JPMorgan said in a research note last week that it expected Apple to move about 5 per cent of its iPhone 14 production from late 2022 to India, and that the US tech company would be producing one in four of its devices, including iPads and watches, outside China by 2025.

@KyivIndependent
 
Bloomberg: Europe is ready for winter without Russian gas.  
 
European countries may import almost 40% more liquefied gas in the coming winter year over year, according to Bloomberg.
 
"Those shipments are enough to cover a complete halt in Russian pipeline flows from Oct. 1."

The report, published in the state-backed People’s Daily newspaper, claims the NSA began with a man-in-the-middle attack on the Northwestern Polytechnical University. This is where a hacker intercepts digital communication between two parties. The NSA was able to get into the university’s network, get the credentials of people who worked there, which allowed the U.S. agency to further penetrate the systems, the report alleged.

As part of the attack, the NSA was able to get access to the data of people in China with “sensitive identities” and send that information back to the agency’s headquarters in the U.S., the report alleged.

@macastel3
Today they start to install surveillance cameras at the door of every shop in Shanghai.  
 
Officially is to check that the green code is scanned, but once you have cameras you can use AI for many purposes.
 
This means Covid 0 is not ending soon and who knows what comes next…
 

Pew illustrates how the world has changed its view of China in the past 20 years.  
 
https://www.pewresearch.org/global/ [...] 011z4A5EAI

Alibaba débarque officiellement à Liège Airport et inaugure son premier entrepôt

Cainiao Network, la branche logistique du géant chinois de l'e-commerce Alibaba, a officiellement mis en service son hub européen à Liège Airport ce lundi matin.
 
Après avoir signé un protocole d’accord pour s’installer en Belgique il y a 3 ans, Cainiao, la branche logistique du groupe chinois Alibaba est bel et bien implantée à Liège. Ce premier entrepôt (sur trois), localisé rue Saint-Exupéry à Grâce-Hollogne, s'étend sur environ 33.000 m2 et est divisé en deux parties : une zone de transit rapide de marchandises à l'exportation et à l'importation ainsi qu’un centre de tri.

"Ce sont 220 personnes qui ont directement trouvé un emploi ici", confirme Jean-Luc Crucke. "Dans 3-4 ans, ce sera un peu moins de 1000 personnes qui directement auront un emploi et 3.000 indirectement. Je crois que par les temps qui courent, ce n’est pas le genre de chose pour laquelle on peut dire que cela n’a pas d’importance"

Xi Aide Likely to Be Next Economy Czar Stresses Need for Growth
He Lifeng seen by analysts as front runner to succeed Liu He
He has expressed a more pro-growth stance than his predecessor

Parsing through recent speeches from He Lifeng (pronounced Her-Lee-Fung), he appears to be more pro-growth than his predecessor, with a willingness to boost credit and ramp up infrastructure spending. However, when it comes to real estate, he seems to favor shrinking the market.
 
He, 67, is likely to have “more focus on growth,” than his predecessor, said Victor Shih, associate professor of political science at the University of California San Diego, “which in the short term will be positive for the economy.”

In an article last year, He said increasing economic development was the party’s “number one task” and “the foundation and key to solving all our country’s problems” -- two phrases used by Communist Party leaders in recent decades to signal a growth-first approach to the economy.

But Bloomberg Intelligence estimates it would take about eight years to move just 10% of Apple’s production capacity out of China, where roughly 98% of the company’s iPhones have been made. Scores of local component suppliers -- not to mention modern and efficient transport, communication and electricity supplies -- make it particularly difficult to get out of the world’s second-largest economy.
“With China accounting for 70% of global smartphone manufacturing and leading Chinese vendors accounting for nearly half of global shipments, the region has a well-developed supply chain, which will be tough to replicate -- and one Apple could lose access to if it moves,” BI’s report from analysts Steven Tseng and Woo Jin Ho said.