The United States has accelerated its move to decouple from China this year. It imposed sanctions on some Chinese companies due to national security concerns, and forbid the export of advanced technologies to them. This was a heavy blow to the Chinese companies, even threatening their existence.
A video of a joyful celebration for a traditional Chinese festival in a luxury mansion went viral in China last Sunday. It’s believed that this mansion belongs to Yang Linkui, the deputy mayor of Pingle county, in an autonomous region in southern China, Guangxi.