Malaysian startup HOMA2u raises US.5mil in pre-series A from Asia Fund X

  • seeks to collaborate with local consultants to analyze the carbon footprint of the supply chain.
  • Says it&nbsp, has &nbsp, repurposed US$ 4.2mil&nbsp, in excess inventories to 8, 000 houses

The HOMA2u team together with ecosystem partners

HOMA2u has raised US$ 1.5 million ( RM7 million ) in its Pre- Series A round. This money will be crucial to the company’s graphite decrease tracking initiatives and its growth beyond its home market, according to a statement from the market for restoration and interior design materials.

Committed to conservation as a primary business drivers, HOMA2u is reinforcing its economic commitment to achieve significant, tangible results. The company will work with regional qualified economic consultants to assess the carbon footprint caused by recycling overstock materials throughout the supply chain. &nbsp,

Importantly, each sale of excess tiles saves about 16.42 pounds of CO2 per m², preventing removal and reducing the need for fresh tile production. According to the company, its coal decline is properly calculated using market standards and best practices. Also, it maintains a thorough and truthful accounting of its carbon footprint, establishes new industry standards, and grants natural certificates to the businesses it collaborates with.

HOMA2u claims that to date, it has repurposed over US$ 4.2 million ( RM20 million ) worth of overstock inventories to more than 8, 000 homes. It set out a goal to keep 7.5 million kg of carbon by the end of the year at the start of 2024.

Pennie Lim, i- founder and CEO of HOMA2u, said,” As HOMA2u commemorates its seven- month journey, it stands at the ledge of a fresh time, driven by innovation and sustainability. Our goal as a business is to reinvent the built environment’s business environment, but we are also aware of the positive influence we bring to the table. She continued,” The company is committed to expanding its offerings into high-growth regions like Taiwan and Japan, where attitudes toward ESG design are remarkably similar.”

She further stated that the company is committed to expanding its offerings beyond Malaysia and Singapore, particularly into high-growth markets like Taiwan and Japan, where attitudes toward Sustainable development are remarkably related.

Through its core online-to-offline marketplace offering of excess and financial renovation and building materials, as well as modern initiatives like its Yellowish Boxes, HOMA2u continues to advance with its local expansion plans. It has begun providing services to the Singapore market from its Johor Bahru department and plans to launch a physical presence there with the launch of its network of jobs and collaborations with well-known gamers in the built environment sector.

Quintessential to its growth strategy has been the create- up of the Pro habitat. With over 1000 inside designers, architects, suppliers, contractors, corporates and several other business players, Pro serves as the program for the community to mingle and profit from HOMA2u’s customized perks and value- adding services centred around its own marketplace offerings.

James Yeoh, co-founder and chief strategy officer of HOMA2u, emphasized the significance of the fundamental technical level generating the price creation, noting that HOMA2U is working on improving its corresponding and recommendation systems based on customer needs and wants. &nbsp,Malaysian startup HOMA2u raises US$1.5mil in pre-series A from Asia Fund X

As we lead the charge of turning waste into valuable resources, he said,” This gives us information about our customers ‘ profiles, allowing us to further refine our value propositions to them.”

HOMA2u claims that it is well positioned as a first adopter to capitalize on growing consumer scrutiny of green building and renovation practices. Round economy mindsets have gained cadence naturally, ahead of regulator attention or duress, so, the company aims to consolidate the new ESG- focused landscape by agglomerating its industry networks, accumulated expertise, tech, and consumer trust.

HOMA2u has continued to advance into traditional industries known as monopolistically competitive or isolated oligopolies, according to Jeffrey Seah ( pic ), general partner at AFX. Sustainability is not merely a competitive advantage, but part of wider industry trends towards a circular economy” .&nbsp,

He added that the success of the business reflects both Lim and Yeoh’s mature business acumen and the size of the present market opportunity. &nbsp,

The company’s true competitive advantage is derived from its foundations, which are synergized with AI-powered data analytics, which are the quintessential characteristics of the digital economy revolution. We look to both co- founders to scale HOMA2u across the region, bolstered by the wider business world’s maturing awareness of ESG”, Seah said.

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What keeps China’s tycoons awake at night – Asia Times

I recently had the chance to reconnect with former colleagues and learn about potential business possibilities in post-Covid China while attending the 40th anniversary meeting of the Tsinghua University School of Economics and Management.

Meetings with local business leaders revealed three urgent needs: expanding internationally, succession planning for home businesses, and asset diversification. These issues are different but inseparably linked, having a significant impact on and strengthening one another.

Growing Abroad

One of the most important changes I’ve noticed is how much Chinese companies are looking to expand internationally.

This upward trend is primarily fueled by the financial downturn in China. Chinese firms, recently material with the huge potential of their house market, are now actively exploring fresh destinations, as private growth rates fall below the strong 6- 8 % seen in the past two decades.

Standard companies, especially labor- and resource-intensive industries like textiles and cheap products, must look for new markets that match the demand profiles of their era as China moves to a different stage of economic growth.

