Here comes the brrr? China Evergrande collapse shows need for $1 trillion Beijing rescue plan, says Clocktower strategist.

by Dismal-Jellyfish source: https://www.marketwatch.com/story/china-evergrande-collapse-shows-need-for-1-trillion-beijing-rescue-plan-says-clocktower-strategist China Evergrande Group’s EGRNF, bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate market, says Clocktower Group’s Marko Papic. China’s second-largest property developer asked a Manhattan court on Thursday for protection from creditors under Chapter 15 of the …

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Great Flood in Beijing China. 3 Gorges Dam in Jeopardy

Record-setting torrential rain in Beijing! Over 500 mm of rainfall in 24 hours! The weather station data has been interrupted, and the rainstorm is still going on! pic.twitter.com/DsSSogcM0D — Jim (@yangyubin1998) July 31, 2023 🚨🇨🇳 Beijing is officially underwater. Time for Taiwan to start the holy war and liberate China. pic.twitter.com/lIEC9PoHd0 — Terror Alarm (@Terror_Alarm) …

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China’s Tencent Holdings introduces cashless payment service for Beijing metro riders using WeChat Pay, utilizing surface-level palm prints and hand veins, and Tencent’s YouTu AI lab.

“Hey, have you heard the latest from China? They’re going all-in on the cashless life! Tencent Holdings, the social media powerhouse, has just launched a super cool payment service for Beijing metro riders. And get this – you can pay for your ride with just your palm! No cash, no card, no problem. It’s all …

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