Internet loan companies like Prosper are very few in the United States, but in China these companies are too numerous to count. These loan companies are less regulated in China, and so the growth of the Internet loan sector is incredible. Basically, these less regulated Internet loan companies are responsible for at least 12,000 startups every day in China. Sometimes, it takes as fewer than few minutes to find the funding for a loan. Some loans can also go up to millions of dollars. The risks for these loans are there even though the Internet loan companies are doing fine at the moment. Nonetheless, as we all know the world is full of uncertainties, and so risks are risks. Sometimes, scam could be created from scammers who target loan companies to bilk out money from everyday investors. In short, these Internet loan companies rely on Chinese citizens’ greed to provide the funds for both new and old, big and small businesses. Some struggling businesses, whether they’re big or small, got a second chance through these Internet loans, because traditional banks couldn’t handle the appetite for such risks. Anyway, check out the video after the break to see the details on how Internet loan companies in China are growing. Enjoy!
Fearless man pulls tiger’s tail in Southwest China. I think it’s super dangerous, because powerful animals such as tiger can kill a man easily if the moment presents an opportunity for danger. Nonetheless, I wonder how the man in the video feels so confident to be around a tiger in such close vicinity. Now I’m guessing the man is either a zoo keeper which has trained the tiger somehow or he is a pure fool, but a brave one who does not know how to feel danger. Anyway, it’s kind of cool to see the tiger just let the man pulls on its tail without gnawing the man to pieces. Check out the video right after the break. Enjoy!
On the day of Chinese New Year’s Lantern Festival in Guangzhou, China (2017), people got to witness 1,000 drones lit up Guangzhou’s night sky with various beautiful colors. The drones were synched up in different patterns that got purposeful meaning to the Chinese people. According to Chinese news services, the 1,000 drones performance just set a Guinness World Record since thus far it’s a biggest number of drones in the sky at once. What is amazing is that none of these drones was crashing into each other, and so the automation of fly patterns for drones is definitely ready for prime time. Don’t you think the future will be involving with more of drones that behave as if fireworks have gone off in the dark but beautiful night sky? Perhaps, the prediction of automation will come true in regarding to putting firework business out of business? In summary, these swarm formations of drone performance might be more fashionable and future proof than firework… but by witnessing how drones got to be so automated is making us worry for our future. We may worry how futuristic AI’s automation will put hundreds if not thousands of outdated, typical human jobs and businesses out of service. If I’m not wrong, I think Chinese Lantern Festival is usually celebrated on the last day of Chinese New Year. This year is all about the roosters, and so eat more chicken! Check out the drone synch performance of 1,000 drones in Chinese New Year night sky in the video right after the break. Enjoy!
In a time when there are forces within various countries calling for more protectionism, China’s president Xi Jinping addresses the World Economic Forum in Davos for the very first time to encourage for even more globalization. Mr. Xi Jinping describes protectionism is like locking oneself in a dark room where wind and rain may be kept out, but light and air are also going to be kept out. Since China has had success with opening up to the world since China joined WTO (World Trade Organization), and so China sees that opening up is a good thing. Of course, Mr. Xi Jinping also recognizes globalization is also a double edge sword, because in an optimistic world globalization can boost trade and profits, but in a pessimistic world globalization can cut off trades and market accesses. Anyhow, Mr. Xi Jinping is the first Chinese president to address WEF in Davos, and his detailed speech is in the video right after the break. Enjoy!
In a democracy like the United States, a leader who got too many baggages like Hillary Clinton, you lose, because the United States loves the underdog. In authoritarian state such as in China, a leader can win according to how specialize and how large the experience he or she has. I think Hillary Clinton lost the White House to president elect Donald Trump, because she represents a dynasty. The people in the United States are always looking out for fresher ideas that may give them hope, and president elect Donald Trump is definitely something that a majority people of the United States are going for. Of course, it’s hard to say how well would president elect Donald Trump run against someone else. It’s now clear that Hillary Clinton isn’t going to be the next president as she represents the Clinton dynasty.
Before Donald Trump is a clear known winner of the presidential election, a lot people were and probably still are against him. Will he be able to bring those people onto his side in the coming years? If president elect Donald Trump won’t be able to bring the oppositions to work with him, we may very well have another four or eight years of divisions within the United States. Since the United States is a home to so many different groups of ethnicities and cultures, I fear divisions within will bring down the United States even more. I hope that our next president will be able to unite the people so the United States won’t degrade. After all, what people need most are security and wealth building opportunities, because these things will improve people lives.
China is continuing to expand her space program, and so it’s not a surprise to see China just launches a new crewed space mission from Shenzhou. This mission is known as Shenzhou-11. It seems that this time the two astronauts of this new space mission will try to stay in space longer than any other Chinese astronaut had done before. Basically, this is another step for China to do trial and error test experimentation in her ambition to have a more complete, permanent space station in 2020.