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3. President Xi Jinping traveled to Russia to satisfy with Vladimir Putin this week. The financial relationship between the 2 international locations has weakened in recent times. (Wall Road Journal $)
4. A 12 months after the China Jap Airways crash that killed 132 individuals, the Chinese language authorities nonetheless doesn’t have a conclusion about what went unsuitable. (Related Press)
5. Jiang Yanyong, the Chinese language physician who uncovered the cover-up of the SARS outbreak in 2003, died on the age of 91. (NPR)
6. Somebody retains chopping the undersea cables connecting a Taiwanese archipelago to the web. Taiwanese authorities blame unintentional harm from Chinese language ships. (Vice)
7. Guo Wengui, a controversial Chinese language billionaire with shut ties to Steve Bannon, was arrested in New York on Wednesday for a $1 billion fraud scheme. (NBC Information)
- “The New Federal State of China,” an entity Guo and Bannon launched in 2020, drastically exaggerated its position in serving to to rescue Ukrainian refugees in 2022 and used it for political promotion. (Mom Jones)
Misplaced in translation
In the course of the first two years of the pandemic, Chinese language insurance coverage firms popularized “covid insurance coverage”—individuals pays a one-time premium of some bucks and get hundreds of {dollars} again in the event that they catch covid. However as journalist Yu Meng wrote within the Chinese language publication Connecting, it may be extraordinarily arduous to get that payout.
Yu purchased covid insurance coverage firstly of 2022 and examined optimistic on an at-home antigen take a look at in December, throughout a nationwide wave of infections after China loosened its pandemic management measures. The insurance coverage firm gave her a quantity to name, however nobody answered. Yu stories there are no less than 60,000 extra individuals who filed a declare with the identical firm. Some referred to as dozens of occasions a day, and a few sued the corporate. Some filed complaints with China’s insurance coverage regulator. However only a few individuals really bought paid ultimately.
At one level when she lastly managed to succeed in the corporate, a buyer consultant informed Yu: “Are you aware what number of claims we’ve got? You suppose the individuals above me haven’t calculated the prices? In fact, they did. It may possibly attain billions and can trigger the corporate to go bankrupt. Do you suppose the state will permit a state-owned firm to go bankrupt? Are you able to think about that?” Ultimately, Yu, who had anticipated to get 20,000 RMB ($2,900), accepted 5000 RMB. Her mother and father, who purchased the identical insurance coverage, gave up on getting any a refund.
Yet one more factor
Even youngsters can’t escape the AI craze now. Lately, the native authorities in China’s japanese province Zhejiang introduced it could incorporate extra artificial-intelligence training into the grade college and center college curricula. How intense the teachings shall be remains to be unclear, however I’m questioning: will we come full circle and see Chinese language youngsters utilizing Ernie Bot to do their homework on Ernie Bot?
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