Emerging markets are especially appealing because of their high and growing demand and relatively lower cost outposts in comparison to China. Moreover, the rise in mercantilist measures has prompted Taiwanese firms to modify their supply chains to lessen the impact of stringent taxes.

Leading companies in the Chinese business, such as Huawei and BYD, have been at the frontline of this trend, quickly gaining ground in areas in Southeast Asia, Africa, and Latin America. And then, this trend is even gaining speed among smaller businesses.

As evident in the data, China’s non- financial outbound direct investment ( ODI) came in at US$ 34.2 billion in the first quarter of this year, up 12.5 % from a year earlier and the highest level in eight years.

Most notably, ODI to the Association of Southeast Asian Nations ( ASEAN ) and European Union spiked 36.7 % and 34.5 % year on year, according to the Ministry of Commerce.

Family succession issues

Over the past several decades, China’s rapid financial transformation has resulted in the establishment of numerous family-owned enterprises.

Many of these companies are now aiming to pass the baton to the next generation as the nation celebrates 50 years since the tremendous economic opening.

Foreign business owners are frequently hesitant to cede control to specialized managers, preferring to keep the enterprise in the family. Contrary to their Western counterparts.

A survey of 182 Chinese entrepreneurs revealed that among” creative generation” entrepreneurs with an average age of over 52, 82 % of their children were “unwilling” or” not active” to take over. In light of this circumstance, the emphasis on maintaining community control complicates the transition process.

Take, for example, popular crystal company Fuyao Glass. The company’s dynasty took years to come, with Cao De Wang, the chairman, convinced about handing the ropes to his youngest son, Cao Hui.

Also, Country Garden leader Yang Guoqiang’s son is the eldest child Yang Huiyan, Wahaha creator Zong Qinghou’s successor is the only child Zong Fuli.

Consulting companies like McKinsey and BCG, which have a wealth of experience with European family businesses, encounter distinct difficulties when advising Chinese customers.

A customized approach that respects cultural differences and ensures a smooth move is required because the owners ‘ desire to remain important and their focus on reputation are both required.

Diversifying elsewhere

The growth of property outside of China is the next important trend.

By spreading their assets globally and beyond their home business, business owners are increasingly looking to protect their money. This pattern is influenced by a number of variables.

Second, the current state of the Chinese economy has caused asset prices to rise, leading business owners to look for safer and more robust investment opportunities worldwide.

Their main assets being concentrated in China and the home business, which goes against regular diversification wisdom.

In contrast, geopolitical tensions, especially in the Taiwan Strait, have further fueled this push for growth. Business users in places like Fujian and Zhejiang are especially concerned about possible problems and their financial and business ills.

Finally, some company officials are looking to retire comfortably in lower-cost nations where their money may provide a much higher standard of living without the fierce competition and higher costs that characterize China.

Sleepless corporate nights

Significant strategic adjustments are being made to the Chinese business community in response to domestic and international challenges.

Their current strategies are primarily driven by their desire to expand overseas, navigate complex generational transitions, and diversify assets globally.

The implications of these demands are profound. The rise in Chinese businesses looking to invest and run their operations abroad could result in increased competition as well as new opportunities for partnerships and innovation for global markets.

Understanding these motivations can aid policymakers in developing strategies that attract Chinese investment while keeping domestic interests in mind.

Finally, it will be crucial for consultants and advisors to develop strategies that support Chinese businesses’ successful transitions and expansions in terms of their specific cultural and economic contexts.

The changing needs of the Chinese business community reflect the wider economic and political shifts that are occurring within China and the global economy.

By understanding and addressing these demands, stakeholders from governments, business partners, competitors, bankers to investors can better navigate the complexities of this dynamic landscape.

Kok How Lee has over 15 years of experience in strategic roles at the Singapore MTI, EDB, BHP, and China Fortune Land Development International. He holds an EMBA degree from Tsinghua&nbsp, University and is accredited in business&nbsp, Chinese&nbsp, translation.

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Work It Podcast: Twists and turns of applying for jobs in the age of AI

Here’s an extract from the radio: &nbsp,

Tiffany Ang:
So you were saying, Gerald, that HR has been using this ( Application Tracking System ) system for the longest time, right? Is it more difficult to do it now in the age of Artificial because we have the resources we have at hand? Is it more difficult for people to get that door open? &nbsp,

Gerald Tan:
The ATS has, in my opinion, been active in the hiring industry for a while. However, I must admit that not all businesses make use of them. Usually for smaller firms, they do n’t need the ATS because they can still afford to review the resumes that come, maybe they do n’t get that many applications.

But for big corporations or Businesses, on regular, they get a few hundred programs per job. And across the organisation, thousands of jobs (are ) simultaneously open, looking for people. So that’s why the ATS is brought in to realize that work.

I believe that this ATS technology has demonstrated how adept it is at acquiring more skills. For instance, they are able to supply by crawling. Crawling significance like going to Linked In, looking at women’s information, trying to see who is ideal. &nbsp,

Tiffany Ang:
But they act like a recruiter themselves?

Gerald Tan:
Yes. So it could be done that to purchasing. And of course, the picking, after pulling out some of these patterns, they can form to see which one is better. Additionally, they might be included in primary testing. You might find a website from the business asking,” You you record yourself answering some discussion questions, since those are your first names are so much fun.”

