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China’s Social Credit System

G7 expresses ‘grave concerns’ over electoral changes in Hong Kong China's Social Credit System

G7 expresses ‘grave concerns’ over electoral changes in Hong Kong

Foreign ministers in the G7 group of nations including the United States have expressed "grave concerns" at what they said was China's decision to fundamentally erode democratic elements of the electoral system in Hong Kong. The G7 released a statement that was tweeted by British Foreign Secretary Dominic Raab, saying…
bubmag
March 13, 2021
U.S. Wants India’s Help on China, but There Are a Few Sticking Points China's Social Credit System

U.S. Wants India’s Help on China, but There Are a Few Sticking Points

The Biden administration is working to embed India in a network of countries in sharp competition with China, though they need to smooth over disagreements that include human rights and New Delhi’s acquisition of a Russian defense system. Highlighting the push is a virtual Friday meeting between President Biden and…
bubmag
March 12, 2021
Developer CFLD Defaults on Another $1.3B in Debt and More Asia Real Estate Headlines China's Social Credit System

Developer CFLD Defaults on Another $1.3B in Debt and More Asia Real Estate Headlines

Things are looking grim for CFLD boss Wang Wenxue In today’s roundup of regional news headlines, heavily leveraged mainland developer CFLD announces its latest default, China’s Sincere Property throws shade on joint venture partner CDL of Singapore, and 41 parties enter the race for a Hong Kong development project. Developer…
bubmag
March 11, 2021
GoHigh Teams with Jinmao, Beijing Capital to Buy Former Kuaishou HQ for $410M China's Social Credit System

GoHigh Teams with Jinmao, Beijing Capital to Buy Former Kuaishou HQ for $410M

The Qidi Science and Technology complex is a landmark in Beijing’s Zhongguancun area China’s fast-growing digital economy continues to show its impact on the real estate market as a local fund manager this week announced a deal to acquire an office building in Beijing’s Zhongguancun area which until recently was…
bubmag
March 11, 2021
China, Russia enter MoU on international lunar research station China's Social Credit System

China, Russia enter MoU on international lunar research station

by Andrew Jones — March 9, 2021 An artist conception of the International Lunar Research Station (ILRS), post-2030. Credit: CNSA/CLEP HELSINKI — The heads of the Chinese and Russian space agencies signed a memorandum of understanding Tuesday on cooperative construction of an international lunar research station. Zhang Kejian, head of…
bubmag
March 9, 2021
Have Virtual Cinemas Fallen Short of Saving Art Houses During the Pandemic? China's Social Credit System

Have Virtual Cinemas Fallen Short of Saving Art Houses During the Pandemic?

“There are individual films that have played at the theater that… made more than all of the virtual films have made combined,” Coolidge Corner Theater’s Wesley Emblidge says “It’s not even a fraction of the revenue that we’d be making if the theater was open. It really doesn’t compare,” Wesley…
bubmag
March 8, 2021