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Authoritarianism

Articles On: Populism, Mandatory Curriculum, Online Video Games, English Tutors, AmCham, Political Change, Wealth Redistribution, Chinese Media, Anti-Corruption, and Work Culture

via China Global Sharp Power Weekly Alert
Sunday, September 5, 2021

Articles that illuminate the lack of personal freedom and political liberty under the Chinese Communist Party.

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Tencent's messaging platform blocks LGBTQ search terms

via Protocol
Tuesday, August 31, 2021

QQ, the Tencent-owned messaging platform used by over half a billion in China, now blocks search terms like "gay" or "LGBTQ." The software, available on both mobile and PC, allows users to find strangers and public group chats with key words. For other words like "同志 (Chinese slang for gay)," QQ only blocks the search results of group chats. This practice could have started as early as in March 2021, when a Zhihu user posted a screenshot of a similar search result.

by Zeyi Yang

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Investors in Xi’s China face a rude awakening

via Financial Times
Monday, August 30, 2021

In the Financial Times, George Soros warns investors that the crackdown by the Chinese government is real. Global asset managers and benchmark indices have effectively forced hundreds of billions of dollars belonging to US investors into Chinese companies whose corporate governance does not meet a reasonable standard.

by George Soros

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Jude Blanchette on the Enduring Intellectual Puzzle of China

via The Wire China
Sunday, August 29, 2021

James Carter interviews Jude Blanchette about his work which focuses China’s political environment, the workings of the Chinese Communist Party and challenges that researchers face in trying to analyze Xi’s China.

by James Chater

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The Semiconductor Heist Of The Century | Arm China Has Gone Completely Rogue, Operating As An Independent Company With Inhouse IP/R&D

via SemiAnalysis
Friday, August 27, 2021

Blog post by Dylan Patel on the saga of ARM, the UK semiconductor company that entered into a joint venture in the PRC and has had its IP stolen by its Chinese subsidiary which has established itself as an independent company.

by Dylan Patel

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Spies for Hire: China’s New Breed of Hackers Blends Espionage and Entrepreneurship

via The New York Times
Thursday, August 26, 2021

This new group of hackers has made China’s state cyberspying machine stronger, more sophisticated and — for its growing array of government and private-sector targets — more dangerously unpredictable. Chinese hackers with links to the Ministry of State Security demanded ransom in return for not releasing a company’s computer source code, according to an indictment released by the U.S. Department of Justice last year.

by Paul Mozur and Chris Buckley

Featured

How Do Employers Recruit New Workers?

by Steven J. Davis, Claudia Macaluso, Sonya Ravindranath Waddellvia Federal Reserve Bank of Richmond
Friday, September 3, 2021
While data on the number of job openings and hires are readily available, data on how hires happen are less so. The Richmond Fed surveyed employers around the Fifth Federal Reserve District to shed light on how employers recruit new workers.
Analysis and Commentary

To Defeat Adversaries In Cyberspace, America Must Go On Offense

by John Yoo, Ivana Stradnervia The New York Post
Thursday, September 2, 2021
Following our humiliating Afghanistan retreat, America’s rivals will amplify their assaults on our credibility and defenses. China could attack Taiwan; Russia might further encroach against Ukraine; Iran or North Korea may seek more extortion over their nuclear programs. It’s also possible that adversaries will launch their first jabs where America is most vulnerable: cyberspace.
Featured

ESG Catch 22

by John H. Cochranevia Grumpy Economist
Thursday, September 2, 2021
The point of ESG investing is to lower the stock price and raise the cost of capital of disfavored industries, and therefore slow down their investment. It's a form of boycott. The cost of capital is the expected return. If it works, it raises expected returns of disfavored industries, and lowers the expected return of favored ones.
Federal Reserve
In the News

Raghuram Rajan Fears US Fed's Slow Tapering May Put Central Bank Behind The Curve

quoting Raghuram Rajanvia Live Mint
Thursday, September 2, 2021

The former Reserve Bank of India (RBI) Governor, who has been among the top global critics of the Federal Reserve’s 2013 ‘taper tantrum’ is now worried that the US Fed could fall behind the curve as it gradually removes Covid-era monetary stimulus.

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