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China’s Social Credit System

Italian businessman loses €1m to scammers using AI-generated voice China's Social Credit System

Italian businessman loses €1m to scammers using AI-generated voice

The representational image shows an AI (Artificial Intelligence) sign at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 6, 2023. — Reuters MILAN: A leading Italian businessman has been swindled out of nearly €1 million (£870,000) in an elaborate scam that used artificial intelligence to clone the voice…
bubmag
February 12, 2025
Elon Musk’s Tesla sees 11.5% sales drop in China as rival BYD races ahead China's Social Credit System

Elon Musk’s Tesla sees 11.5% sales drop in China as rival BYD races ahead

Synopsis Tesla has seen a drop in sales in France and Germany as well. In California, the company recorded its fifth consecutive quarterly decline. Shares of Elon Musk’s Tesla fell 1.5 per cent in premarket trading after sales data from China revealed a 11.5 per cent drop in electric vehicle…
bubmag
February 7, 2025
2 obscure clean energy metals are caught in the crosshairs of the US-China trade war China's Social Credit System

2 obscure clean energy metals are caught in the crosshairs of the US-China trade war

In the summer of 2023, Vasileios Tsianos, the vice president of corporate development at Neo Performance Materials, started getting calls from government officials on both sides of the Atlantic. Within the world of industrial material manufacturing, Neo is best known for making rare earth magnets, used in everything from home…
bubmag
February 7, 2025
Asia Pacific, excluding China’s, Hotel Pipeline Demonstrates Record-High Project & Room Counts China's Social Credit System

Asia Pacific, excluding China’s, Hotel Pipeline Demonstrates Record-High Project & Room Counts

According to the recent Construction Pipeline Trend Report by Lodging Econometrics (LE), the Asia Pacific, excluding China (APEC), hotel construction pipeline hit an all-time high at the Q4 2024 close, climbing 5% year-over-year (YOY) to reach record counts of 2,085 projects/412,358 rooms. At the close of the quarter, projects under…
bubmag
February 7, 2025
White House monitoring China’s complaint on Trump tariffs at WTO China's Social Credit System

White House monitoring China’s complaint on Trump tariffs at WTO

white house —  The White House on Thursday said it was monitoring a complaint by China to the World Trade Organization that accuses the United States of making “unfounded and false allegations” about China’s role in the fentanyl trade to justify tariffs on Chinese products. The complaint was made Wednesday,…
bubmag
February 7, 2025