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China bets on the blockchain

6/28/2021 3:48:02 AM GMT There is no stage bigger than the Olympics, for the athletes and the host country. Modern China announced its arrival 13 years ago when 2,008 synchronized drummers performed at the Beijing Summer Olympics opening ceremonies. In February, China is expected to use the Beijing Winter Olympics to unveil a creation of intense international interest: the digital yuan, the first major central bank digital currency, or CBDC. Consumers are unlikely to notice much difference shop...
United States France General South Africa Ali Baba Ping An New South Wales

Cost of food soars; Heartland restaurants face challenges

Cost of food soars; Heartland restaurants face challenges Food costs impacting restaurants By Brooke Buckner | May 18, 2021 at 6:15 PM CDT - Updated May 18 at 6:17 PM CAPE GIRARDEAU, Mo. (KFVS) - Easing COVID-19 restrictions means Heartland restaurants can welcome in more customers, but they’re still facing a problem impacting their bottom lines. Federal numbers show food prices climbing for the fourth month in a row, including restaurant staples like chicken, cheese and fresh produce...
Peter Cai National Restaurant Associations Cape Girardeau Madelin Arambula Little Kitchen Food Prices
Source: kfvs12.com

China warns of 'serious harm' as Australia scraps BRI deal - Newspaper

The move “has poisoned mutual trust... and seriously harms China-Australia relations”, said foreign ministry spokesman Wang Wenbin at a briefing in Beijing. — Photo courtesy Chinese foreign ministry website BEIJING: China on Thursday said Australia’s sudden scrapping of a Belt and Road Initiative deal risked “serious harm” to relations and warned of retaliatory actions, but Canberra insisted it would not be bullied. The federal government pulled the deal with Victoria state late on ...
Australian Capital Territory Scott Morrison Wang Wenbin Peter Cai Peter Dutton Lowy Institute
Source: dawn.com

'No benefit': Scott Morrison to tear up Victoria's controversial Belt and Road deal with China

One Belt, One Road is a $1.5trillion Chinese foreign and economic policy It has signed 170 deals with 125 countries related to Belt and Road agenda Commentators have said state deals with China could be a concern In 2018 Dan Andrews made a Belt and Road agreement with China New Federal law could see state deal with foreign powers deals vetoed
Tiananmen Square Australian Capital Territory Scott Morrison Herald Sun Dan Andrews Peter Cai

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