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China’s Social Credit System

China’s Paper Chase: ‘Paper Mills’ Help Academics Commit Fraud China's Social Credit System

China’s Paper Chase: ‘Paper Mills’ Help Academics Commit Fraud

China’s “paper mills” are selling fake authorship and fabricated data to researchers. And they’re making tens of millions of yuan in the process. An exposé published Monday by domestic media outlet Hongxing News detailed the workings of two such fraudulent companies in southwestern China’s megacity of Chongqing from May. To…
bubmag
October 16, 2025
The Historian Showing How Trade Shaped China’s Ties to the World China's Social Credit System

The Historian Showing How Trade Shaped China’s Ties to the World

For decades, Li Bozhong has argued that understanding China’s long-term economic development begins with Jiangnan — the fertile delta south of the Yangtze River, where preindustrial China achieved a level of productivity rivaling Europe’s. Now 76 and chair professor of humanities at Peking University, Li has spent his career combining…
bubmag
October 16, 2025
China bans dealings with 5 US subsidiaries of South Korean shipbuilder Hanwha Ocean China's Social Credit System

China bans dealings with 5 US subsidiaries of South Korean shipbuilder Hanwha Ocean

HONG KONG (AP) — China’s Commerce Ministry said Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at U.S. President Donald Trump’s effort to rebuild the industry in America. The ministry also announced that it was…
bubmag
October 14, 2025
Trump’s tariff on China spurs record $10 billion volume for Bitcoin funds China's Social Credit System

Trump’s tariff on China spurs record $10 billion volume for Bitcoin funds

Crypto-based funds attracted $3.17 billion in new capital, even as markets reeled from tariff-related tensions between the United States and China, according to CoinShares weekly report. On Oct. 10, President Donald Trump announced that the US could raise tariffs in response to China’s new rare-earth export restrictions. The statement triggered…
bubmag
October 13, 2025
Crypto traders blame Trump’s tariffs in search of ‘singular event’: Santiment China's Social Credit System

Crypto traders blame Trump’s tariffs in search of ‘singular event’: Santiment

The US-China talks will “be central” to crypto traders’ market moves in the short-term, sentiment platform Santiment said. Crypto retail traders were quick to blame Friday’s broader crypto market decline on US President Donald Trump announcing a 100% tariff on China, as they often look for something to point the…
bubmag
October 12, 2025
$19B Liquidation Hits Crypto Market Amid US–China Trade War Escalation China's Social Credit System

$19B Liquidation Hits Crypto Market Amid US–China Trade War Escalation

The crypto market just witnessed its most violent liquidation event in history. Over $19 billion in leveraged positions vanished within 24 hours, wiping out 1.6 million traders across major exchanges. This wasn’t just another crash. It was the largest liquidation event the digital asset market has ever seen, nearly 9×…
bubmag
October 11, 2025