Jia Hui Ong:
Yeah, I’ve experienced that. &nbsp,

Tiffany Ang:
You have? &nbsp,

Jia Hui Ong:
Yeah. I think it was a 30 to 45- second film meeting. But you are facing the cameras and speaking to yourself, in a way. &nbsp,

Tiffany Ang:
But basically it’s AI? AI is the one that’s doing it? Okay. How did it feel to have to go through that, then? &nbsp,

Jia Hui Ong:
Okay, it felt uncomfortable, right? Like speaking to yourself in front of a lens without facing a real person I think human-to-human contact is a little different from simply looking at your cam and talking about yourself. Yeah. So it felt a bit odd. &nbsp,

Gerald Tan:
Yeah, it does n’t quite feel natural, I think. However, those who support this technology frequently claim that it lessens the prejudices of verification because it allows you to look at someone and experience a positive vibe. Only accept what the person is saying.

So the algorithms evaluates for you. So it’s supposed to lessen the discrimination. But the truth is, the prospect is feeling extremely uncomfortable. They may never accomplish. &nbsp,

Tiffany Ang: &nbsp,
Simply. Because they’re not used to it. &nbsp,

Gerald Tan: &nbsp,
Yeah, right. So this is sort of a meat and egg position. So I think on this piece about the movie interviews, it’s here to stay.

Therefore, more job seekers will likely need to be more organized or comfortable speaking at these interviews. There are instruments of course, that may enable individuals to practise recording themselves, seeing themselves, before they attend an exam like this. &nbsp,

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All foreigners arriving in Singapore can now use automated lanes at Changi Airport without prior enrolment

SINGAPORE: All foreigners arriving in Singapore, regardless of nationality, can now use the automated lanes at Changi Airport, the Immigration and Checkpoints Authority ( ICA ) said on Friday ( May 17 ).

Starting this quarter, they can do so without attending for the roads beforehand. They may also, however, be required to send the SG Arrival Card before arriving in Singapore. &nbsp,

Prior to this time, only Singapore people and international tourists from 60 countries were permitted to use these roads to enter the country.

By the end of this year, all departing passengers and returning Singapore residents will be able to provide their documents at the automatic paths at Changi Airport, Seletar Airport, and Marina Bay Cruise Center, according to a media release from ICA.

These activities are expected to reduce immigration certification days at customer halls&nbsp, by about 40 per share, it added. &nbsp,

Singapore “may be the first in the world” to permit all foreigners – including first-time customers – to use automatic lanes without a prior attendance upon appearance and to depart without presenting their documents for immigration certification, according to ICA.

The organization added that its newest automatic border control system, which uses automated lanes and guide counters, has been gradually replaced by those in place at the checkpoints. &nbsp,

As of March, about 600 like doors had been installed at Changi Airport, Marina Bay Cruise Centre Singapore and Singapore’s area roadblocks. &nbsp,

” By earlier 2026, 95 per share of guests will be able to clean immigration via automated paths at our roadblocks”, said ICA. The remaining 5 % are made up of those who are ineligible to use the roads, such as children under the age of six. &nbsp,

Using pre-agreement statistics, ICA can now use this information to assess potential risk profiles of travelers. This is in addition to the risk assessments that ICA officials who are stationed at bars conduct.

According to the organization, those who have been flagged for safety or emigration risks will go through a second evaluation by ICA officers. &nbsp,

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Can’t blame all Chinese cyberattacks on the government – Asia Times

American universities participating in military studies are targets of cyberattacks by foreign countries, according to the national security agency MI5 in April.

More recently, news broke of a attack against the UK’s Ministry of Defense, which exposed the personal information of 270, 000 military forces staff. China is the primary believe in these problems.

China is frequently depicted as a monolithic object completely dependent on the Chinese Communist Party (CCP). Yet, the reality is more difficult. Foreign patriotic organizations carry out numerous attacks and other forms of digital intervention in China.

Some of these organizations receive funding from the CCP and operate under its course. The 50 Cent Army ( 五毛党 ), for example, is a group that posts pro- CCP messages on social media. Its name is derived from reports that the CCP pays recruits 0.5 % ( US$ 69 ) per post.

But many of these organizations operate freely. Yet Chinese nationalist organizations have engaged in online combat against the CCP’s wants.

The fact that attacks are being launched against the CCP’s orders suggests that China’s patriotic movement is escaping political restraints. This may be a pain for China’s leader, Xi Jinping, as the number of attacks grows.

The nationalist movements in China is very vulnerable to accusations to the country. This is attributable to the careful use of stories about the “century of humiliation,” a time when Chinese nationalism was abused and abused by foreign imperialist powers between around 1839 and 1949.

Chinese nationalists are now protesting what they believe are renewed efforts by international powers to denigrate China. They take action through “online war” against those who they believe pose a danger to China’s objectives.

In 2016, Taiwan elected Tsai Ing- wen, an pro- Beijing prospect, as leader. During and after the election, a group of predominately young, female cyber- nationalists known as the Little Pinks ( 小粉紅 ) waged a “meme war” against Taiwan.

