3 minutes estimated reading time
5 Facts of Chinas Post 00s Generation Consumption Habits | Jing Daily – Chinas post 00s generation are more trusting of local brands. The increased confidence and Han nationalism looks down on ‘western worship’. Chinas post 00s generation poses a big challenge for foreign brands and agencies flogging influencer programmes
Teens prefer YouTube, Snapchat, Instagram to Facebook, 2018 Pew survey finds. – not a real issue given Facebook owns Instagram
The White House official Trump says doesn’t exist | South China Morning Post – China’s Ministry of State Security seems to have royally riled a senior Trump advisor when he worked as a journalist
Chinese Æsop: – good reference of Chinese fables and myths
Whether it’s Brexit or Bremain, the UK is in long-term economic decline | South China Morning Post – Either way, the outlook is grim. With or without Brexit, Britain is still an ailing industrial nation. So any short-term relief about Bremain must be blunted by the reality that Britain is stuck in the grip of longer-term economic decline. The shock Brexit vote two years ago simply accelerated the process. The jolt to confidence has ripped a big hole in investment and spending, and started unravelling many of the lifelines propping up the economy. Britain may never fully recover – Hong Kong op-ed on Brexit says a lot about how foreigners are viewing it
China’s yuan gets support from Africa central banks to replace US dollar reserve — Quartz – given China’s acquisition of raw materials from Africa, Chinese government loans and large amount of Chinese goods imported having the yuan as a reserve currency makes sense
Canceling Roseanne wasn’t the only possible decision, but it was the right one. | Slate – I was trying to articulate what has always been so tricky about the reboot, which was the utility of its immorality. Trump voters could watch Roseanne and feel seen, heard, and flattered. It allowed them to imagine themselves, like Roseanne Conner, as smart, tough, funny, and not racist.* And as false and mendacious as this fantasy is, it was, also, perhaps efficacious for our schisming America, a pressure release valve for Trump voters, while also being a relatively nontoxic way for progressives to observe said Trump voters. It was a way for us to see each other without actually having to speak, a way to exist in the same space without having to fight. – I was going to blog about Roseanne but this Slate op-ed nailed it
Tech bubble is larger than in 2000, and the end is coming | CNBC – I’d argue that there has been diminishing innovation and longer term benefits in terms of returns
Яндекс.Станция — мультимедиа-платформа с Алисой внутри – Yandex Station – an Amazon Echo / Alexa analogue for Russia only.
China Flexes its Market Muscle by Demanding Samsung and SK Hynix cut Memory Chip Prices for Huawei & others or else – Patently Apple – Chinese PC makers have been struggling under component cost pressure as Samsung and SK control over 75 percent of global demand as of the first quarter of 2018. China says it wants to ensure “fair competition” in the market, so that no single supplier becomes too dominant and manipulates prices.