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Top related persons:
National Business Daily - 1 Xi Jinping - 1 Farah Master - 1 Angus MacSwan - 1
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HONG KONG South Korea Taiwan Hong Kong Singapore Beijing China Hong
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National Business - 1 Daily - 1 Development Research Center - 1 South - 1 Authorities - 1 Planning - 1 Thomson - 1

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5 mentions found


☆ China's fertility rate drops to record low 1.09 in 2022- state media
  + stars: | 2023-08-15 | by ( ) www.reuters.com   time to read: +2 min
HONG KONG, Aug 15 (Reuters) - China's fertility rate is estimated to have dropped to a record low of 1.09 in 2022, the National Business Daily said on Tuesday, a figure likely to rattle authorities as they try to boost the country's declining number of new births. The state-backed Daily said the figure from China's Population and Development Research Center put it as having the lowest fertility level among countries with a population of more than 100 million. China's fertility rate is already one of the world's lowest alongside South Korea, Taiwan, Hong Kong and Singapore. High childcare costs and having to stop their careers have put many women off having more children or any at all. Gender discrimination and traditional stereotypes of women caring for their children are still widespread throughout the country.
Persons: National Business Daily, Xi Jinping, Farah Master, Angus MacSwan Organizations: National Business, Daily, Development Research Center, South, Authorities, Planning, Thomson Locations: HONG KONG, South Korea, Taiwan, Hong Kong, Singapore, Beijing, China, Hong
☆ A Chinese tech company fired an employee for taking medical 'bed rest' on a tropical island instead of recuperating at home
  + stars: | 2023-04-24 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
A tech company fired a man who spent sick leave on a tropical island, per National Business Daily. A tech company in China fired an employee after he spent his two-week sick leave on a tropical island, according to the country's National Business Daily, or NBD, on April 16. Xu then applied for sick leave for the period from July 18 to July 31. Xu's manager called Xu on August 21 to check where he was during his sick leave. The tech company fired Xu two days later for "fraud and dishonesty" and a labor dispute between the two parties ensued.
☆ China appears to be pulling another U-turn, saying it'll promote the use of AI in daily life just days after reports it blocked ChatGPT
  + stars: | 2023-02-24 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
China said it sees broad potential in the use of AI tech and wants to integrate it into daily life. But that's amid reports China — which controls information tightly — blocked access to ChatGPT. It now wants to integrate the tech into daily life, just days after reports emerged that it had blocked its citizens from accessing viral AI chatbot ChatGPT. Search engine giant Baidu — China's answer to Google — said on Wednesday it plans to launch its own AI chatbot Ernie Bot in March. "AI technology has reached a tipping point and all industries will inevitably go through transformation," Li said in the memo.
☆ ‘Avatar: The Way of Water’ could be a ‘life saver’ for China’s cinemas
  + stars: | 2022-12-16 | by ( Laura He Cheng Cheng | Laura He | Cheng Cheng | ) edition.cnn.com   time to read: +5 min
Hong Kong CNN —James Cameron’s “Avatar: The Way of Water” has premiered in China, 13 years after the original film took the country by storm. A poster of film 'Avatar: The Way of Water' is seen at a cinema on December 11, 2022 in Beijing, China. I immersed myself in the plot and enjoyed an unprecedented audio-visual feast.”Shot in the armThe “Way of Water” is expected to buoy China’s pandemic-depressed box office. By mid-December, China’s box office reached only 28.8 billion yuan ($4.1 billion), down nearly 40% from last year. The “Way of Water” accounted for 80% of screenings scheduled for Friday, the Maoyan data showed.
☆ From Apple to Disney, China's Covid curbs are again hurting business Apple to Disneyland, everyone is suffering under China's draconian Covid curbs
  + stars: | 2022-11-02 | by ( Diksha Madhok | ) edition.cnn.com   time to read: +3 min
New Delhi CNN Business —It has been almost three years since Covid-19 first hit China, but the country’s relentless adherence to lockdowns continues to hobble business and the economy. On Wednesday, authorities imposed a seven-day lockdown of the area that houses China’s biggest iPhone assembly factory, in the central city of Zhengzhou. State media has said that many Foxconn workers are among those walking miles on the highways to escape the factory. On Wednesday, Chinese state media outlet National Business Daily said that electric carmaker Nio (NIO) shut down two factories in the eastern city of Hefei because of Covid curbs. Authorities have ramped up Covid restrictions after Xi’s sweeping power grab at the Communist Party Congress last month, and cases are rising.
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