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China’s Social Credit System

Ji Cheng fragrance, Adidas x NoTitle and more: China collabs of the week China's Social Credit System

Ji Cheng fragrance, Adidas x NoTitle and more: China collabs of the week

Turning your attention away from fashion month for a moment, this week’s brand collaborations in China demonstrate how businesses can effectively connect with the mainland’s rising consumer demographic: Gen Z. Adidas Originals has teamed up with Shanghai-based creative agency NoTitle on a clothing capsule including Samba sneakers, while Arch by…
bubmag
September 12, 2023
KOL CherryGun: From Chinese internet sensation to subculture social media expert China's Social Credit System

KOL CherryGun: From Chinese internet sensation to subculture social media expert

* The article by Mos Wu was translated from Mandarin and edited for brevity.  Emerging in the early 2000s as China’s “Queen of Retro,” CherryGun, full name Chen Xingru, has successfully navigated the country’s fast-evolving digital landscape and dynamic pop culture and fashion industries.  An internet sensation, she found success…
bubmag
September 12, 2023
Why there are little investments from China in India despite it being top investment opportunity destination China's Social Credit System

Why there are little investments from China in India despite it being top investment opportunity destination

When solely considering investment opportunities, India is the top destination for Chinese companies, but it falls to 11th place in the overall rank as the most attractive destination when other factors are considered. In an Economist Intelligence Unit (EIU) report published this month, which indexes 80 investment destinations based on…
bubmag
September 12, 2023
Did China’s ‘spy’ infiltrate UK Parliament? China's Social Credit System

Did China’s ‘spy’ infiltrate UK Parliament?

Days after a report came to light that the British police had arrested a parliamentary researcher on suspicion of spying for China, Beijing dismissed the allegations, dubbing them “pure fabrication”. Chinese foreign ministry spokesperson Mao Ning also asked the United Kingdom on Monday (11 September) to “stop spreading false information”.…
bubmag
September 11, 2023
Didi App Sparks 57% Q2 Revenue Surge, 30M+ Daily Orders in June China's Social Credit System

Didi App Sparks 57% Q2 Revenue Surge, 30M+ Daily Orders in June

On September 9th, Didi released its Q2 2023 performance report on its official website. According to the financial report, Didi achieved a total revenue of $6.69 billion in the second quarter, representing a year-on-year growth of 52.6%. The net loss attributable to ordinary shareholders of Didi was $40 million, and…
bubmag
September 11, 2023
McDonald’s and Tesla Launches Cybertruck-Inspired McFlurry Spoon in China China's Social Credit System

McDonald’s and Tesla Launches Cybertruck-Inspired McFlurry Spoon in China

Now, you can add cutlery to the list of Cybertruck-themed products that are available even before Tesla’s truck launches. Tesla’s Chinese branch has teamed up with McDonald’s to make a special set of 50,000 “Cyber Spoons.” These spoons look like the Cybertruck with its sharp design and silver finish. They…
bubmag
September 10, 2023
Venezuela’s Maduro seeks China’s help to join Brics China's Social Credit System

Venezuela’s Maduro seeks China’s help to join Brics

Beijing has advocated for the bloc's expansion to counter western dominanceVenezuela's President Nicolas Maduro shaking hands with Secretary of the Nanshan District Committee of Shenzhen City Huang Xiangyue during a welcoming ceremony in Shenzhen, China on September 9. Miraflores Palace Press Office/AFP Beijing, Sept 10, 2023 (AFP) Sep 10, 2023…
bubmag
September 10, 2023
Pentagon looking to develop ‘fleet’ of AI drones, systems to combat China: report China's Social Credit System

Pentagon looking to develop ‘fleet’ of AI drones, systems to combat China: report

The Pentagon has started to assess the possibility of developing an artificial intelligence (AI)-powered fleet of drones and autonomous systems that officials argue will allow the U.S. to compete with and counter threats from China.  "We’re not at war. We are not seeking to be at war, but we have…
bubmag
September 9, 2023