This included thousands of Little Pinks posting pro-Beijing memes to President Tsai’s social media accounts and many Japanese news outlets. The cartoons focused on Taiwan, which China claims is a province of China and not an autonomous nation-state.

Some cyber-nationalist organizations have gone one step farther by engaging in cybercrime. This involves using attacks to target institutions and organizations in order to advance the republican agenda.

An unofficial group of hacktivists, known as the Red Hacker Alliance ( ), launched a denial-of-service attack on CNN, a US media company in 2008. The strike came in response to CNN’s coverage of anti-Beijing demonstrations in Tibet, which China has occupied since 1950. The bank’s site was temporarily absent in some parts of Asia as a result of this.

In another instance, a group known as the Honker Union ( ) launched cyber-attacks against the Philippines in 2014. The Honker Union hacked into the University of the Philippines ‘ site after being threatened with arrest by Chinese fishing in a disputed region of the South China Sea. Hackers posted pro- Taiwanese slogans and a chart showing China’s geographical claims on the school’s blog.

CCP’s political handle

The CCP uses its position as the frontrunner of the Chinese state to justify its regime. However, this emphasis on patriotism has had a significant impact on China’s patriotic movement. By limiting republican activity very much, the CCP is viewed as contradicting its patriotic credentials.

As a result, cyber-nationalists have escaped the CCP’s political handles, such as its ability to direct China’s nationalist movement through propaganda. In doing so, cyber-nationalists undermine the CCP’s authority and occasionally contradict its foreign policy.

Following international condemnation of China’s assault on Hong Kong, the CCP demanded caution from nationalist groups in 2020. Cyber-nationalists, however, continue to conduct an online anti-EU slander campaign. Yet the Communist Youth League, a nationalist firm with proper links to the CCP, took piece against the CCP’s training.

Hacktivists also launched attacks as part of this campaign, including hacking the Chinese embassy in Paris ‘ Twitter bill. The hacktivists posted a photo of the US as Hong Kong’s embodiment of dying.

The US and France both expressed their regrets after the ambassador removed the photo. However, the affair speaks to a CCP that is struggling to control cyber-nationalists who are willing to sabotage the state propaganda equipment in order to do their objectives.

Additionally, there have been hacktivist cyber-attacks against the Chinese government, which typically occur during times of anger with the CCP. One party spread nationalist and anti-CCP messages while recently assuming control of a television system in the southeast area of Wenzhou in 2014. This attack was carried out in protest of Wang Bingzhang‘s arrest as a patriotic activist and democratic dissident.

In 2022, another party hacked into a Shanghai authorities database and leaked 23 terabytes of personal data that the government had gathered as part of its campaign of widespread home surveillance. Eventually, a secret attacker dubbed” ChinaDan” made the information available for sale online.

We assume that Chinese attacks reflect a malignant Chinese state in the West. The reality is more complicated. Growing numbers of cyberattacks reflect a significant regional issue for the CCP, one that highlights the limitations of its political controls, as cyber-nationalists continue to take things into their own hands.

Lewis Eves is Teaching Associate in Politics and International Relations, University of Sheffield

The Conversation has republished this post under a Creative Commons license. Read the original post.

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Why it’s China’s turn now – Asia Times

In the next half of the 20th centuries, macrohistorians like Paul Kennedy, Francis Fukuyama, and Alvin Toffler created’grand stories’ to forecast changes in the coming decades. They covered various aspects of society including philosophy, technologies, religion and culture.

These models were used by macrohistorians to forecast significant historic changes in geopolitics, strength relations, and economics. Interestingly, none of them predicted that China may come as a opponent to US international preeminence.

In the late 20th centuries, fantastic stories fell out of favor. Intellectuals claimed that fantastic or meta-theories neglected the differences between civilizations. Microhistories tended to elicit a Eurocentric view of the world by never acknowledging diverse cultural ideas.

When viewed in a historic context, China’s rise as a global power is less unexpected. For much of recorded history, including the colonial time, China was the world’s largest business, rivaled only by India. The US did not take the top spot until the close of the 19th centuries.

In 2030, China is expected to regain the top position as the world’s largest economy  YouTube Screengrab: https ://www. tube. com/watch? v=4-2nqd6-ZXg

However, some researchers may have predicted the pace at which China’s modernization was quick. The West took two decades to modernize, China did it in less than 50 years. China acted as the world’s stock and a tarantula in the website of the global supply chain as a result. China had come to a halt if it were to be shut down, and the rest of the world do.

China has recently changed from a low-cost consumer goods manufacturer to a cutting-edge producer of electronics and natural tech. Robots and AI have taken the place of cheap labour. A new stock for Xiaomi, formerly a smartphone manufacturer, produces a new electric vehicles every 76 hours, or 40 per minute, without being touched by human hands.

In his international bestseller When China Rules the World: The End of the Western World and the Birth of a New Global Order, American artist Martin Jacques chronicled China’s development. The second significant change to the world’s political and cultural environment in 500 years, according to Jacques, will result from China’s future economic strength.

