Category

China’s Social Credit System

70K Waimai Drivers in China Have A Masters Degree? Well… No China's Social Credit System

70K Waimai Drivers in China Have A Masters Degree? Well… No

The false idea that 70,000 Chinese delivery drivers, or waimai xiaoge (外卖小哥), hold a master’s degree has recently been doing the rounds on the Chinese internet.  Many netizens bemoaned the number of “wasted talents,” with one Weibo user with over 16,000 followers posting a Baidu article that claimed China was creating a group of “highly educated poor…
bubmag
March 18, 2021
U.S. intelligence finds Russia and Iran sought to influence 2020 election, but China did not China's Social Credit System

U.S. intelligence finds Russia and Iran sought to influence 2020 election, but China did not

The Office of the Director of National Intelligence on Tuesday released a declassified report on foreign actors' attempts to influence and interfere in the 2020 election. The big picture: The U.S. intelligence community found that Russia and Iran conducted influence operations aimed at affecting the outcome of the election, but…
bubmag
March 16, 2021
Ford, Infiniti and Alibaba’s UC Browser Denounced for Unfair Practices on Chinese Consumer Rights TV Show China's Social Credit System

Ford, Infiniti and Alibaba’s UC Browser Denounced for Unfair Practices on Chinese Consumer Rights TV Show

(Source: Ford) During a popular annual television program broadcast by state-run China Central Television on March 15 – which is also World Consumer Rights Day – several domestic and foreign brands were singled out for violations of consumer rights. Dubbed the “315 Gala”, this year’s show exposed high-profile brands including…
bubmag
March 16, 2021
News24.com | Tencent faces broad China clampdown on fintech, deals China's Social Credit System

News24.com | Tencent faces broad China clampdown on fintech, deals

Tencent could be a next target of increased supervision Like Ant, Tencent will probably be required to establish a financial holding company to include its banking, insurance and payments services.The two firms will set a precedent for other fintech players on complying with tougher regulations, such a move would mark…
bubmag
March 13, 2021