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China’s Social Credit System

China accuses US of sending balloons into its airspace China's Social Credit System

China accuses US of sending balloons into its airspace

A series of shootdowns of objects over the United States, including an alleged Chinese high-altitude spy balloon, has raised tensions between Washington and Beijing. BEIJING: China on Monday accused the United States of flying balloons over its territory, hitting back against Washington's claims that Beijing has been operating a fleet…
bubmag
February 13, 2023
AMAN-23: China-Pakistan friendship will make the sea more peaceful and secure China's Social Credit System

AMAN-23: China-Pakistan friendship will make the sea more peaceful and secure

The picture shows the scene of the opening ceremony of multinational naval exercise AMAN (Peace)-23.   BEIJING, Feb. 13 -- On February 10, local time, the multinational naval exercise AMAN-23 initiated and organized by the Pakistan Navy officially kicked off in waters near Karachi, Pakistan. Representatives of Chinese participating troops…
bubmag
February 13, 2023
Schumer: “It is wild” U.S. didn’t know about China’s balloon program earlier China's Social Credit System

Schumer: “It is wild” U.S. didn’t know about China’s balloon program earlier

Senate Majority Leader Chuck Schumer (D-N.Y.) acknowledged it was "wild" the U.S. didn't know about the Chinese government's use of balloons "until a few months ago," during an interview on ABC's "This Week" on Sunday. Catch up quick: Last week, the U.S. shot down a suspected Chinese surveillance balloon that…
bubmag
February 12, 2023
Tim Kaine stresses importance of U.S.-China communication after spy balloon incident China's Social Credit System

Tim Kaine stresses importance of U.S.-China communication after spy balloon incident

Sen. Tim Kaine (D-Va.) emphasized the importance of maintaining a "thorough and robust" line of communication between the U.S. and China in light of recent events during an interview on Fox News Channel's "Cavuto Live" on Saturday. Catch up quick: Last week, the U.S. shot down a suspected Chinese surveillance…
bubmag
February 12, 2023
China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower China's Social Credit System

China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower

Lendlease had sold its 20% stake in Salesforce Tower to its own office vehicle last year. Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week. With the tower at…
bubmag
February 10, 2023
Oil Update China's Social Credit System

Oil Update

MOSCOW: Russia will cut oil production by 500,000 barrels per day, or around 5 percent of output, in March, Deputy Prime Minister Alexander Novak said on Friday, after the West imposed price caps on Russian oil and oil products, according to Reuters. The price of Brent crude rose on the news…
bubmag
February 10, 2023
US officials say Chinese balloons can gather intelligence China's Social Credit System

US officials say Chinese balloons can gather intelligence

A US official says a suspected Chinese spy balloon that the US shot down this week was able to gather communications signals. A senior State Department official revealed in a background briefing that it had numerous antennas capable of “intelligence collection operations.” Congressmen from the US passed a non-binding resolution…
bubmag
February 9, 2023