China simply established National Data Administration to mine information for financial development

3. Numerous Baidu workers are working all the time and obtaining computer system chips from other departments to prepare for the launch of Ernie Bot, Baidu’s response to ChatGPT, this coming Thursday. ( Wall Street Journal $)

4. Shou Zi Chew, TikTok’s CEO, has actually looked for closed-door conferences with a minimum of half a lots legislators in Washington, DC. He is arranged to appear prior to a congressional hearing concerning personal privacy and nationwide security issues about TikTok later on this month. ( Forbes $)

5. China might manage 32% of the world’s lithium mining capability by 2025, the financial investment bank UBS AG approximates. ( Bloomberg $)

6. China reappointed Yi Gang as the head of the reserve bank, indicating connection in its financial policies. ( AP)

7. The ” 996″ overwork culture in China, accepted by tech business a couple of years back, is not disappearing quickly. An executive at a Chinese automobile business just recently asked its legal department to determine “how to prevent legal dangers” in asking workers to deal with Saturdays. ( Sixth Tone)

Lost in translation

In main China, a young business owner is reimagining retirement community by teaching the senior locals how to play e-sports. As Chinese video gaming publication ChuApp reports, Fan Jinlin, a 25-year-old in Henan province, took control of his household’s retirement community organization after college. He began producing video material about the lives of the locals and rapidly brought in countless fans on Douyin, the Chinese variation of TikTok.

In February 2022, he started constructing an e-sports space in his 5th retirement community and recruiting senior citizens who have an interest in computer game. Zhang Fengqin, a 68-year-old retired teller, is among them. She saw the news on Douyin and used. Quickly, she grew from somebody who didn’t even understand how to utilize a mouse to a competent gamer of Teamfight Methods, a popular video game that does not need fast reflexes as much as tactical thinking. Eventually, Fan wishes to develop an expert group to play in competitions, however to accomplish that, he would require a minimum of 7 individuals like Zhang. Today he just has 3.

Another thing

The number 2,952 has actually vanished from China’s social networks platform Weibo. Why? Due To The Fact That President Xi Jinping extended his guideline for another 5 years recently, having actually gotten 2,952 votes authorizing the extension– with no opposed and no staying away– in China’s ritualistic legal body, the National Individuals’s Congress. While everybody understood Xi would get a 3rd term, the truth that there was not a single opposition vote still got individuals discussing how meaningless the treatment was. Simply a couple of days later on, Weibo obstructed search engine result on the number.

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