Jacques argued that China ’s arrival as a significant economic, social, and cultural energy is a traditional inevitability, requiring a adjustment in the American view of the world. He writes:

“There has been an notion by the American popular that there is only one way of being present, especially by adopting Western-style institutions, values, customs and beliefs, such as the rule of law, the free marketplace and political norms.

This, one might add, is a view that is normally held by people and cultures who view themselves as more developed and ‘civilized ’ than others: that those who are lower down on the evolutionary scale must become more like those who are higher up in order to advance. ”

Jaques brought up Fukuyama, who predicted that a new idealism that may embodie the American concepts of the free business and democracy would be the foundation of the post-Cold War world.

Fukuyama, in his 1992 report “The End of History”, argued that Western liberal democracy had won and that all countries in the world, including China, did eventually accept American liberal democracy.

Fukuyama did not anticipate the burgeoning crisis in Western democracies, the West’s partial deindustrialization, the rise in wealth concentrations, or Donald Trump’s election as president of “America First ” in his 1992 writing.

Trump sparked a trade war with China that his successor, Joe Biden, has gotten worse. The cost of the expensive products from China had been a boon for American consumers, but they also came with a price: the deindustrialization of major cities in the country and the loss of millions of jobs.

The trading conflict between the West and China is a repeat of the trading conflict with Japan on a larger scale. Japan decimated the Western automotive and consumer electronics industries in the 1980s. The West realized that Japan had eaten its lunch when it was too late. The Chinese are now ready to eat dinner.

Workers and Merchants

In 2001, US president Bill Clinton gave the green light for China ’s membership of the World Trade Organization ( WTO ), the American-led body that regulates global trade.

China agreed to lower tariffs on non-agricultural goods and take several steps to expand China’s financial sector, including those involving the life insurance and securities sectors.

According to the US government, China would become more politically liberal if its economy were liberalized. Fukuyama’s “End of History ” appeared to give credence to this theory. As it turned out, China liberalized economically but not politically. The Chinese government wished to maintain a tarn between government and business.

The American futurist Larry Taub, author of “The Spiritual Imperative”,   framed the conflict between China and the West in terms of Worker and Merchant, archetypes he adapted from Indian philosophy. Worker and Merchant, together with Scholar and Protector, are four generic categories that form the basis of societies.

The Indian “social-psychological” archetypes emerged after humans transitioned from nomadic, hunter-gatherer life to form communities and cities. Each archetype covers a vital role in a community – teaching, producing, trading, and protecting.

Different psychological profiles and worldviews are present in each of the four archetypes. Workers, in Taub’s model all those who work for a wage or salary, value safety, stability, and solidarity. They are followers, not leaders. Merchants value opportunity, innovation, and freedom. The main concern is generating wealth.  

The four archetypes Taub adapted from Indian philosophy

In Indian philosophy, the four archetypes are in a cyclical struggle, one trying to overcome the other. The Indians used astronomical timescales that spanned millions of years, but Taub contends that the four archetypes can account for both the present and the future.

The current conflict between the West and China is a battle between the Worker and Merchant worldview, according to Taub’s model. China ’s psychological profile most closely resembles the Worker archetype, and the West, especially the US, most closely correlates with the Merchant archetype.

Neoliberalism

According to Taub, the Industrial Revolution’s conflict between the Worker and the Merchant began in the 19th century. The Merchants were demanding better working conditions from the workers. Socialism and communism merged to bring together workers to fight for their rights.

By the 1960s, the Workers had made massive gains, among them a five-day workweek and a social safety net, including healthcare and pensions. Employee unions had developed into powerful structures that could influence government decisions.

A backlash came in the 1970s, with the emergence of neo-liberalism. This reactionary hybrid ideology advocated market-oriented reform such as deregulating capital markets, and privatization of state-owned industries. It was an anachronistic plea for a partial return to the free-for-all environment that persisted in the 19th century.

With support from Merchants, the neoliberal agenda gradually spread into politics. In the 1980s, the neo-conservatives Ronald Reagan and Margaret Thatcher embraced the neoliberal agenda, followed in the 1990s by the “leftist ” Bill Clinton and Tony Blair. They marketed neoliberalism as” The Third Way” to their ignorant supporters. ”

Soon it became clear that neoliberalism did n’t benefit the US as a nation. Millions of Americans left the middle class, and wealth concentration reached levels of the 19th century. In 1970, the US was the world’s largest creditor nation. It is currently the most debated country, while China has grown to be its most popular creditor.

The legacy of Neoliberalism

The US and China’s decision to reverse their roles suggests that traditional Western ideologies are no longer a useful tool for understanding global changes.

ideologies were created in response to social and economic changes. Communism ( like fascism ) was a Worker response to the imperialist Merchant-dominated colonial era. It resembled a liberation theology in terms of secularism.

Ironically, orthodox communism became untenable because it sidelined the Merchants. Neoliberalism fails because it restricts the worker. All of the four archetypes are necessary for a fully functioning society, as the Indian sages pointed out centuries earlier.

