China’s Social Credit System

The Honor 50 was introduced in China back in June, and quickly became а big part of the brand’s revival at the domestic scene. The company CEO hinted the series is scheduled for a global rollout in Q4, and today we got a more specific date - October 26. According…

(Source: VCG) Chinese media outlet LatePost reported on Thursday that many Evergrande Auto employees said their department has asked them to take leave after China’s seven-day National Day Holiday until October 31st. Staff involved in R&D in Hengchi 5 and Hengchi 6, and most manufacturing staff in Shanghai and Guangzhou…

(Source: Cainiao) According to Chinese financial data provider Qichacha, Air China Cargo Co., Ltd. has documented a change with the country’s Industrial and Commercial Administration. The update shows that the firm’s registered capital has roared from about 7.376 billion yuan ($1.141 billion) to about 10.69 billion yuan, up by 44.93%,…

(Source: iFeng) Photographs of a group of manned aircraft have attracted attention in China recently. The pictures show two pilots flying in the air in an aerocar, as iFeng Tech reported on Thursday. Xpeng Motors responded: “This is not only a flying car but our deployment for future travel.” According…

After reports said hundred soldiers from China had entered India's territory in Uttarakhand last month, latest reports indicate that Chinese troops have been installing missile defence systems and building military infrastructure along the Line of Actual Control (LAC). Chinese troops had reportedly crossed 5 kms into Indian territory in Uttarakhand. The PLA…

As part of its quest to be an advanced economy, China initially appeared to embrace cryptocurrency. In 2011, just two years after bitcoin was born, the country opened its first bitcoin exchange. By 2016, as both a center of trading and a maker of equipment used to mine bitcoin, China…

How Hong Kong Censors Film in the Name of National Security The Asian film capital has cracked down on documentaries and independent productions that it fears could glamorize the pro-democracy movement. The director of “Far From Home,” a short, intimate film about a family caught in the tumult of the…

Joe Biden’s rhetoric has reached an inflection point. In recent weeks, the president has been discovering “inflection points” everywhere. And that’s no malarkey. Here is a sampling from just the last two weeks: At the United Nations, in a quote that the Biden team later highlighted on Twitter: “We stand,…

In last week’s VC news, global automotive corporation General Motors invests in Chinese autonomous driving startup Momenta, Beijing-based maker of augmented reality glasses Nreal raises new funds for international expansion, NetEase invests in Londong and Singapore-based game publisher Kepler Interactive. General Motors invests in Chinese autonomous driving startup Momenta General…

Residents in Shanghai can choose high-speed railway when planning a trip to view tourist attractions in Zhangjiajie, Hunan Province, from October 11, the China Railway Shanghai Group said yesterday. From 12am on October 11, the national railways will use the fourth-quarter train operation map, and the Yangtze River Delta Railway…