In today’s rapidly changing world, making informed career and industry choices has never been more crucial. Facing the contemporary challenge of the “employment maze,” young people especially need to consider the potential growth and stability of emerging industries. While technological advancements challenge many traditional sectors, they also pave the way for new opportunities. 10 emerging ...
Shein, the e-commerce giant, was responsible for some of the worst fashion faux pas and quickly became the fast-fashion villain we all love to hate. In addition, the Chinese company is plagued with reports of labor exploitation, appalling working conditions, and environmental abuse. But more publicly, it’s developed a reputation for allegedly stealing designs from ...
Not too long ago, China was ranked among the technologically backward countries, for sure. However, cut to 2021 and the picture is totally different. It seems China may now be leading the world in digitization. It is now among the thriving digital economies of the world with almost 1 billion web users and its e-commerce ...
Thousands of AI (artificial intelligence) bots crawl the Internet every second for purposes that range from collecting pricing information from competing e-commerce retailers to editing Wikipedia pages. And unknown to the average Internet user, there is a secret bot war going on over the Internet, involving the companies that employ such bots and the bots ...
China is rapidly transitioning into a digital society where every aspect of life is being seamlessly integrated with technology. The COVID-19 epidemic this year has only accelerated these digital trends, triggering a sudden boom in the digitization of various areas like shopping, jobs, services, and so on. 5 of the most impactful digital trends shaping ...
Even though the outbreak of COVID-19 has dampened the Chinese economy, experts are hoping for a strong rebound in the coming months. Some say that Chinese consumers will engage in “revenge consumption,” a term that predicts a massive flood of purchases once the COVID-19 fears subside. Meanwhile, new business trends in China are emerging that ...
People from several states in the U.S. were recently shocked when they checked their mailboxes — they had received seed packets from China. All 50 states immediately issued warnings against planting the seeds. Many of the seed packets came with false labels that indicated that they were jewelry. The U.S. Department of Agriculture (USDA) has ...
Last month, Chinese President Xi Jinping chaired a meeting on blockchain technology with party members. Predicting that technology to play a key role in the next phase of industrial transformation, Xi asked that the country strengthen research and innovation in the area to gain an advantage over other nations. “Just like the Belt and ...
Baidu, the leading search engine in China, has lost its spot in the list of the top five most valuable companies in the country. A recent surge in stock prices of Pinduoduo enabled the 4-year-old startup to claim the fifth spot in the rankings, pushing Baidu down to sixth. Eclipsing Baidu Pinduoduo is China’s third-largest ...
Though China has a highly repressive government and its people have very little freedom when compared to democratic nations, not everything about China is plain bad or backward. In the fields of business, personal behavior, culture, or anything else, the Chinese easily supersede other regions and cultures in several regards, such as in the growth ...
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