13:12⇢Youth's Frugal Dragon Year
⌨The newspapers extensively cover Spring Festival themes, with state media coordinating coverage of Xi's holiday greetings during inspection tours (CCTV, China Daily, Beijing Daily). A shift in focus emerges with reports of "consumption downgrade" among young Chinese during the festival (VOA Chinese). Meanwhile, DeepSeek's founder Liang Wenfeng's transition from quantitative funds to AI investment draws attention (BBC Chinese), while concerns surface about China's involvement in a Cambodian canal project (SCMP).