Beijing has announced it’s planning to roll out China’s Social Credit Score (SCS) system across the city by the end of 2020. As outlined on the megacity’s government site, Beijing joins many other Chi… (…
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Beijing to Judge Every Resident Based on Behavior by End of 2020
China’s plan to judge each of its 1.3 billion people based on their social behavior is moving a step closer to reality, with Beijing set to adopt a lifelong points program by 2021 that assigns…
Italian fashion brand D&G sparks fury in China over racist remarks
From a much-anticipated fashion show to a much-anticipated cancellation, Italian fashion brand Dolce and Gabbana only took four days to turn the Chinese market off, due to a controversy over what many … ( read…
Fan Bingbing is cheerleading for China over the South China Sea after the government disappeared her
Actress Fan Bingbing wrote a post touting China’s controversial territorial claims to the South China Sea, in her first appearance on social media since issuing a humiliating apology to Beijing for ev… ( read original…
China’s small businesses are having a hard time getting bank loans
China’s battle to cut debt in its economy has dealt a blow … the SMEs is the lack of proper funding channels at a reasonable market rate to support their business,” he told CNBC on…
Asian shares fall on sign of escalating US-China tensions
SINGAPORE – Asian markets fell on Wednesday after a trade dispute between the U.S. and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. KEEPING SCORE: … (…
Crunch time for Tencent Music’s 2018 $2 billion IPO hopes
HONG KONG (Reuters) – Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year. The streaming music … ( read…
Soybean trade shows resolve of China as it pushes back on U.S. demands
The humble soybean has joined the front lines of the trade war between the United States and China. Since the Sept. 1 start of the 2018-19 market year, the flow of U.S. soybeans to China…
Five takeaways on launching a brand in China
China, the country that often comes with its own set of clichés: different, big, unique. However, I feel it is just diverse and the rules are different. Understanding the market’s idiosyncrasies befor… ( read original…
The Good News Hidden in China’s Slowing Economy
There’s good news hidden in China’s tumbling stock markets and slowing economy. A government bid to curb risky lending, clean up industry, and restrain home prices is holding firm even as growth heads … (…
UPDATE 1-China property developers face new normal: double-digit bond yields
HONG KONG, Nov 20 (Reuters) – Times China Holdings sold a three-year bond in January at a yield of 6.25 percent, now the Chinese property group is having to offer almost double that on a…
Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee
The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed No… ( read original story …)
Beijing To Develop ‘Orwellian’ Plan Of China To Rate Citizens, By 2021
Beijing’s municipal government will assign citizens and firms “personal trustworthiness points” by 2021, state media reported on Tuesday, pioneering China’s controversial plan for a “social credit” sy… ( read original story …)
