China’s Social Credit System

TOKYO — Japan’s exports jumped in June led by U.S. demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world’s third-largest economy. Exports rose 48.6% in June from a year earlier, the fourth straight month of double-digit gains, although growth was largely…

In last week’s VC news, Microsoft’s China-based spin-off gets a new injection granting it unicorn status, local lingerie industry leader Neiwai raises a whopping $100 million in the latest round, Alibaba and SAIC motors back smart vehicle software startup Banma, attracting $464 million in investment from a cohort of new…

Syria has accused Israel of launching a new attack on the country shortly after China pledged additional support for the war-torn Arab nation that Beijing views as important for its economic footprint in the Middle East. Following reports Monday of explosions in the country's northwest, the Syrian Defense Ministry released…

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BOI cites big Chinese projects, PH investors in China returning Chinese firms are investing in electric vehicle assembly, telecoms and steel manufacturing projects in the Philippines, while Filipino investors in China are also coming back and reinvesting in the country. Board of Investments (BOI) Managing Head Ceferino S. Rodolfo said…

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Source: Adobe/Miguel The cryptoasset market remains in something of a funk. Having been knocked off course by Tesla’s announcement that it would no longer accept bitcoin (BTC) as payment for its cars, it has been dragged further down by a steady stream of governmental and regulatory pushback. From China’s crackdown…

The Social Edition is our weekly series which deep dives into luxury initiatives in China’s social media landscape. Every week, we highlight brand campaigns distributed on Chinese digital platforms — WeChat, Weibo, Tmall, Douyin, and beyond. Our coverage spotlights global luxury brands, global beauty brands, and local Chinese brands. The latter…

What Happened: China’s Twitter equivalent, Weibo, has become a major conduit where luxury brands can communicate with Chinese consumers. On July 15, Weibo hosted a panel titled: Empowering Luxury Innovation and Expanding Brand Influence. With Weibo’s edge in social listening and data tracking, the social media giant explored social interaction…

Home » Tech » Anhui Province shuts down block reward miners, cites power shortage China’s relentless crackdown on the block reward mining industry continues, with Anhui province becoming the latest to join the clampdown. The province has ordered block reward miners to shut down, citing power shortages that it believes…