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Cannot Imagine: China Starts “Debt Shaming”: New App Warns Users if They Are Walking Near Someone in Debt…

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Authorities in the northern Chinese province of Hebei have rolled out an app over WeChat which can tell people if they’re walking near someone in debt, according to China Daily. The program, aptly named “map of deadbeat debtors,” flashes a warning if someone in debt is within a 500-meter radius – showing their exact location according to a screenshot […]

China Confirms Scientist Genetically Engineered Babies–And More on the Way…

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Government investigators have confirmed a Chinese scientist’s claim of creating the world’s first genetically engineered babies, as well as the existence of a second pregnancy with a gene-edited embryo. Back in November, scientist He Jiankui captured international attention when he claimed to have used the gene-editing tool CRISPR/Cas-9 to alter two embryos. He maintained that […]

China Sentences Canadian to Death, Raises Diplomatic Tension…

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A Chinese court sentenced a Canadian man to death Monday in a sudden retrial in a drug smuggling case that is likely to escalate tensions between the countries over the arrest of a top Chinese technology executive. The court in northeastern Liaoning province announced that it had given Robert Lloyd Schellenberg the death penalty after […]

Credit Suisse: China Has a Lot More to Lose Than the U.S. in Trade War…

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The possibility that the United States and China are closer to resolving their trade dispute has stoked optimism among investors. But insufficient attention may be being paid to what happens if no deal is struck, according to John Woods, Credit Suisse’s chief investment officer for Asia-Pacific. No deal would be “profoundly negative”. It would be […]

Poland Detains Employee of Chinese Tech Giant Huawei on Spying Charges…

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Polish authorities detained and charged an employee of Chinese tech giant Huawei with spying on behalf of China, amid growing global concerns the company is tied to Chinese intelligence agencies. The arrest of Huawei’s local sales director in Poland comes a month after the company’s chief financial officer was detained in Canada at the U.S. […]

Chinese Money Flees Silicon Valley as Trump Clamps Down on Access to U.S. Tech…

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Thanks to new policies from the Trump administration aimed at cracking down at Beijing’s access to strategic US technologies, China has all but halted investments in US-based tech startups, according to Reuters.  Venture funding out of China peaked last year at a record $3 billion according to the Rhodium Group, a New York economic research firm. […]

Bank of England Boss: China’s Renminbi Will Rival the Dollar as Global Reserve Currency…

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The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial tool, and those who are turning their back on the greenback. Global tensions caused by economic sanctions and trade conflicts triggered by Washington have forced targeted countries […]

U.S., China Eye Higher-Level Talks After Discussing Tech Transfer…

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U.S. and Chinese officials are working on arrangements for higher-level trade talks after mid-level officials this week discussed U.S. demands on issues that would require structural change in China to address such as intellectual property theft, forced technology transfers and other non-tariff barriers. People familiar with the three days of talks in Beijing said hopes […]

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