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China’s Social Credit System

China’s work culture and demanding bosses challenged by two labour disputes, sparking huge internet discussion about workers’ rights China's Social Credit System

China’s work culture and demanding bosses challenged by two labour disputes, sparking huge internet discussion about workers’ rights

Recently, a man was sacked for visiting his dying father, and a woman dismissed for not practising a dance for an annual party after work hours These cases have sparked a massive online debate about working conditions in China Published: 7:15am, 28 Jan, 2021 Updated: 7:33am, 28 Jan, 2021 Read…
bubmag
January 28, 2021
China’s cherry sales suffer ‘devastating blow’ after reports of coronavirus contamination scare consumers China's Social Credit System

China’s cherry sales suffer ‘devastating blow’ after reports of coronavirus contamination scare consumers

Positive coronavirus test in Jiangsu province threatens nationwide cherry sales during peak season ahead of Lunar New Year holiday, when cherries are given as gifts Origin of contaminated cherries not disclosed, but Chilean authorities have sprung into damage-control mode, splashing out US$1.5 million to tell Chinese that its crucial export…
bubmag
January 27, 2021
Faraday Future in Funding Talks with Geely, Evergrande to Push EV Production in China China's Social Credit System

Faraday Future in Funding Talks with Geely, Evergrande to Push EV Production in China

Faraday Future will reportedly open a new plant in China and enlist automaker Geely to provide contract manufacturing services. (Source: Faraday Future) Electric vehicle startup Faraday Future is ramping up efforts to launch its fully electric vehicles in China and seeking a new round of financing, according to multiple reports.…
bubmag
January 27, 2021
Joe Biden’s commerce secretary pick backs tariffs and export limits against Chinese firms China's Social Credit System

Joe Biden’s commerce secretary pick backs tariffs and export limits against Chinese firms

‘I intend to use all those tools to the fullest extent possible,’ Gina Raimondo, the governor of Rhode Island, says at confirmation hearing She holds off committing to maintaining current sanctions against Huawei Technologies Robert Delaney in Washington Published: 2:18am, 27 Jan, 2021 Updated: 5:48am, 27 Jan, 2021 Read More
bubmag
January 26, 2021
Biden’s Commerce Nominee Seeks ‘Aggressive’ Steps Against China China's Social Credit System

Biden’s Commerce Nominee Seeks ‘Aggressive’ Steps Against China

No results matched your search Economy8 hours ago (Jan 26, 2021 10:18AM ET) © Bloomberg. Gina Raimondo, governor of Rhode Island, speaks during a panel discussion at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., U.S., on Tuesday, Feb. 13, 2018. Goldman's 10,000 Small Businesses is an investment…
bubmag
January 26, 2021
WeNext bags over $15m and 30 more deal updates from Greater China China's Social Credit System

WeNext bags over $15m and 30 more deal updates from Greater China

WeNext Technology Co., Ltd, a manufacturing industry-focused supply chain service platform, has secured over 100 million yuan ($15 million) in its Series A round jointly led by Chinese automobile manufacturer NIO’s PE arm NIO Capital and return backer CAS Investment Management, per a company statement on Monday.  CAS Investment Management,…
bubmag
January 25, 2021
China’s Huawei said to be in talks to sell smartphone brands P and Mate China's Social Credit System

China’s Huawei said to be in talks to sell smartphone brands P and Mate

China’s Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter said, a move that could see the company eventually exit from the high-end smartphone-making business. The talks between the world’s largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have…
bubmag
January 25, 2021