Chinese officials are quietly backing away from strict tech-sector rules‚ showing a shift in their hard-line approach. The education-tech industry (which lost about $100-billion after 2021 restrictions) sees first signs of relief‚ as underground tutoring costs keep rising
The governmentʼs tech-related changes include less-strict rules for video-games AI and cross-border data flows. Since late-2020 tech firms lost over $1-trillion in value but now Beijing needs to fix its slow-moving economy: youth jobless numbers dont look good even with new counting methods
The challenge is that no-one can openly say past choices were wrong because Xi Jinping controls everything. The party cant admit mistakes unless theres big political change – like what happened with the zero-covid policy last year when they just started saying the virus wasnt dangerous anymore
The Cyberspace Admin of China (a super-powerful agency thats not very see-through) makes twice as many rules now as it did about 5 years ago. If leaders want to show theyre really changing course they could move some power away from this group
Chinese people trying to enter US through south america has dropped a lot: only 124 people made the dangerous Darién Gap trip in sept-24 compared to ten times more in june. This happened because Ecuador stopped its no-visa rule for Chinese visitors in july
Big cities are stopping Halloween fun (unlike christmas or valentines day) because young people might wear not-allowed costumes. In other news power use went up 7% this year – more than economic growth – but good news is that new power comes from clean sources
Gan Baoʼs father had often brought her food and drink treating her with all the affection he had shown her in life