China totalled $137bn in 2018 and will reach $140bn-$170bn by 2023, according to data provider IQVIA.
US national security experts are also worried about Beijing gaining access to American healthcare data, particularly genomic information, for both privacy reasons and concerns about the ability to use such data to help develop biological weapons.
Source: FT #Mar08
https://www.ft.com/content/c2bec4c8-3345-4792-a915-9e906f6d4d64
#ChinaPharmaceutical #China #CCP #Genomic
Ft
Pharma groups spend billions to tap into booming China healthcare
Partnerships with local start-ups hit record despite data security and IP protection concerns
Canadians support harder line against China over treatment of Uyghurs
A strong majority of Canadians both approve of Parliament’s declaration that China is carrying out genocide against its Uyghur Muslim minority and favour a harder line toward the country, including economic sanctions and moving the 2022 Winter Olympics out of Beijing.
A poll by Nanos Research showed that 83 per cent of Canadians either support or somewhat support the unanimous vote by the House of Commons, declaring Chinese atrocities against Uyghurs and Turkic minorities in Xinjiang to be in contravention of the United Nations’ Genocide Convention.
“It’s pretty clear that Canadians see this as genocide and the polls suggest that they are ready for action and a hardline when it comes to responding to the government of China” Mr. Nanos said.
Source: The Globe and Mail #Mar08
https://www.theglobeandmail.com/politics/article-canadians-support-harder-line-against-china-over-treatment-of-uyghurs/
#ChinaGenocide #Canada #China #Beijing2022
A strong majority of Canadians both approve of Parliament’s declaration that China is carrying out genocide against its Uyghur Muslim minority and favour a harder line toward the country, including economic sanctions and moving the 2022 Winter Olympics out of Beijing.
A poll by Nanos Research showed that 83 per cent of Canadians either support or somewhat support the unanimous vote by the House of Commons, declaring Chinese atrocities against Uyghurs and Turkic minorities in Xinjiang to be in contravention of the United Nations’ Genocide Convention.
“It’s pretty clear that Canadians see this as genocide and the polls suggest that they are ready for action and a hardline when it comes to responding to the government of China” Mr. Nanos said.
Source: The Globe and Mail #Mar08
https://www.theglobeandmail.com/politics/article-canadians-support-harder-line-against-china-over-treatment-of-uyghurs/
#ChinaGenocide #Canada #China #Beijing2022
#47Democrats #MassArrest
International Rallies Around the Globe, Supporting the 47 Detained Pro-Democracy Activists
Source: Stand News; #Mar9
#InternationalRally #Taiwan #Tainan #US #SanFrancisco #UK #Nottingham #NationalSecurityLaw
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International Rallies Around the Globe, Supporting the 47 Detained Pro-Democracy Activists
Source: Stand News; #Mar9
#InternationalRally #Taiwan #Tainan #US #SanFrancisco #UK #Nottingham #NationalSecurityLaw
Read more
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#47Democrats #MassArrest
International Rallies Around the Globe, Supporting the 47 Detained Pro-Democracy Activists
The 47 pro-democracy activists who participated in or organized the primary election were arrested under the national security law. Hong Kong citizens from all around the world held rallies at multiple locations to support the detained activists. These include San Francisco, USA, Melbourne, Australia, Berlin, Germany, Tainan, Taiwan, Nottingham, UK and Vancouver, Canada.
Rally Attendees waved flags with the slogan “Liberate Hong Kong, Revolution of our Times”. Some played “Glory to Hong Kong“, in which the crowd sang along to the song, hoping to support those in Hong Kong not to give up.
Although the rallies were scattered around the world, all participants and organizers expressed a similar message:
“Use the light you have, to shine others along your way.” (Tainan)
“We want to make a difference and speak out against mass arrests.” (San Francisco Bay Area)
A message to Hongkongers that “Keep speaking out, continue making yourself heard and do not be censored.” (Nottingham, United Kingdom)
Source: Stand News; #Mar9
#InternationalRally #Taiwan #Tainan #US #SanFrancisco #UK #Nottingham #NationalSecurityLaw
International Rallies Around the Globe, Supporting the 47 Detained Pro-Democracy Activists
The 47 pro-democracy activists who participated in or organized the primary election were arrested under the national security law. Hong Kong citizens from all around the world held rallies at multiple locations to support the detained activists. These include San Francisco, USA, Melbourne, Australia, Berlin, Germany, Tainan, Taiwan, Nottingham, UK and Vancouver, Canada.
Rally Attendees waved flags with the slogan “Liberate Hong Kong, Revolution of our Times”. Some played “Glory to Hong Kong“, in which the crowd sang along to the song, hoping to support those in Hong Kong not to give up.
