So, what’s up in China? 🇨🇳 Issue 66, covering 22 – 28 February.

  1. China’s domestic tourism revenue expected to exceed $510 billion in 2021 (pandaily)
  2. Kuaishou’s DAU spiked to nearly 500 million during the Chinese New Year (KrASIA)
  3. Mainland China, Hong Kong SAR, Thailand, and the United Arab Emirates announced they will be testing central bank digital currencies in cross-border payments (TechNode)
  4. ByteDance will pay US$92 million to settle a class-action lawsuit over data privacy claims from some US TikTok users (Dao Insights)
  5. Chinese women’s lobby group has called for legislation making parental leave for new dads mandatory (Ink Stone News)
  6. The National Bureau of Statistics confirmed in its statement that China’s economy grew by 2.3% yoy in 2020 (CGTN)
  7. First virtual tour of Palace of Versailles opens to China (CGTN)
  8. China’s economy could double in size by 2035, BOA says (CNBC)
  9. President Xi had celebrated “complete victory” in eradicating rural poverty in China (Reuters)

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