Beijing has long mistrusted foreign technology companies and the Snowden revelations have exacerbated those concerns.
The fallout from the U.S. spying scandal is starting to take its toll as U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China.
Continue reading… “Fallout from NSA leaks hurting U.S. tech sales in China”
China’s leading e-commerce marketplace.
Taobao, China’s leading e-commerce marketplace, racked up RMB 1 billion ($164 million) in mobile purchases from over 14 million user accounts one hour into China’s annual Single’s Day shopping blitz,
China has highest percentage of self-made billionaires in the world.
China is second only to the U.S. in sheer numbers of billionaires, with 157 billionaires compared to 515 in the states, according to a new report on the number of super-rich around the world.
Continue reading… “89% of China’s super-rich are self-made billionaires”
The market size of Chinese wearable devices could reach $1.87 billion by 2015.
One of the most anticipated digital products, after smartphones and tablets is wearable devices, even though manufacturers still have a long way to go to commercialize them. This anticipation is demonstrated in a report recently released by Baidu with 93.1 percent of the interviewees familiar with the concept of wearables — and 70 percent to 75 percent are willing to purchase one.
Continue reading… “75% of Chinese consumers interested in buying wearables devices”
The motor industry’s fortunes are increasingly divided, but in the right markets and with the right technologies, they look surprisingly bright.
Henry Ford and his engineers perfected the moving assembly line a hundred years ago. They cut the time taken to assemble a Ford Model T from 12 hours and 30 minutes in 1913 to just one hour and 33 minutes the following year. That made the car a lot cheaper to build and opened up a mass market for it. By 1918 its list price was down to $450, or just over 5 months’ pay for the average American worker, against the equivalent of about a year and a half’s pay when the car was launched a decade earlier. Cars became a personal badge of status, and in time carmaking became a badge of national virility.
Continue reading… “Future of the car industry looks surprisingly bright”
Cheap solar is a new trend changing the world.
It’s hard to keep up with what’s going on in the world these days. Some facts are familiar to anyone who reads the news. Unemployment is high. Growth is slow. Shale gas is a big deal. But beyond the headlines, shifts are changing the U.S. economy and reshaping the global financial order. Here are ten that have surprised.
Continue reading… “Top 10 stealth economic trends that are changing the world”
The end of the console ban means that Nintendo, Sony, and Microsoft can now legally sell their systems in the country.
Niko Partners, an Asian games market research firm, predicts a $13.1 billion game market for China in 2013. This is in its China Games Market Mid-Year 2013 Update Bulletin, which includes data and analysis of video game salesfor the country that has recently lifted a long-standing ban on consoles. That’s a 28 percent growth for online PC games compared to 2012 and a 60 percent increase for mobile games revenue.
A high-speed rail station in China.
Less than four years ago when the cavernous rail station for China’s new high-speed trains were nearly deserted when it opened they opened. But, not anymore.
Continue reading… “High-speed rail lines have transformed China”
Surrogacy agencies in both countries say demand has risen rapidly in the last two years.
Rich Chinese couples are hiring American women to serve as surrogates for their children, creating a small but growing business in $120,000 “designer” American babies for China’s elite.
Continue reading… “Wealthy Chinese hire American surrogate mothers to carry ‘designer’ babies”
This is the largest campaign we’ve seen that has been focused on drone technology.
Chines hackers based in Shanghai went after one foreign defense contractor after another, at least 20 in all, for nearly two years. Their target, according to an American cyber security company that monitored the attacks, was the technology behind the United States’ clear lead in military drones.
Continue reading… “China hackers are after U.S. military drone technology”
[youtube]http://www.youtube.com/watch?v=uO5asUTbCR0[/youtube]
A few years ago, a public transit concept from China was making the rounds. It has resurfaced recently in a video that suggests someone is taking it seriously.
Continue reading… “Land Airbus could be coming to China (Video)”
The censors, new college graduates, are ambivalent about deleting posts.
On the outskirts of the Chinese city of Tianjin, in a modern office building. rows of censors sit and stare at computer screens. Their mission: delete any post on Sina Weibo, China’s version of Twitter, deemed offensive or politically unacceptable.
Continue reading… “China’s Little Brothers cleanse online chatter at Sina Weibo’s censorship hub”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.