Shadow Warrior: Quick notes: Buy, borrow, die

Saturday, July 31, 2021

Buy, borrow, die: How the wealthy live off their paper wealth. Wealthy people borrow against their portfolios to avoid selling in a hot market.

China Bans For-Profit School Tutoring: “The out-of-school education industry has been severely hijacked by capital that broke the nature of education as welfare.” Classes for art or music mostly would not fall under the new restrictions. Among other things, they also ban the teaching of foreign curriculums and forbid the hiring of foreign teachers outside of China.

'Amazon bypassing Indian law': Shein was among the prominent Chinese apps banned after face-off in Galwan Valley.. Shein is now making a backdoor entry in India through the Amazon Prime Day sale.

Ending the Amazon marketplace: Amazon's relationship with its third-party sellers has become a major focal point for the company's critics.

German gymnasts' outfits take on sexualisation in sport: "As a little girl I didn't see the tight gym outfits as such a big deal. But when puberty began, when my period came, I began feeling increasingly uncomfortable."

Sexist sports dress codes must take a leaf out of Ancient India

Chinese accuse Indian referee of bias: China’s latest ugly conspiracy theory was refined on Thursday to more specific allegations that Xiao was wronged by Indian referee Deepak Kabra because he wrote a tweet during the 2019 Military World Games in which he said the Chinese team was dominating the competition and “someone should stop them from a clean sweep.”

Sodium-ion batteries China's CATL unveils sodium-ion batteries - quicker charging and greater thermal stability than lithium-ion. 200 Wh/kg.

Why is China smashing its tech industry: Why do Americans equate “tech” with companies like Google, Amazon and Facebook, anyway? Technologies like Facebook and Amazon.com are fundamentally about leisure and consumption. But Chinese leadership have got bigger fish to fry — they have to avenge the Century of Humiliation and claim China’s rightful place in the sun. And so when China’s leaders look at what kind of technologies they want the country’s engineers and entrepreneurs to be spending their effort on, they probably don’t want them spending that effort on stuff that’s just for fun and convenience.

U.S. antitrust action often focuses on strengthening consumer protections, but China’s crackdown is geared toward protecting govt policy. Neither Huawei nor ZTE have been targeted so far. China has outlined sectors it wants to prioritize, including semiconductors and artificial intelligence.

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