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☆ The 4 most important steps I took to build a multimillion dollar business on my own in two years
  + stars: | 2022-11-29 | by ( Luisa Zhou | ) www.businessinsider.com   time to read: +4 min
So when I decided to start a business with the goal of ultimately leaving my job, I made myself a promise: I was going to make it count. Within less than a year, I'd built my business to over a million dollars in sales and have since continued to grow my business year over year. Here are the four most important steps I took to make it happen. My first online business was doing digital advertising consulting for business owners using skills from my job. Through asking small business owners where they spent their time online, I realized that my potential clients were in Facebook groups.
☆ China sees protests against COVID curbs
  + stars: | 2022-11-28 | by ( ) www.reuters.com   time to read: +10 min
CHINA PROTESTS Fire deaths fuel COVID lockdown fury How the protests gained momentumProtests have flared in several cities in mainland China in recent days, in a wave of civil disobedience unprecedented since President Xi Jinping assumed power a decade ago. Protests reported across China Protest mapAlthough the demonstrations in recent days are thousands of miles apart, they share elements in common. Video shows crowds topple police barricades in the street to protest against COVID curbs in China’s Guangzhou Crowds topple police barricades in the street to protest against COVID curbs in Guangzhou, China. Nov. 25 – Urumqi protests Crowds took to the streets at night in Urumqi, chanting "End the lockdown!" Video shows people in China’s Xinjiang protesting against COVID lockdown measures in China Protests against COVID lockdown measures in China's XinjiangIn the capital, Beijing, some 2,700 km (1,678 miles) to the east, some residents under lockdown staged small-scale protests or confronted local officials over movement restrictions.
☆ China reaffirms zero-COVID stance, city of Guangzhou on edge
  + stars: | 2022-11-10 | by ( Tony Munroe | ) www.reuters.com   time to read: +5 min
[1/3] A boy gets tested for the coronavirus disease (COVID-19) at a nucleic acid testing site, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, November 9, 2022. "As things stand, it is hard to tell whether Guangzhou will repeat the experience of Shanghai in spring this year. If Guangzhou repeats what Shanghai did in spring, it will lead to a new round of pessimism on China," Nomura analysts wrote in a Thursday note. Mason Long, who works for a Guangzhou gaming company, said some residents were bracing for a lockdown, with many leaving the city or planning to. BE MORE TARGETEDIn Beijing, residents of some areas have been asked to get COVID tests every day this week.
☆ Covid outbreak worsens in southern Chinese city of Guangzhou
  + stars: | 2022-11-10 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +1 min
Guangzhou city in the southern province of Guangdong is the hardest hit in the latest Covid outbreak. BEIJING — Covid infections are surging in the capital of China's export-heavy Guangdong province, raising concerns of another drag on the national economy. Schools in eight of 11 districts in the city of Guangzhou moved classes online for most students as of Thursday. "If Guangzhou repeats what Shanghai did in spring, it will lead to a new round of pessimism on China." State-owned automaker GAC Group said its manufacturers in Guangzhou were operating normally as of Thursday morning.
☆ China's Guangzhou city brings back mass testing to fight worst COVID outbreak
  + stars: | 2022-11-09 | by ( Liz Lee Bernard Orr | Liz Lee | Bernard Orr | ) www.reuters.com   time to read: +4 min
The districts in Guangzhou subject to mass testing this week include Haizhu, which has seen the bulk of the city's cases. Lily Li, a Guangzhou resident, said the outbreak in the city had worsened in the past two days, having spread to Tianhe, just north of Haizhu. While COVID cases in China are small by global standards, the policy response has been relentless and mass testing for large populations has been the norm since 2020. Mass testing is generally free, but some local governments are resuming charges for tests as their finances come under strain amid a slowing economy. A COVID testing company in Xuchang, a city in Henan province, said on Tuesday they would stop all testing-related work from Friday due to late payments from authorities.
☆ China's Kuaishou says state broadcaster has no veto on decisions
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: 1 min
BEIJING, Nov 9 (Reuters) - China's Kuaishou (1024.HK) dismissed as untrue on Wednesday what it called "online rumours" that a state broadcaster would be able to veto its business decisions after having taken a stake in its Beijing unit. The short video platform said the state-owned broadcaster, the Beijing Radio and Television Station, had only taken an equity stake in one of its Chinese units and the deal did not affect the parent company. The Beijing unit was cooperating with the broadcaster on content-related matters, it added. On Sunday, the Information reported the broadcaster's recent acquisition of an equity stake in Kuaishou's domestic business. Reporting by Yingzhi Yang and Brenda Goh; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.
