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China’s Social Credit System

Group to boost entrepreneurial engagements with China through language training  China's Social Credit System

Group to boost entrepreneurial engagements with China through language training 

Plans are underway by the Hongye Group to establish a centre where Mandarin will be taught to broaden entrepreneurial opportunities to Nigerians doing business with China.     The Chief Executive Officer (CEO) of the group, Moses Ayom said in Abuja that the language centre will aid Nigerian traders and…
bubmag
August 4, 2021
Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm China's Social Credit System

Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm

Tencent boss Pony Ma is lending a hand in Evergrande’s hour of need Debt-saddled developer China Evergrande Group continues to reduce its shareholding in its Hong Kong-listed internet division, HengTen Networks Group, as it announced plans yesterday to offload a HK$3.25 billion ($420 million) stake. The news comes less than…
bubmag
August 2, 2021
Olympics: Singapore beat France in women’s table tennis team event, to face favourites China in quarter-finals China's Social Credit System

Olympics: Singapore beat France in women’s table tennis team event, to face favourites China in quarter-finals

Sport Singapore's Lin Ye (left) and Singapore's Yu Mengyu (second from left) return a shot to France's Stephanie Loeuillette (right) and France's Jia Nan Yuan (second from right) during their women's team round of 16 table tennis match at the Tokyo Metropolitan Gymnasium during the Tokyo 2020 Olympic Games in…
bubmag
August 2, 2021
People’s Bank of China intensifies crypto crackdown as Chinese CBDC progresses China's Social Credit System

People’s Bank of China intensifies crypto crackdown as Chinese CBDC progresses

The People’s Bank of China is intensifying its cryptocurrency crackdown. In a statement released on Saturday, the People’s Bank of China stated that it will “keep heavy pressure on virtual currency trading hype.” The announcement comes a day after officials announced the bank’s goals for the second half of the…
bubmag
August 1, 2021