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China’s Social Credit System

Tens of thousands evacuated as typhoon In-fa makes landfall in eastern China China's Social Credit System

Tens of thousands evacuated as typhoon In-fa makes landfall in eastern China

HONG KONG — Tens of thousands of people were evacuated from their homes in Shanghai early Sunday after Typhoon In-fa barreled into China's east coast. Days after unprecedented flooding devastated huge parts of the country's center, forcing more than 1 million people from their homes, around 330,000 residents were evacuated…
bubmag
July 25, 2021
Electric vehicle startup Faraday Future debuts on Nasdaq valued at $5 billion China's Social Credit System

Electric vehicle startup Faraday Future debuts on Nasdaq valued at $5 billion

The financing will help launch the FF91, Faraday Future’s flagship all-electric vehicle, within the next 12 months. According to 36Kr (in Chinese), the FF91 will be priced at the highest end of the market ($180,000–$300,000) and more expensive than premium brands like BMW and Mercedes-Benz. The funding marks a milestone…
bubmag
July 23, 2021
Passengers are trapped in flooded subway train as Chinese region sees worst rainfall for 60 years China's Social Credit System

Passengers are trapped in flooded subway train as Chinese region sees worst rainfall for 60 years

At least 18 people have died after torrential rains inundated towns an cities in central China - trapping people in a flooded subway system in water up to their necks Twelve of the deaths reported so far occurred in the city of Zhengzhou, Henan province, after the city's underground network flooded…
bubmag
July 22, 2021
Does Anyone Understand the Democrats’ Mind-Bendingly Complicated Carbon Tariff Bill? China's Social Credit System

Does Anyone Understand the Democrats’ Mind-Bendingly Complicated Carbon Tariff Bill?

In the past week, the United States and Europe have tossed a once-obscure climate policy into the spotlight: carbon tariffs, or “border adjustment mechanisms,” as they’re called. Last week, politicians in Brussels unveiled a 291-page proposal to levy a fee on carbon-intensive imports. And on Monday in the U.S., Democratic…
bubmag
July 21, 2021