CHINA SELF MEDIA ACCOUNTS
Modi's Moscow summit with Putin seen as key for ties in China's shadow
No dates have yet been set for the visit, although it has been confirmed by both sides. Indian media said Modi will be in Moscow next week, around the time of a NATO summit in Washington, at which Ukraine will be one of the main issues.
Tesla cars for first time on Chinese government purchase list
Tesla's Model Y has been included in a list of electric and plug-in hybrid models that local governments in China can purchase as service cars. This is the first time Tesla's cars have been eligible for government purchases in China. The Jiangsu provincial government published 56 batches of new energy vehicle procurements for use as service cars by party, government, and public organizations.
PwC names new China head amid regulatory scrutiny
PwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effect from July 1, taking over from Raymund Chao who retired on June 30. The firm came under the Chinese regulatory spotlight earlier this year for its role as the auditor of troubled property company China Evergrande Group.
How Gen Z is retouching the rules of the skincare market in India
These youngsters are far more conscious of what goes on to their skin, compared to millennials and Gen X. They no longer chase basic whitening or moisturising creams. Influenced by social media, the young India have educated themselves on how each active ingredient works on their skin, even at the granular level of being aware of the exact percentage of ingredients used in products.
China's crackdown on 'wealth-flaunting' social media puts pressure on influencers to echo the party line
Chinese regulators crack down on social media influencers flaunting wealth, contrasting with US mental health concerns. The campaign targets extravagant displays, reflecting wider fears of subversive views. Public support for authoritarian measures shapes the crackdown, including pressure on Taiwanese influencers. The effort aligns with China's goal of managing its vast online population under President Xi Jinping's watchful eye.
Slacker generation’s social-media movement against ‘996’ work culture is a warning for Beijing
In response to China's notorious "996" work culture, characterized by grueling 9 am to 9 pm shifts six days a week, a new social media trend called "birding" has emerged. Young Chinese citizens are symbolically rejecting excessive work expectations by posting videos of themselves perched with hands tucked in oversized shirts, digitally placed on tree backgrounds. This protest underscores growing discontent with long hours and poor work-life balance, challenging traditional notions of productivity and national ethos.
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EVs versus pork: China has its hand on a raw nerve of Europe
The escalating trade tensions between Europe and China over electric vehicles have the potential to ignite a new trade war. As Europe imposes tariffs on Chinese EVs, China retaliates by targeting European farmers, particularly in the pork industry. This tit-for-tat strategy threatens to impact various sectors on both sides.
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Industry insiders say both Europe and China have reasons for wanting to strike a deal in the months ahead to de-escalate tensions and avoid the addition of billions of dollars in new costs for Chinese EV makers, as the EU process allows for review.
Counterstrike! China eyes trade war targets across Europe
Trade war: China is preparing to retaliate against the European Union over proposed tariffs on electric cars. Targeted products include brandy from France, pork from Spain, wine primarily from France, and cars from Germany. The potential trade barriers aim to comply with WTO rules but could impact European exporters significantly.
ED raids portal involved in betting on 2024 poll results, illegal IPL broadcast
The Enforcement Directorate has undertaken raids in Mumbai and Pune as part of a money laundering probe against a website accused of illegal activities. The site in question allegedly engaged in online betting on the 2024 Lok Sabha election results and unauthorized broadcasting of IPL cricket matches.
Philippines says troops held weapons but did not point at Chinese coast guard
Philippine troops on a warship in the South China Sea held onto their weapons after a close encounter with Chinese coast guard boats at a disputed shoal.
Threat of bad advice: A more crucial aspect of financial literacy is not just what to do with money, but also what not to do with it
The real pitfalls arise when bad financial products are marketed as good ones, and investors fail to recognise the deceit. If you are saving and investing, encountering such schemes is inevitable; it’s not an exception, but certainty. Thus, a more crucial aspect of financial literacy is not just what to do with money, but also what not to do with it.
Donald Trump joins the TikTok video platform he once sought to ban
Politico, which first reported the news, said he posted a launch video on his account on Saturday night. The video showed Trump greeting fans at an Ultimate Fighting Championship fight in Newark, New Jersey.
Meta says generative AI deception held in check — for now
Social media giant Meta says its bid to thwart coordinated disinformation campaigns created through ever-improving generative AI is working, despite widespread concerns. Meta said it had seen "threat actors" put AI to work to create bogus photos, videos, and text, but no realistic imagery of politicians, according to the report.