Although the rallies were scattered around the world, all participants and organizers expressed a similar message:
“Use the light you have, to shine others along your way.” (Tainan)
“We want to make a difference and speak out against mass arrests.” (San Francisco Bay Area)
A message to Hongkongers that “Keep speaking out, continue making yourself heard and do not be censored.” (Nottingham, United Kingdom)
Source: Stand News; #Mar9
#InternationalRally #Taiwan #Tainan #US #SanFrancisco #UK #Nottingham #NationalSecurityLaw
#StandwithMyanmar
The picture above was published on Myanmar Information with a caption that wrote, “While the military treats the police force as cannon fodder, a dog is standing behind the soldiers and watching their deeds” in Burmese.
Source: Stand News; #Mar3
#HongKong #Thailand #military #crackdown #Protests #Funerals
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The picture above was published on Myanmar Information with a caption that wrote, “While the military treats the police force as cannon fodder, a dog is standing behind the soldiers and watching their deeds” in Burmese.
Source: Stand News; #Mar3
#HongKong #Thailand #military #crackdown #Protests #Funerals
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#StandwithMyanmar
Although the military roiled a deadly crackdown on February 28 which killed 20 people and arrested over 1,200 civilians, more protesters took to the street on March 1 and March 2 to rally against the military rule.
As the military’s crackdown became increasingly violent and deadly, determined pro-democracy protesters put their names, blood type and contact details on their arms before part-taking in a rally. In the face of tear gas and gunfire, young protesters relied barely on debris, iron bars, wet towels, and plastic water bags for protection and defence.
Very few protesters were wearing proper gas masks. Construction site helmets were not able to protect them from live ammunition.
Funerals were seen in multiple places around the nation. Saddened citizens gathered to pay respect to the victims of military brutality at these funerals. They were gathered at the funerals to mourn them at places where the protester was shot and died.
The courage of young protesters and the violence of military oppression in Myanmar have recalled memories of the civil disobedience movement in Hong Kong in 2019.
A columnist of Stand News picked the news up and wrote on the paper with a hearty closing remark, “The animals in Animal Farm surrendered. But the people in Hong Kong, Thailand and Myanmar did not.
Source: Stand News; #Mar3
https://bit.ly/2PRcgX9
#Myanmar #HongKong #Thailand #military #crackdown #Protests #Funerals
Although the military roiled a deadly crackdown on February 28 which killed 20 people and arrested over 1,200 civilians, more protesters took to the street on March 1 and March 2 to rally against the military rule.
As the military’s crackdown became increasingly violent and deadly, determined pro-democracy protesters put their names, blood type and contact details on their arms before part-taking in a rally. In the face of tear gas and gunfire, young protesters relied barely on debris, iron bars, wet towels, and plastic water bags for protection and defence.
Very few protesters were wearing proper gas masks. Construction site helmets were not able to protect them from live ammunition.
Funerals were seen in multiple places around the nation. Saddened citizens gathered to pay respect to the victims of military brutality at these funerals. They were gathered at the funerals to mourn them at places where the protester was shot and died.
The courage of young protesters and the violence of military oppression in Myanmar have recalled memories of the civil disobedience movement in Hong Kong in 2019.
A columnist of Stand News picked the news up and wrote on the paper with a hearty closing remark, “The animals in Animal Farm surrendered. But the people in Hong Kong, Thailand and Myanmar did not.
Source: Stand News; #Mar3
https://bit.ly/2PRcgX9
#Myanmar #HongKong #Thailand #military #crackdown #Protests #Funerals
立場新聞 Stand News
《立場新聞》編採獨立自主，不受任何贊助人、財團、權力機構及黨派左右。我們以非牟利原則營運，所有經營盈餘和贊助，只會用於傳媒事業。
#HKProtest
Exiled activists launch pro-democracy magazine to keep alive the spirit of “#BeWater”
A new print magazine in support of Hong Kong's pro-democracy movement has been published by a group of vocal activists who went on exile in Taiwan after China’s enforcement of a new national security law in Hong Kong in 2020.
Source: Apple Daily
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Exiled activists launch pro-democracy magazine to keep alive the spirit of “#BeWater”
A new print magazine in support of Hong Kong's pro-democracy movement has been published by a group of vocal activists who went on exile in Taiwan after China’s enforcement of a new national security law in Hong Kong in 2020.
Source: Apple Daily
Read more
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Exiled activists launch pro-democracy magazine to keep alive the spirit of “#BeWater”
The first issue came out in January this year. Called ‘Flow HK’ in English, the magazine's editor-in-chief is exiled activist #SunnyCheung, and its editorial board includes other well-known campaigners in the #AntiELAB movement.