Reciprocity

China reintegrated the Merchants into society with the reforms led by Deng Xiaoping in the 1970s, without allowing them to break into the political system. When celebrated billionaire Jack Ma, founder of Alibaba, became too big for his boots, the government put him in his place.

China’s leaders continue to liaise only superficially to communist ideology, but the nation has entered a post-ideological era. Pragmatism has returned as a guiding principle. As Deng famously remarked, it does n’t matter if a cat is black or white, as long as it catches the mouse.

China is currently looking at its own rich cultural and social history to find a way to advance beyond political ideology.  

That does not imply that China has ever ceased to be Chinese. China remained a Confucian nation throughout the revolutionary era of communism and even through the Cultural Revolution’s ideology-driven vandalism.

Confucianism is foundational to Chinese consciousness. It is what distinguishes India from the nation. Confucianism, in turn, was based on the notion of Tao and inspired the development of a key feature of Chinese society: the notion of reciprocity.

Confucius based his social construct on the I Ching, the “bible ” of the yin-yang system. The I Ching is based on the Eight Trigrams, compounded yin-yang symbols denoting eight natural phenomena. The interaction of the Eight Trigrams in Chinese cosmology affected the natural world.

Confucius “appropriated ” the Eight Trigrams for his social construct.

Consucius enlarged the qualities of the Eight Trigrams by including the eight members of a nuclear family. This linked China ’s social structure to the yin-yang principle of nature. The children are a mix of yin and yang, the father is yang, and the mother is yin.

The yin-yang system has a hierarchical dimension, but in the social context, this hierarchy is situational. A man is yang to his wife, but yin to his boss, even if the boss is female. A woman is yin to her husband but yang to her children, both boys and girls. In a social context, let alone in an international context, determining what is yin and yang in any given situation is an art, not a science.

The Yin-Yang system operates on the principle of reciprocity. It implies that everyone has a shared vision and values. Unlike altruism, which is based on unequal relationships, reciprocity is based on mutual dependencies.

Reciprocity is a core component of Chinese society’s social fabric and interpersonal relationships, as well as social and family life. It maintains harmony within families, communities, and business life and fosters a sense of solidarity, cooperation, and teamwork.

China ’s traditional, primarily collectivist culture partly explains its rapid modernization. Chinese civil engineers pioneered industrial methods like prefabrication, standardization, and modularization. The city of Daxing, a metropolis of 84 square kilometers built in the 6th century, was completed in one year.

A new story

China learned from the West to become the world’s top industrial nation. Like Japan before, it avoided and took what it thought was valuable from the West in opposition to its values and worldview.

In barely one generation, China became an industrial superpower. It dominates 75 % of the technologies currently considered necessary for the Fourth Industrial Revolution globally.

The US has not been sure-footed in its response to the Chinese challenge. Given the influence of neoliberalism and the polarization in US politics, it would be necessary to significantly alter the government’s priorities in order to outperform China economically.

The dilemma facing the West is brought up by cultural communication expert Bill Kelly, author of” A New World Arising.” “Neoliberalism, ” according to Kelly, “led to community breakdown, the alienation of the individual, and the loss of an overriding aspiration that a majority can embrace. In terms of socially mobilizing its citizens to support government leadership, this puts the West at a significant disadvantage. ”

Neoliberalism is a remnant of colonial times and the ugly manifestation of the Merchants ‘ mindset. It tries to perpetuate Western military and financial hegemony at all costs because it is aware it ca n’t compete with China’s industrial giants. It wages foreign wars under the pretext of defending democracy and freedom in its own country, a ruse intended to divert attention from the workers.

The neoliberals should have heeded the advice of historian Paul Kennedy rather than copying Francis Fukuyama. Kennedy explained that the relative decline of great powers frequently comes from overstretching in his book” The Rise and Fall of the Great Powers.” Declining powers go beyond what their economic resources allow them to sustain with their military engagements.

The US is overstretched, has a small industrial base, and has one of its biggest trading partners, which is also one of its biggest creditors. It also has a very high level of debt. When something does, the US and its Western allies will need a new story that is contemporary with the twenty-first century.

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Sydney mall attack: Confronting pro-Kremlin troll on false claims Jewish student was killer

Simeon Boikov, known online as Aussie Cossack, raising first in front of Russian flagAussie Cossack

” I always falsely suggested something,” Simeon Boikov tells me.

He posted unfounded rumors that a 20-year-old Hebrew university student was the one who fatally stabbed and killed five people and one man in Sydney under the alter self” Aussie Cossack.”

On X, he stated,” Unverified reports identify the Bondi perpetrator as Benjamin Cohen. Cohen? Actually? And to believe that so many observers first tried to blame Muslims. “

The real attacker, shot dead by authorities, was later identified as Joel Cauchi, 40. According to the government, his steps were most likely to do with his mental state.

The false allegations that Mr. Boikov amplified had already been made by hundreds of thousands of people on X and Telegram within days of his posting on X, and one federal news outlet also repeated them.

Because I want to know how his articles sparked a media frenzy, with serious consequences for Mr. Cohen, who has described his agony over being accused of an attack he had nothing to do, I tracked him down.

