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China’s Social Credit System

Episode 79: Perfect Diary (Yatsen Group): Cosmetics Ecommerce Superstar and China’s L’Oreal for the Digital Age? China's Social Credit System

Episode 79: Perfect Diary (Yatsen Group): Cosmetics Ecommerce Superstar and China’s L’Oreal for the Digital Age?

In Episode 79 of Tech Buzz China, Rui and Ying talk about a company that aspires to be “China’s L’Oréal” for the digital age: Yatsen Group, owner of smash hit cosmetics app Perfect Diary (完美日记) among other brands. Though we at Tech Buzz have never directly covered the company, we…
bubmag
December 16, 2020
Iranian Oil Exports Rise as Tehran Circumvents Sanctions, Finds New Buyers China's Social Credit System

Iranian Oil Exports Rise as Tehran Circumvents Sanctions, Finds New Buyers

LONDON—Iran has circumvented U.S. sanctions and exported more oil to China and other countries in recent months, providing a lifeline for its struggling economy and undermining the Trump administration’s so-called maximum pressure campaign against Tehran. The scale of Iran’s petroleum sales is difficult to gauge, given their often covert nature. Several…
bubmag
December 15, 2020
Meet ‘Big Sister’ Zhou Chengyu – China’s Youngest Ever Space Commander China's Social Credit System

Meet ‘Big Sister’ Zhou Chengyu – China’s Youngest Ever Space Commander

The images of the Chinese national flag on the Moon’s surface made headlines in China and abroad following the landing of the Chang’e 5 spacecraft. But that wasn’t the only thing that caught people’s attention.  Zhou Chengyu, a 24-year-old from southwestern China’s Guizhou province, is China’s youngest ever space commander.…
bubmag
December 15, 2020
Exclusive: China search giant Baidu considers making own electric vehicles China's Social Credit System

Exclusive: China search giant Baidu considers making own electric vehicles

FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File PhotoBEIJING (Reuters) - China’s Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, said three people with…
bubmag
December 15, 2020
INSIGHTS | China’s corporate social credit system: A librarian’s dream China's Social Credit System

INSIGHTS | China’s corporate social credit system: A librarian’s dream

(Image credit: Pexels/Element5 Digital) As Christmas is approaching, many children might be wondering whether they’re on Santa’s naughty or nice list. Meanwhile, as China's corporate social credit system is rolled out, companies in China are asking themselves whether they’re on any of 42 national-level naughty lists or one of eight…
bubmag
December 14, 2020
Dine-in business stages a comeback but a third of eateries may have shut permanently China's Social Credit System

Dine-in business stages a comeback but a third of eateries may have shut permanently

While curbs on seating capacities remain, pent-up demand, especially on weekends and the upcoming holiday season, is expected to spur demand further, executives said.SynopsisWhile industry estimates say 30% of restaurants and bars have shut permanently, unable to withstand the five-month-long cash burn on account of the widespread shutdowns, brands that…
bubmag
December 13, 2020
World War 3 fears SOAR as India-China relations labelled ‘most difficult’ in 30 years China's Social Credit System

World War 3 fears SOAR as India-China relations labelled ‘most difficult’ in 30 years

Express. Home of the Daily and Sunday Express. CHINA and India have been in a standoff over the Himalayan region of Ladakh since June as tensions continue to rise in what has been called "the most difficult phase" in decades.PUBLISHED: 01:24, Sat, Dec 12, 2020 | UPDATED: 01:24, Sat, Dec…
bubmag
December 12, 2020