Luxury influencers vanish from Chinese social media in wealth crackdown
Chinese social media censors have blocked multiple influencers known for showing off their lavish lifestyles after an official campaign to curb displays of ostentatious wealth online was announced. China's internet watchdog in April launched the "Clear and Bright" campaign to remove undesirable content from social media, vowing to crack down on influencers who created "ostentatious personas to cater to vulgar needs, and deliberately display extravagant lifestyles filled with money".
When AI becomes boyfriend: This Chinese woman's romance with ChatGPT chatbot will bring flashbacks of the movie ‘Her’
Lisa's story unfolds like a modern-day fairytale as she shares her journey of falling in love with ChatGPT's DAN, a chatbot. Their interactions, reminiscent of the movie 'Her', blur the lines between human emotions and artificial intelligence. From intimate conversations to virtual beachside dates, Lisa's experience challenges conventional notions of love in the digital age, highlighting the evolving relationship dynamics between humans and AI.
India, China have agreed to cooperate in paying in local currency for imports: Maldives
Maldives' Economic Development Minister Mohamed Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee.
Take these 6 steps to deliver results consistently in your job and career
The only skill you need to charge up your job and career is the ability to deliver results consistently. Devashish Chakravarty explains how to achieve this.
Industry asked to name items from areas where India can be self-reliant
The fact that India's exports between April and January of FY24 were $3.7 billion and its imports, primarily from Russia's crude oil imports, were $51.7 billion, is what worries New Delhi. Additionally, the bloc has free trade agreements with Iran, China, Vietnam, and Serbia; these agreements may have an effect on the competitiveness of Indian industry in any of the EAEU markets.
China backing Elon Musk on full self-driving revs up Tesla shares
Prior to Monday's share price jump, Tesla shares had lost about a third of their value this year as concerns have grown about its growth trajectory. Key questions remain, however, on whether Tesla can secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles.
What is Tesla's Full Self Driving and why its China rollout matters
Tesla CEO Elon Musk made an unannounced visit to Beijing to discuss the rollout of Full Self-Driving (FSD) software and data transfer permissions. Musk met with Premier Li Qiang, sharing a photo on social media. Tesla cleared regulatory hurdles for FSD in China, potentially boosting competition in the auto market. The move could also help Tesla navigate regulatory challenges and declining EV sales, while aligning with China's push for technological innovation and competition in the autonomous driving sector.
Musk's big win in China: Tesla clears data security, full self driving hurdles for locally-made cars
Tesla CEO Elon Musk's surprise visit to China has proven to be a strategic move yielding significant results. Musk secured a key clearance from Chinese authorities, boosting the EV maker's efforts to revive declining sales and regain trust in the Chinese market, where local automakers like BYD challenge Tesla's dominance. Tesla cars produced in China met essential data security and privacy requirements, allowing Musk to progress in gaining approval for driver-assistance software introduction. Furthermore, a reported deal between Tesla and Baidu for mapping services in China hints at further advancements in the company's operations.
Elon Musk visits China as Tesla seeks self-driving technology rollout
Tesla CEO Elon Musk has visited Beijing to discuss the rollout of Full Self-Driving software and data transfer permissions overseas. The company has not made FSD available in China despite customer requests, and rival Chinese automakers like Xpeng have been attempting to gain an advantage over Tesla by rolling out similar software. Tesla has stored all data collected by its Chinese fleet in Shanghai since 2021, as required by Chinese regulators, and has not transferred any back to the United States.
Brazil judge opens inquiry into Musk after refusal to block accounts on X
Musk, the owner of X and a self-declared free speech absolutist, has challenged a decision by Justice Alexandre de Moraes ordering the blocking of certain accounts. He has said X, formerly known as Twitter, would lift all the restrictions because they were unconstitutional and called on Moraes to resign.
Microsoft says China using AI to sow division in US
China is ramping up use of AI-generated content and fake social media accounts to inflame division in the United States and elsewhere, according to the latest report from Microsoft's threat center. The threat center reported late last year that social media accounts "affiliated" with the Chinese government had used social media accounts to impersonate US voters to influence midterm elections in 2022.
Press Freedom in China: Local authorities stifle state-run CCTV
Last month China Central Television (CCTV) following an incident outlined the role of journalists and their relationship to the public — and what rights they should and do have.
Apple Vision Pro to hit mainland China this year, state media says
Apple Vision Pro will hit the mainland China market this year, Apple chief executive Tim Cook said on Sunday, according to state media.
Meta removes network of thousands of fake accounts based in China
The users pretended to be Americans and attempted to promote divisive content about the US politics and the US-China ties. Abortion, culture war issues, and help to Ukraine were among the topics covered by the network, reports BBC.
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