Mr. Boikov is speaking to me from the Australian consul where he fled more than a year earlier after an arrest warrant was issued for an alleged abuse. Vladimir Putin, a pro-Kremlin social internet character, was granted Russian membership last year and has since requested political asylum in Russia.

The brand Benjamin Cohen was not mentioned by him as the first time. It appeared to have come from a small account that shared almost entirely anti-Israel information.

One of the current methods for spreading propaganda is this.

According to Marc Owen-Jones, a specialist in online disinformation, “it’s less obvious and dubious than if a well-known and influential partisan account was to tweet it first.”

” Then more organized accounts can apply this’seeded’ tale as if it’s a legitimate audio music, and claim they are just’reporting’ what’s being said online. “

Another more extensive records suggested that the attack had some connection to Israel or Gaza before Aussie Cossack’s comments on X.

However, those were the first to go viral with Mr. Cohen’s brand.

That’s because he purchased a blue tick, which placed his content before other users and appeared higher up people’s feeds, even those who did n’t follow him.

Prime Minister Anthony Albanese and NSW Premier Chris Minns (3rd and 4th from left) were among those laying flowers

Getty Images

The first article racked up more than 400,000 views, according to X’s personal data- before authorities identified the attacker as Cauchi, no Benjamin Cohen. Following that, Aussie Cossack posted a similar picture to the one that shows the real perpetrator, Cauchi, standing next to a picture of Mr. Cohen in a subsequent post on X.

On Telegram, he even posted a screengrab of Mr Cohen’s LinkedIn site, revealing where he worked and studied.

However, Mr. Boikov, who spoke to me, emphasizes the skepticism in his tweet, saying that he was the” first large platform to inform this is unconfirmed.”

He suggests that” the hundreds of thousands of people who saw my content” pointed out the unverified nature of the state.

However, many people ‘ website responses to his posts appear to have viewed it in a different way and assumed Mr. Cohen was the source of the attack.

I questioned Mr. Boikov about how his posts had allegedly fabricated hundreds of thousands of lies, seriously harming the pupil at its heart. This occurred as people were grieving for loved people who were killed in the attack, and still are.

” Sorry, love, you’re doing that right now,” he said. You’re talking about the speculating of a phony state, and you’re writing a piece about it. “

Communicate in profit

Whether or not it is true that Mr. Boikov’s is one of the hundreds of very effective X accounts that now routinely share content in this manner.

Users can acquire a” share of the revenue” generated by advertising from their posts under X’s new rules, since Elon Musk purchased the social media business.

Aussie Cossack’s messages were taken up and recirculated by dozens of other records, some of whom had a history of spreading false information. Some people frequently post articles that disparage Israel or discuss the Gaza War.

Immediately, these false charges spread to various social media platforms.

When I was looking through the articles related to the murdering on Saturday night, TikTok suggested that I hunt for” Benjamin Cohen” on several films of the attack.

When I looked through the remarks, I discovered they were rife with his name before the authorities had established the attacker’s true personality.

” The suspect’s title is Benjamin Cohen IDF Soldier,” one user wrote. Their consideration had no articles, and no report picture. I sent a text. No answer.

” Shame he’s a Jew right? Why do n’t the media outlets label him? Another user posted a picture of persons running through the mall. When I messaged this one to inquire about its responses, it blocked me.

Repeated by media network

Where these accounts are based ca n’t be definitively confirmed. They consistently post controversial remarks and lack any identifying features that resemble authentic profiles.

The BBC has yet to respond to the BBC’s requests for comment. X, Telegram, and TikTok have not yet responded.

Worryingly, the debate was picked up by American media shop 7News, which named Benjamin Cohen as the “40-year-old lone wolf intruder”. The negative aspects of their document added to the fire online.

7News after retracted the statement and apologised, attributing it to “human problem”.

However, by this point, racist threats were being made toward Benjamin Cohen, who had described the incident as being “highly disconcerting and unsatisfactory to myself and my household.” He has expressed surprise that perhaps a major media outlet had identified him despite being constantly falsely accused on social advertising.

His father Mark Cohen defended his brother on X while the social media panic was taking place. He requested New South Wales Police to reveal the identity of the intruder, saying that “providing false information that it was my brother would cause more harm.”

Post on X by Mark Cohen reading: "Hey @nswpolice you need to release the name of the Bondi junction attacker before this nonsense claiming it was my son causes more harm."

X

In parallel, misleading statements were circulating that the intruder was Muslim. These were shared by well-known political figures and reporters on X with hundreds of thousands of supporters from the UK to the US.

The murder were “another terror assault by another Islamist terrorist,” according to American journalist and broadcaster Julia Hartley-Brewer, and TV presenter Rachel Riley referred to them as” a Global Intifada.” Eventually, they both retracted their content.

Hartley-Brewer posted that she had been “incorrect” and that the Sydney massacre “was not an Islamist terror attack”, while Riley said she was” sorry” if her message had been “misunderstood”.

Additionally, numerous Twitter accounts make false claims about the attacker’s religion. I messaged several of them- but they have n’t responded.

New South Wales Police have suggested the actual attacker, Cauchi, consciously targeted females- who make up five out of six of the patients.