The Chinese name of the new quarterly magazine, "be water", is named after the tactic protesters used to evade suppression by police. The phrase originated in a maxim from Hong Kong's home-grown martial arts legend Bruce Lee, outlining a philosophy of being flexible or formless.
In his piece for the inaugural edition, Cheung urges Hongkongers to find ways to remain united and not to give up. He says that the resistance movement is now like a buried stream, ready to become a river. "Overseas Hong Kongers must fight, and will not give up on their dream to go home. If you are not free in Hong Kong, then what is the use of freedom?"
#HKProtest
Source: Apple Daily
https://hk.appledaily.com/local/20210218/OVQ5BFURONE23ARNV3KIOBSLGU/
The first issue came out in January this year. Called ‘Flow HK’ in English, the magazine's editor-in-chief is exiled activist #SunnyCheung, and its editorial board includes other well-known campaigners in the #AntiELAB movement.
The Chinese name of the new quarterly magazine, "be water", is named after the tactic protesters used to evade suppression by police. The phrase originated in a maxim from Hong Kong's home-grown martial arts legend Bruce Lee, outlining a philosophy of being flexible or formless.
In his piece for the inaugural edition, Cheung urges Hongkongers to find ways to remain united and not to give up. He says that the resistance movement is now like a buried stream, ready to become a river. "Overseas Hong Kongers must fight, and will not give up on their dream to go home. If you are not free in Hong Kong, then what is the use of freedom?"
#HKProtest
Source: Apple Daily
https://hk.appledaily.com/local/20210218/OVQ5BFURONE23ARNV3KIOBSLGU/
Stanford University terminated their only Cantonese lecturer, over 3000 people signed petition to oppose the annihilation of the language
Source: StandNews #Jan14
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Source: StandNews #Jan14
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Stanford University terminated their only Cantonese lecturer, over 3000 people signed petition to oppose the annihilation of the language
Because of the limited budget, Stanford University in California, US, discontinued their contract with the only Cantonese lecturer in the campus. With the Cantonese programme at the university on the verge of cancellation, over 3000 people has petitioned for the programme. The University has promised to provide 2 Cantonese courses in the coming academic year, but has yet to respond to the petition for lifetime contract for the lecturer.
According to Stanford Daily, Stanford University Language Centre has discontinued their contract with Dr Sik Lee Denning last December, to “lower the budget”. Dr Denning is the founding lecturer of the “Cantonese Programme”, teaching the subject for over 20 years.
The incident raised concern in the Stanford community. Jamie Tam, assistant professor in public health at Yale University, who studied undergraduate degree in Stanford, described the Cantonese Programme as life-changing, allowing her to keep in touch with Hong Kong. “The society is facing a larger issue: people no longer view Cantonese as their mother tongue and tradition, thinking all Chinese people speak the same language.” She said.
#Cantonese #Stanford #SikLeeDenning #HongKong
Source: StandNews #Jan14
https://bit.ly/3rQeAMf
Because of the limited budget, Stanford University in California, US, discontinued their contract with the only Cantonese lecturer in the campus. With the Cantonese programme at the university on the verge of cancellation, over 3000 people has petitioned for the programme. The University has promised to provide 2 Cantonese courses in the coming academic year, but has yet to respond to the petition for lifetime contract for the lecturer.
According to Stanford Daily, Stanford University Language Centre has discontinued their contract with Dr Sik Lee Denning last December, to “lower the budget”. Dr Denning is the founding lecturer of the “Cantonese Programme”, teaching the subject for over 20 years.
The incident raised concern in the Stanford community. Jamie Tam, assistant professor in public health at Yale University, who studied undergraduate degree in Stanford, described the Cantonese Programme as life-changing, allowing her to keep in touch with Hong Kong. “The society is facing a larger issue: people no longer view Cantonese as their mother tongue and tradition, thinking all Chinese people speak the same language.” She said.
#Cantonese #Stanford #SikLeeDenning #HongKong
Source: StandNews #Jan14
https://bit.ly/3rQeAMf
立場新聞 Stand News
史丹福大學擬削唯一廣東話講師 逾 3000 人聯署反對 知名作家籲聲援免廣東話滅絕 | 立場新聞
因預算不足，美國加州的史丹福大學計劃不再與該校唯一一名教授廣東話的講師續約，導致廣東話課程的存亡危在旦夕。事件...
‘Dependency’ of UK universities on China creates risks, report says
The report, led by former universities minister Jo Johnson, is the first comprehensive assessment of Sino-British research collaboration, counting the number of papers co-authored by academics in both countries. The number of academic papers co-authored by Chinese and British researchers rose from 750 per year in 2000 (1% of UK output) to 16,267 in 2019 (11% of UK output).
