Facebook has given at least 4 Chinese companies access to user data. One has been flagged by U.S. intelligence as a security threat

https://twitter.com/Breaking911/status/1004140545944489985?s=20 Facebook gave special access to communist Chinese government that allowed them to “retrieve detailed information on both device users and all of their friends — including work and education history, relationship status and likes.” Facebook has data-sharing partnerships with at …

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Why many rich Chinese don’t live in China

by COMPUTER1313 https://www.economist.com/special-report/2018/05/19/why-many-rich-chinese-dont-live-in-china In 2017 more than 46% of Chinese with fortunes between 10m and 200m yuan ($1.3m-26.3m) were thinking of emigrating, according to a survey by Hurun, the research company in Shanghai. In a joint survey with Visas Consulting …

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Central Banks Seem Leery About The Chinese Yuan

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What will finally pull the rug out from under the dollar’s hegemony? The euro? The Chinese yuan? Cryptocurrencies? The Greek drachma? Whatever it will be, and however fervently the death-of-the-dollar folks might wish for it, it’s not happening …

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Once AI lipreading becomes semi-reliable, Chinese will be afraid to even talk about jaywalking — or anything else.

BRAVE NEW MIDDLE KINGDOM: China’s New Frontiers in Dystopian Tech. “Facial-recognition technologies are proliferating, from airports to bathrooms.” Don’t even think about jaywalking in Jinan, the capital of Shandong province. Last year, traffic-management authorities there started using facial recognition to crack down. …

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Chinese Economy To Slow This Year

via Danske Bank The official Chinese PMI manufacturing fell sharply in February from 51.3 to 50.3 (Consensus 51.1). While there could be some distortion due to Chinese New Year, the decline is nevertheless so big that it is still likely to …

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