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China’s Social Credit System

China affirms tech crackdown will continue with more regulations rolling out through 2025 China's Social Credit System

China affirms tech crackdown will continue with more regulations rolling out through 2025

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bubmag
August 13, 2021
Barred from tutoring children, Chinese test-prep giant wants to educate parents China's Social Credit System

Barred from tutoring children, Chinese test-prep giant wants to educate parents

A loophole in the crackdown  As criticism grew, Yú Mǐnhóng 俞敏洪, the founder and president of New Oriental Education, responded to the controversy today, stressing that the company never intended to “offer education on curriculum subjects for parents.” His response, however, was missing the point, according to many critics. They…
bubmag
August 13, 2021
Chinese Telematics Startup Pateo Raises 830 Million Yuan China's Social Credit System

Chinese Telematics Startup Pateo Raises 830 Million Yuan

(Source: PATEO) Chinese Telematics startup Shanghai Pateo Electronic Equipment Manufacturing Co., Ltd., announced on Wednesday that it had raised more than 830 million yuan ($128 million) in a funding round, led by state-owned automaker China FAW Group. Co-investors are Changchun Fawsn Group Co., Ltd., ChinaEV100, CCB Trust and STEC Jianyuan…
bubmag
August 11, 2021
Bilibili’s Daily Active Users Exceeds 65 Million, Surpassing Youku to Become the Third Largest Long Video Platform in China China's Social Credit System

Bilibili’s Daily Active Users Exceeds 65 Million, Surpassing Youku to Become the Third Largest Long Video Platform in China

(Source: VCG) LatePost reported on Wednesday that the number of daily active users of video platform Bilibili has exceeded 65 million, surpassing Youku to become the third largest long-form video platform after iQiyi and Tencent Video. According to the report, the users’ time on the platform has stabilized at more…
bubmag
August 11, 2021
Germany’s not paying, Zomato’s not wowing, polar bear’s not messing around China's Social Credit System

Germany’s not paying, Zomato’s not wowing, polar bear’s not messing around

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bubmag
August 11, 2021
China’s Central Bank Outlook Fuels Calls for Policy Easing China's Social Credit System

China’s Central Bank Outlook Fuels Calls for Policy Easing

Please try another search Economy2 hours ago (Aug 10, 2021 12:45AM ET) © Reuters. China’s Central Bank Outlook Fuels Calls for Policy Easing (Bloomberg) -- China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to…
bubmag
August 10, 2021