At least 20 subjects, including many in science and technology, collaborations with China now account for more than a fifth of high-impact research. In the highly sensitive areas of automation, telecommunications and materials science, more than 30 per cent of papers were Sino-British partnerships.
Source: FT #Mar04
https://www.ft.com/content/8cc66c7f-a80f-4d84-96dc-71c22f01b57f #uk
#BritishResearch #China #UK #UKUniversity
The report, led by former universities minister Jo Johnson, is the first comprehensive assessment of Sino-British research collaboration, counting the number of papers co-authored by academics in both countries. The number of academic papers co-authored by Chinese and British researchers rose from 750 per year in 2000 (1% of UK output) to 16,267 in 2019 (11% of UK output).
At least 20 subjects, including many in science and technology, collaborations with China now account for more than a fifth of high-impact research. In the highly sensitive areas of automation, telecommunications and materials science, more than 30 per cent of papers were Sino-British partnerships.
Source: FT #Mar04
https://www.ft.com/content/8cc66c7f-a80f-4d84-96dc-71c22f01b57f #uk
#BritishResearch #China #UK #UKUniversity
China's Communist party ran campaign to discredit BBC, thinktank finds
China’s Communist party (CCP) orchestrated an international campaign to undermine the BBC and discredit its reporting during the first two months of the year, using western social media networks. Posts on Facebook, Twitter and YouTube which platforms are blocked in mainland China, were uploaded by diplomatic and state media accounts, and pro-Beijing influencers, and then amplified by troll networks.
Three main approaches were repeatedly deployed to try to undermine critical reporting from the UK’s public broadcaster.
The posts claimed that the BBC was biased and spreads disinformation, alleged that domestic audiences in the UK don’t trust its reporting, and said that its coverage of China is instigated by spy agencies or foreigners hostile to Beijing.
Source: The guardian #Mar04
https://www.theguardian.com/world/2021/mar/04/chinas-communist-party-ran-campaign-to-discredit-bbc-thinktank-finds?CMP=Share_iOSApp_Other
#CCP #China #BBC
China’s Communist party (CCP) orchestrated an international campaign to undermine the BBC and discredit its reporting during the first two months of the year, using western social media networks. Posts on Facebook, Twitter and YouTube which platforms are blocked in mainland China, were uploaded by diplomatic and state media accounts, and pro-Beijing influencers, and then amplified by troll networks.
Three main approaches were repeatedly deployed to try to undermine critical reporting from the UK’s public broadcaster.
The posts claimed that the BBC was biased and spreads disinformation, alleged that domestic audiences in the UK don’t trust its reporting, and said that its coverage of China is instigated by spy agencies or foreigners hostile to Beijing.
Source: The guardian #Mar04
https://www.theguardian.com/world/2021/mar/04/chinas-communist-party-ran-campaign-to-discredit-bbc-thinktank-finds?CMP=Share_iOSApp_Other
#CCP #China #BBC
China has given away millions in its digital yuan trials. This is how it works
The People’s Bank of China has been developing the digital yuan, a so-called central bank digital currency (DCEP) that aims to replace some of the cash in circulation.
China has already started real-world trials for the digital currency in a number of cities including Shenzhen, Chengdu and Suzhou.
The digital yuan could increase competition in China’s mobile payments market which is dominated by Ant Group’s Alipay and Tencent’s WeChat Pay.
The digital yuan is different from Bitcoin, which is a so-called decentralized cryptocurrency. That means that it is not controlled by any central authority like a central bank, unlike the digital yuan which will be issued by the PBOC.
Source: CNBC #Mar04
https://www.cnbc.com/2021/03/05/chinas-digital-yuan-what-is-it-and-how-does-it-work.html
#DigitalYuan #China #DCEP #Bitcoin
The People’s Bank of China has been developing the digital yuan, a so-called central bank digital currency (DCEP) that aims to replace some of the cash in circulation.
China has already started real-world trials for the digital currency in a number of cities including Shenzhen, Chengdu and Suzhou.
The digital yuan could increase competition in China’s mobile payments market which is dominated by Ant Group’s Alipay and Tencent’s WeChat Pay.
The digital yuan is different from Bitcoin, which is a so-called decentralized cryptocurrency. That means that it is not controlled by any central authority like a central bank, unlike the digital yuan which will be issued by the PBOC.
Source: CNBC #Mar04
https://www.cnbc.com/2021/03/05/chinas-digital-yuan-what-is-it-and-how-does-it-work.html
#DigitalYuan #China #DCEP #Bitcoin