☆ Guangzhou's COVID outbreak deepens as more lockdowns loom in China
  + stars: | 2022-11-08 | by ( ) www.reuters.com   time to read: +3 min
The increase was modest by global standards but significant for China, where outbreaks are quickly tackled when they surface. Guangzhou, capital of Guangdong province, reported 2,377 new local cases for Nov. 7, up from 1,971 the previous day. "The lockdown situation has continued to deteriorate quickly across the country over the past week, with our in-house China COVID lockdown index rising to 12.2% of China's total GDP from 9.5% last Monday," Nomura wrote in a note on Monday. "We continue to believe that, while Beijing may fine-tune some of its COVID measures in coming weeks, those fine-tuning measures could be more than offset by local officials' tightening of the zero-COVID strategy." In the southwest metropolis of Chongqing, the city reported 281 new local cases, more than doubling from 120 a day earlier.
☆ Apple iPhone production will not be badly affected by Zhengzhou's Covid situation, analyst says
  + stars: | 2022-11-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple iPhone production will not be badly affected by Zhengzhou's Covid situation, analyst saysKirk Yang of Kirkland Capital says that even with potential disruptions from the Covid-19 situation in Zhengzhou, China there is enough stock to meet demand.
☆ TuSimple fires CEO over ties to Chinese firm; exec denies wrongdoing
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +2 min
Oct 31 (Reuters) - Shares of TuSimple Holdings Inc (TSP.O) nearly halved on Monday after the self-driving truck startup said it had removed Chief Executive Xiaodi Hou in connection with the company's ties to a China-backed firm. TuSimple said in a securities filing that an investigation by its board showed some of its employees spent paid hours last year working for Hydron Inc, a startup working on autonomous trucks mostly in China. "It is so unfair to let politics get in the way of the dream we were pursuing together," he said. San Diego, California-based TuSimple has named Ersin Yumer, the vice president of operations, as its interim CEO. The company also said that it had not been able to determine the value of confidential information shared with Hydron.
☆ TuSimple's Hou says he was removed as chair, CEO 'without cause'
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: 1 min
Oct 31 (Reuters) - The former chief executive of self-driving technology company TuSimple (TSP.O), Xiaodi Hou, on Monday confirmed he had been removed as chairman and CEO by the company's board, adding in a WeChat post the move was "without cause." Hou's ouster came after The Wall Street Journal reported the company was being investigated by the FBI, U.S. Securities and Exchange Commission (SEC) and Committee on Foreign Investment about its relationship with China-backed Hydron Inc.Hou described the board's process as "questionable at best," denied any wrongdoing, and said he did not intend to sell shares in the company. Reporting By Kevin Krolicki; editing by Peter Henderson and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
☆ Foxconn says production normal at iPhone plant in China despite COVID curbs
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +1 min
The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuOct 21 (Reuters) - Taiwan electronics manufacturer Foxconn (2317.TW) said on Friday production at its largest iPhone factory remains normal, despite tightening COVID-19 restrictions at the plant in the Chinese city of Zhengzhou this week. "Zhengzhou (plant) still maintains normal production and has little impact (from the situation)," Foxconn told Reuters. The new measures follow Zhengzhou's latest outbreak recording a total of 196 cases since Oct. 8, and come as Foxconn's factory is ramping up production of the latest iPhone 14 models. Register now for FREE unlimited access to Reuters.com RegisterReporting by Beijing newsroom and Juby Babu in Bengaluru; Editing by Jacqueline Wong and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
☆ China's ex-justice minister faces life in jail amid purge of security officials
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +2 min
Fu, 67, was handed a suspended death sentence that will be commuted to life imprisonment after two years, with no possibility of parole, according to state media. Register now for FREE unlimited access to Reuters.com RegisterIn July, Fu admitted accepting bribes exceeding 117 million yuan ($16.50 million). On Wednesday, three former police chiefs of Shanghai, Chongqing and Shanxi province were sentenced to years in jail - including one for life - for corruption. The purges came three weeks ahead of a once-in-five-years congress of the ruling Communist Party where Xi is widely expected to secure a precedent-breaking third term as China's leader. ($1=7.0896 Chinese yuan)Register now for FREE unlimited access to Reuters.com RegisterReporting by Ryan Woo; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.
☆ Here are the 4 most important steps I took to build a multimillion dollar business on my own in two years
  + stars: | 2020-07-29 | by ( Luisa Zhou | ) www.businessinsider.com   time to read: +4 min
So when I decided to start a business with the goal of ultimately leaving my job, I made myself a promise: I was going to make it count. Within less than a year, I'd built my business to over a million dollars in sales and have since continued to grow my business year over year. Here are the four most important steps I took to make it happen. My first online business was doing digital advertising consulting for business owners using skills from my job. Through asking small business owners where they spent their time online, I realized that my potential clients were in Facebook groups.
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