Once the darlings of Wall Street and venture capital as recently as the beginning of this year, China’s edtech firms are now wondering if they will be able to remain solvent long enough to see the beginning of the next. In a series of sweeping regulations, the central government has taken a wrecking ball to […]
Lithuania Says Throw Away Chinese Phones Due To Censorship Concerns
Lithuania’s Defense Ministry recommended that consumers avoid buying Chinese mobile phones and advised people to throw away the ones they have now after a government report found the devices had built-in censorship capabilities. From a report: Flagship…
Embattled property firm Evergrande rattles financial markets
Investors worried about Chinese developer draw parallels with 2008 collapse of Lehman BrothersChina’s embattled property developer Evergrande Group has caused concern among investors worldwide. With $300bn (£220bn) owed to its creditors and key debt in…
“they were persuaded by the immediacy of suffering”
“Byzantine Empathy” is a novelette by Ken Liu about virtual reality, moral reasoning, atrocities, institutional philanthropy, geopolitics, and two very determined women at odds with each other. Content note: violence, including harm to children.
‘Betting on a low carbon future’: why China is ending foreign coal investment
Xi Jinping’s promise reflects growing awareness of the climate crisis in China and falling renewable pricesTuesday’s pledge by China’s president, Xi Jinping, to cease building new coal-fired power projects outside the country is welcome news to environ…
Second line of defence: Taiwan’s civilians train to resist invasion
Workshops teach public first aid and prepare them to assist armed forces in event of attack by ChinaOn a quiet workday morning last week, air raid sirens rang out across Taiwan. The eerie wailing horn would be the first warning to the island’s 23.5 mil…
Most Europeans believe US in new cold war with China and Russia – poll
Few view their own country as a direct participant but larger proportion feel EU is part of conflict A majority of Europeans believe a new cold war is under way between the US and its chief geopolitical rivals, China and Russia, according to a report –…
China Vows End To Building Coal-Fired Power Plants Abroad
Chinese President Xi Jinping told the United Nations General Assembly Tuesday that his country “will not build new coal-fired power projects abroad” and plans to boost support for clean energy in developing nations. Axios reports: The pledge, if mainta…
China’s Lehman Brothers Moment?
The New York Times: Angry home buyers are waiting on as many as 1.6 million apartments. Suppliers that sold cement, paint, rebar and copper pipes are owed more than $100 billion in payments. Employees who were strong-armed into lending are panicking no…
China to stop building coal plants in developing nations
President Xi Jinping announces a necessary step to controlling global emissions.