Dual circulation strategy + more
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China’s inward-facing ‘dual circulation’ strategy leaves many wondering where domestic demand will come from | South China Morning Post – dual circulation faces an uphill struggle. some structural issues. Finances in China are designed to benefit the state and the uber rich. China’s Gini co-efficient shows an astonishing gap between rich and poor. COVID-19 has meant that Chinese consumers have even less money to spend. This means that the domestic demand aspect of the dual circulation strategy won’t work as desired. More on China here.
Forget TikTok. China’s Powerhouse App Is WeChat. – The New York Times – It has even extended Beijing’s reach beyond its borders. When secret police issue threats abroad, they often do so on WeChat. When military researchers working undercover in the United States needed to talk to China’s embassies, they used WeChat, according to court documents. The party coordinates via WeChat with members studying overseas – I loved the descriptor of WeChat as a super filter bubble. I am continually surprised by how nationalistic Chinese friends have become over my nine years using WeChat
Jaron Lanier Thinks Things May Have Gotten Better, or Facebook ‘Might Have Won Already’ – Slashdot – interesting takeouts from an interview with GQ. This wouldn’t have made GQ five years ago, which goes to show how online privacy has become more important to the general public
The True Story of Lee Kuan Yew’s Singapore | Palladium Magazine
The User Always Loses | Hacker News – fascinating Silicon Valley discussion on user-hostile companies
How Did the Internet Get So Bad? | The Nation – “Search strings used to be phrased like ingredients: ‘revolution AND french OR russian NOT american,’” McNeil writes. But in the past two decades, the language and tone of our search queries have become more baroque and confessional. “When I search for information now, I feel like I should add ‘please’ and ‘thank you’ to every request. There is no way around it, talking to the Google search bar like a human generates more relevant results.” This feels anecdotally true; I’ve certainly gotten into the habit of phrasing my searches, as McNeil notes, along the lines of “‘how do i download a printer driver for mac’ rather than ‘download printer driver mac.’” – one of my biggest frustrations is the lack of depth that ‘human language’ search allows versus the previous use of boolean terms
‘Is PR structurally ageist? Sadly, I think it is’ – PR leaders respond to Mark Read’s comments on age | PR Week – when the realisation you’re old hits you in PR, you have six options. You can set up your own shop (if you haven’t already). You can go in-house for breadth. You can run an agency (or help someone run theirs). You can become a functional ‘guru’ (a strategist, for example). You can fully embrace freelance consulting. Or you can go full side hustle and open a gin still
Apple Watch Podcasts App Found to Falsely Inflate Listener Numbers – MacRumors – interesting, I wonder if this will change as we go ‘post-smartphone’?
TikTok ads have pushed scams about apps, diet pills, other products, report says – CNET – to be fair most of Facebook and Instagram ads sourced from Chinese merchants and drop-shippers are just as bad. Given the continued export focus of China’s dual circulation strategy I can’t see TikTok changing this at all
SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally | Financial Times – this almost sounds like a desperate gambler
The Big Tesla Hack: A hacker gained control over the entire fleet, but fortunately he’s a good guy – Electrek – but what happens if its the GRU, the MSS or North Korea who find the next hack?
‘The Man in the White Suit’: What Will We Do When We’ve Nothing to Make? — Jim Carroll’s Blog – Should science pursue innovation that improves people’s lives regardless of the impact it may have on industry and employment? How do we deal with the concentration of capital that results from such disruptive change? How do we accommodate the workers who have lost their jobs? What will we do when we’ve nothing to make?
WePresent | Mong Tong are an ambient psychedelic group from Taipei – Taiwanese krautrock?
Harrods’s bold new bet: Suburbia | Vogue Business – in Essex and Milton Keynes. Surprised at this, I would have thought branches in Singapore and Berlin would make more sense?
Dive action hero: meet the new Rolex Submariner | Financial Times – still the cleanest design of dive watch. The 70-hour power reserve is impressive
Hong Kong cardinal warns priests to ‘watch your language’ in homilies – Catholic Herald – The priest, who asked not to be named because of concerns he could be prosecuted under the National Security Law, told CNA on Tuesday that many local Catholics were dismayed by Cardinal Tong’s actions. “The youth of the Church is for democracy, they simply are,” he told CNA. “They are looking for leadership, and I doubt you would find any Catholic under 35 here who is not angry and does not see the chancery as siding with the people tear-gassing them in the streets.”
A TALE OF TWO NIKE ADS: MARKETING’S UNHEALTHY OBSESSION WITH “INSPIRATION” – BBH Labs – Generally speaking, ordinary folks are just much more chilled out than marketers. They are far less preoccupied with their careers, their personal fitness, keeping up with technology and looking at social media. They look for good deals and use coupons and loyalty programs but they are less likely to consult “expert opinion” before a purchase. They are much more interested in books and literature than they are in business. They are unashamed about their love of television. In fact they just love to be entertained.
‘We May Be Losing The Race’ For AI With China: Bob Work – US defence establishment think that they may be losing the race for AI with China.