{"id":23720,"date":"2020-10-12T16:46:26","date_gmt":"2020-10-12T07:46:26","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/oct\/12\/chinese-city-giving-away-10m-yuan-in-lottery-trial-of-digital-currency"},"modified":"2020-10-12T16:46:26","modified_gmt":"2020-10-12T07:46:26","slug":"chinese-city-giving-away-10m-yuan-in-lottery-trial-of-digital-currency","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=23720","title":{"rendered":"Chinese city giving away 10m yuan in lottery trial of digital currency"},"content":{"rendered":"<p>Shenzhen residents can win one of 50,000 \u2018red packets\u2019 to spend in local shops<\/p>\n<p>Authorities in the Chinese city of Shenzhen have begun giving away more than 10m yuan ($1.49m) in a citizens\u2019 lottery, as part of trials of a new <a href=\"https:\/\/www.theguardian.com\/world\/2020\/apr\/28\/china-starts-major-trial-of-state-run-digital-currency\">digital currency.<\/a><\/p>\n<p>Almost 2 million people applied to be one of 50,000 randomly selected citizens receiving a \u201cred packet\u201d valued at 200 yuan (about US$30) on Sunday, to spend at 3,800 designated outlets in the district of Luohu. Participants must download the official digital Renminbi app, which is not yet publicly available, to receive the currency for purchases within the next week.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/oct\/12\/chinese-city-giving-away-10m-yuan-in-lottery-trial-of-digital-currency\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shenzhen residents can win one of 50,000 \u2018red packets\u2019 to spend in local shopsAuthorities in the Chinese city of Shenzhen have begun giving away more than 10m yuan ($1.49m) in a citizens\u2019 lottery, as part of trials of a new digital currency.Almost 2 mi&#8230;<\/p>\n","protected":false},"author":297,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[50,556,1069,1729,1730,42],"tags":[],"class_list":["post-23720","post","type-post","status-publish","format-standard","hentry","category-china","category-chinese-economy","category-coronavirus-outbreak","category-economic-recovery","category-gambling","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/23720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/297"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23720"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/23720\/revisions"}],"predecessor-version":[{"id":23721,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/23720\/revisions\/23721"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}