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China’s Social Credit System

Live-streaming E-commerce Drives Singles Day Sales, Prompts Surge in Job Seekers China's Social Credit System

Live-streaming E-commerce Drives Singles Day Sales, Prompts Surge in Job Seekers

Li Jiaqi, who has 40 million fans on DouYin, applies lipstick during a live-stream session. Chinese brands have adopted live streaming as a new major marketing channel to push sales during the pandemic. (Source: China Daily) China’s live-streaming boom has driven job seekers to grab their share of the pie,…
bubmag
November 12, 2020
US aide warns Brazil, without evidence, of Huawei 5G ‘Big Brother’ surveillance China's Social Credit System

US aide warns Brazil, without evidence, of Huawei 5G ‘Big Brother’ surveillance

Business A smartphone with the Huawei and 5G network logo is seen on a PC motherboard in this illustration picture taken Jan 29, 2020. (Photo: REUTERS/Dado Ruvic) 12 Nov 2020 01:30AM(Updated: 12 Nov 2020 03:54AM) BRASILIA: A US official said on Wednesday (Nov 11) that Chinese surveillance of the world through 5G…
bubmag
November 11, 2020
Alibaba’s China Singles Day Sales Dwarf Amazon Record, but New Antitrust Rules Loom China's Social Credit System

Alibaba’s China Singles Day Sales Dwarf Amazon Record, but New Antitrust Rules Loom

China's Singles Day sales have eclipsed Amazon's Cyber Monday record, ratcheting up $70 billion for the annual event by Wednesday morning.Launched in 2009, the shopping extravaganza is held in November each year. It was originally billed by e-commerce giant Alibaba as an antidote to Valentine's Day. In its first iteration…
bubmag
November 11, 2020
Why has China avoided congratulating Biden on his election victory? China's Social Credit System

Why has China avoided congratulating Biden on his election victory?

Rejoining the Paris climate accords Reversing the withdrawal from the World Health Organization Eswar Prasad, a former head of the International Monetary Fund’s China division, told CNBC that the two countries “might see eye-to-eye” on the two issues of climate change and health care. Everything else appears to be largely speculation at…
bubmag
November 10, 2020
Electric vehicles could comprise almost all new car sales in China by 2035 China's Social Credit System

Electric vehicles could comprise almost all new car sales in China by 2035

Image source: Nio. China’s domestic vehicle industry is racing toward a future dominated by battery-powered cars, based on a technology blueprint (in Chinese) from the Society of Automotive Engineers of China and the Ministry of Industry and Information Technology (MIIT). The road map predicts that new-energy vehicles (NEVs) and hybrid electric…
bubmag
November 10, 2020