Source: Tech – South China Morning PostChina should seriously consider giving the country’s first ever nationwide direct cash handouts to its 1.4 billion residents in 2022 to help improve economic sentiments, as the prolonged Covid-19 pandemic threatens to spoil the third Spring Festival in a row.First of all, the cash payments would be in line with Beijing’s common prosperity push. China has a huge wealth gap issue, and a payout of an appropriate amount would benefit the poor more than the rich.A one-off handout of, say, 2,000 yuan…Read More