Category

China’s Social Credit System

US bans some foreign investments in chips, AI, quantum computing China's Social Credit System

US bans some foreign investments in chips, AI, quantum computing

President Biden has issued an executive order that prohibits certain entities from investing in US organizations if it will give the investor access to certain information technologies and/or US data. It's catchily titled the Order on Ensuring Robust Consideration of Evolving National Security Risks by the Committee on Foreign Investment…
bubmag
September 16, 2022
China Bans Schools From Forcing E-Devices on Students China's Social Credit System

China Bans Schools From Forcing E-Devices on Students

China’s top education authority has banned schools from demanding parents and students to purchase smart touchscreen devices and learning software programs after growing complaints over unreasonable prices and promotional tactics of such products. The Ministry of Education asked provincial authorities to strengthen their review of online learning resources and ordered…
bubmag
September 16, 2022
Tencent Invests in Overseas Education Startups After China’s Regulatory Tightening China's Social Credit System

Tencent Invests in Overseas Education Startups After China’s Regulatory Tightening

One year since Chinese authorities introduced the “Double Reduction” policy, which implemented tight restrictions on tutoring services, investment in the country’s private education industry has sharply declined. However, according to information released on September 15 by investment database ITjuzi, Tencent has continued to invest in education startups in Nigeria, Austria…
bubmag
September 15, 2022
China’s Smart Car Sector Now Ahead of Europe and US, Haomo Chairman Says China's Social Credit System

China’s Smart Car Sector Now Ahead of Europe and US, Haomo Chairman Says

China’s intelligent vehicle market is significantly ahead of Europe and the United States, said Zhang Kai, the chairman of Beijing-based autonomous driving company Haomo.AI Technology Co., Ltd., at the company’s sixth AI Day event held on September 13. China has accounted for 57% of all smart vehicles of different levels…
bubmag
September 15, 2022
Korean Businesses Alarmed as U.S. Protects Domestic Biotech China's Social Credit System

Korean Businesses Alarmed as U.S. Protects Domestic Biotech

Joe Biden /AP-Yonhap U.S. President Joe Biden on Monday signed an executive order to boost domestic biomanufacturing and slash his country's reliance on China for new medicines, chemicals and other products. The move comes shortly after Biden's Inflation Reduction Act ended subsidies for foreign-made electric cars. "The United States has…
bubmag
September 14, 2022
Twitter whistleblower reveals concerns over China gathering users data China's Social Credit System

Twitter whistleblower reveals concerns over China gathering users data

The FBI informed Twitter Inc. of at least one Chinese agent working at the company, U.S. Senator Chuck Grassley said during a Senate hearing on Tuesday where a whistleblower testified, raising new concerns about foreign meddling at th influential social media platform. Peiter “Mudge” Zatko, a famed hacker who served as Twitter’s head…
bubmag
September 14, 2022
Between planet and Party, China’s decarbonized future is hazier than ever China's Social Credit System

Between planet and Party, China’s decarbonized future is hazier than ever

In its most dire assessment yet, in April the Intergovernmental Panel on Climate Change (IPCC) told us that “it’s now or never.” Only “rapid, deep and immediate” cuts in carbon dioxide (CO2) emissions can prevent runaway global warming and the collapse of civilization. To keep global warming below 1.5°C, no…
bubmag
September 13, 2022