Tag: China

Thomson Reuters halts employee travel to China and South Korea over coronavirus outbreak

Loknath Das

Media giant Thomson Reuters has canceled non-essential business travel for its employees to mainland China, Hong Kong and South Korea over mounting fears of the deadly coronavirus outbreak, a spokesperson confirmed to CNBC. “Thomson Reuters has halted all non-essential travel to China, Hong Kong and South Korea. All other travel remains under constant review,” the spokesperson said. The parent of Reuters News joins a growing list of major corporations that are halting employee travel due to virus concerns, including Amazon, Facebook and News Corp. The company is headquartered in Ontario, Canada, and has roughly 25,800…

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China theft of technology is biggest law enforcement threat to US, FBI says

Loknath Das

A lamp post outside the White House is adorned with Chinese and US national flags in Washington. Photograph: Jewel Samad/AFP via Getty Images The FBI on Thursday identified China as the biggest law enforcement threat to the United States, and its director said Beijing was seeking to steal American technology by “any means necessary”. The FBI director, Christopher Wray, told a conference the bureau currently had about 1,000 investigations open into Chinese technology theft across its 56 regional offices. The agency’s counterintelligence chief, John Brown, said the bureau arrested 24 people in 2019 in…

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‘Do not travel to China’ because of coronavirus risk, US tells citizens

Loknath Das

Americans shouldn’t travel to China because of the risks from the new coronavirus, the US State Department said. US citizens currently in China should “consider departing using commercial means,” the alert said. Secretary of State Mike Pompeo echoed the warning on Twitter. A Level 4 travel advisory is the most severe warning issued by the State Department, and it applies only to areas with a “greater likelihood of life-threatening risks.” The warning cites a decision earlier today by the World Health Organization to declare the outbreak a global public health emergency. The virus has…

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U.S. And China Technology Conflict—Here’s Why 2020 Is So Critical

Loknath Das

As we approach 2020, the heated technology conflict between the U.S. and China shows no signs of a thaw. U.S. President Trump’s campaign against leading Chinese technology firms—including but not only Huawei—may have grabbed the headlines, but there is also China banning most leading U.S. consumer content-based technologies, Russia architecting its sovereign internet, political pressure on western tech players over international research collaboration. As we approach 2020, a decade and more of ever-tightening technology globalisation looks very much at risk. A key part of the divide is the so-called splinternet or balkanisation of the…

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7 Hottest Online Education Startups in China

Loknath Das

The rapid technology development has greatly impacted people’s lives. Not only has it changed how people shop, pay, or date, it has also changed how people learn. Online education has come to the forefront in recent years. It is estimated that the scale of e-learning users in China will reach 296 million in 2020. Why is online education so popular? Comparing with traditional offline education model, online education has outstanding advantages. E-learning is flexible, convenient, and rich in resources; combining with AI, VR, AR and other technologies, it can better…

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U.S.’s Lighthizer, Mnuchin to travel to China for trade talks: White House

Loknath Das

WASHINGTON (Reuters) – United States Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for the latest round of high-level trade talks scheduled to start on March 28, the White House said in a statement on Saturday. The United States also will receive a Chinese trade delegation led by Vice Premier Liu He for meetings in Washington that are set to begin on April 3, the White House said. President Donald Trump said on Friday the negotiations with China were progressing and a final agreement seemed…

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China bans 23m from buying travel tickets as part of ‘social credit’ system

Loknath Das

Beijing railway station. Local governments and agencies have been piloting aspects of the system. Photograph: Roman Pilipey/EPA China has blocked millions of “discredited” travellers from buying plane or train tickets as part of the country’s controversial “social credit” system aimed at improving the behaviour of citizens. According to the National Public Credit Information Centre, Chinese courts banned would-be travellers from buying flights 17.5 million times by the end of 2018. Citizens placed on black lists for social credit offences were prevented from buying train tickets 5.5 million times. The report released…

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Germany and China plot to turn Frankfurt into EU finance powerhouse after Brexit

Loknath Das

The bilateral pledge came as a result of German Finance Minister Olaf Scholz visiting the Chinese capital this week. Mr Scholz met China’s vice-premier Liu He who promised to take down economic hurdles for German financial institutions interested in doing business in his country. The German minister said he would reciprocate, hoping Chinese banks could be persuaded to open in Frankfurt, the heart of Germany’s finance industry, turning the city into a European powerhouse after Britain leaves the EU. According to German newspaper Suddeutsche Zeitung, the two officials signed three…

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OnePlus 6T to launch in India first, followed by China and Europe

Loknath Das

While we’ll have to wait until the end of the month for the OnePlus 6T to go official, it won’t be much longer after that until we can actually buy one. As we reported earlier, the phone will hit China on November 5 and now we have the launch dates for Europe and India too. India will get it first – Amazon will kick the sales off on November 2 at 12:00pm local time. You can grab an INR 1,000 gift card as a sort of pre-order and you’ll get free Bullet Type-C headphones…

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Your next holiday should be to this ghost town in China

Loknath Das

Blanketed with greenery, the ghost town is perched atop cliffs looking west into sea mists obscuring the horizon. Abandoned homes ravaged by weather and creeping vines stand silent but for the surf, the whine of mosquitos, and birdsong. This is Houtouwan — Back Bay in Mandarin — an abandoned fishing village engulfed by nature on the far eastern island of Shengshan, 90km off the coast of Shanghai. Small groups of tourists on a recent weekend braved muddy footpaths through overgrown lawns to chase foggy photographs and answers to the question:…

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