{"id":18607,"date":"2021-08-19T03:04:38","date_gmt":"2021-08-19T03:04:38","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=18607"},"modified":"2021-08-19T03:04:38","modified_gmt":"2021-08-19T03:04:38","slug":"tencent-earmarks-us7-7-billion-for-common-prosperity-to-answer-xi-jinpings-call-for-equality","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=18607","title":{"rendered":"Tencent earmarks US$7.7 billion for \u2018common prosperity\u2019 to answer Xi Jinping\u2019s call for equality"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostShenzhen-based tech giant Tencent Holdings said on Wednesday that it has created a 50 billion yuan (US$7.7 billion) fund dedicated to \u201ccommon prosperity\u201d, one day after Chinese President Xi Jinping made it a key economic and social goal for the country.The fund will be used to boost the income of low-income groups, improve health care coverage, help rural economic development, and support grass roots education, Tencent said in a midnight statement hours after its second-quarter earnings call\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3145567\/tencent-earmarks-us77-billion-common-prosperity-answer-xi-jinpings?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostShenzhen-based tech giant Tencent Holdings said on Wednesday that it has created a 50 billion yuan (US$7.7 billion) fund dedicated to \u201ccommon prosperity\u201d, one&hellip; <\/p>\n","protected":false},"author":0,"featured_media":18608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/18607"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18607"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/18607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/18608"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18607"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}