Numerous online forums dedicated to the incels, a culture that defines themselves as incapable of getting a physical partner despite desire, have praised Cauchi as one of their own for the assault.

There is currently, however, no concrete proof that Cauchi is directly involved in these virtual activities. When questioned about Cauchi’s potential use of force against women, his father responded that his brother had “wanted a girl” and that he had” no social skills and was frustrated out of his mind.”

This kind of societal media frenzy, where misinformation is incredibly prevalent, is growing in frequency as problems in the real world occur.

This dangerous rumor mill is seriously harming the people, companions, and innocent bystanders who have been killed.

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Dodgy publications boost China’s science stature – Asia Times

Quantitative ratings, such as those provided by Times Higher Education, ShanghaiRanking Consultancy, and others, are closely monitored by school frontrunners. Rankings effect student graduation rates, draw talented university, and support donations from rich donors. University officials rail against them, and some colleges “withdraw” from them, but positions are important.

The rankings earth is about to undergo a radical change, largely in favor of China’s place.

For instance, the Leiden University Center for Science and Technology Studies ( CWTS ) group released new university rankings in the early 2024s, adding new open-data sources to the standard curated list of elite journals. The outcomes reveal a school rankings earth that has changed.

Eight institutions from China are included in the new top 10 list of colleges with great technological effect, replacing Oxford, Stanford, Harvard, and MIT, which were previously included in the list of universities with the highest scientific effects. In the West, just Harvard and the University of Toronto gain top- 10 locations.

What does the knowledge of academic quality mean as a result? I investigate the impact of the global research system on social security. China’s sharp progress in science and engineering, propelled by investments in research and university power, has alarmed the United States and other nations. There are growing concerns that the US may be losing its competitive edge to a forceful rival, which could have a negative impact on national security, economic standing, and international influence. These innovative positions are likely to cause even greater concern.

Broader collection of more options

The positions programs greatly rely on statistical “indicators” as the foundation for their rankings. According to the important ShanghaiRanking criteria, “papers indexed in major reference indices” are among the inputs included in the evaluation. The common metrics are based on a carefully selected selection of scientific papers, including Cell, The Lancet, and Chemical Reviews. The Web of Science‘s Science Citation Index, or SCI, a result of careful uniformity and data advancement by Clarivate, is the most reputable score containing information on these and other papers.

Shanghai Jiaotong University replaced MIT in as the next best research programme in the world, by one standing group’s estimate. Photo: Shanghai Jiaotong University

SCI represents merely a fraction of the labor published widespread, though. Among other criticism, some people decry the SCI’s luxury and its perceived European discrimination.

However, careful analysis makes it the gold standard for scientific searching and one that publications and authors aspire to follow. Its worth can be found in its reproducibility: It can be used with various research techniques to produce similar results.

Reliance on tailored databases is about to close with the introduction of ratings based on open information, like those created by OpenAlex. In contrast to SCI’s 9, 200, OpenAlex claims to include more than 100, 000 papers of wildly different quality and editorial techniques. With the admirable intention of making studies readily available to everyone, OpenAlex has been released into the public area. The negative impact of this wider web is that it results in aggressive journals that profit from researchers and undermine the integrity of academic writing.

Reflecting China’s study output

China’s position in the open-source rankings is greatly affected by the amount of scientific articles represented in the open directories. Foreign scholars produce a huge system of written job, some in English, some in Taiwanese, estimates of percent shares for language range frequently, but hover around 50- 50. Many more individuals write formal reports as China invests in education and expands its potential for science and engineering.

By 2023, China had 2.2 million scientists and engineers from a quite small population in the 1980s, according to UNESCO information. Since the 1990s, China’s scientific and engineering production has increased significantly, outpacing that of all different countries. China has laggarded in quality in terms of overall academic papers in the Web of Science, but by my estimation, this is an improvement over the US since the US overtook the United Kingdom in 1948.

Although the figures are outdated, my partner and I estimated that China published about one million academic papers between 2000 and 2009 without the assistance of the Web of Science when we analyzed China’s scientific publication in 2010. That means they did n’t count toward traditional rankings. These papers are taken into account in the fresh open databases. Many of the papers included in opened- source or available- access journals will not be considered of high quality, however, they become part of the written record.

Open-access publishing companies have grown rapidly and have quick publication times, but there are questions about the caliber of their journals. In comparison to contributors from other nations, open publishing services like MDPI and Frontiers have the most contributors from China.

Potential paper mills, which produce what appear to be scholarly manuscripts for sale, are frequently featured in the open-access services. Despite concerns about the reputation and editorial practices of these publishers and editors, there’s little oversight. These services are flooded with poor-quality articles that are published all over the publishing industry.

Chinese researchers and the institutions that sponsor them place a lot of emphasis on publishing in international journals, even those published by dubious publishers. When authors cite the works of co-nationals to increase their citation profiles, skew counts, which helps China’s performance.

China is attempting to address malign practices. To its credit, China’s government recently announced the retraction of 17, 000 articles authored or co- authored by Chinese. Quality improvement efforts are being made. Governmental funding for articles published in ranked journals is being discontinued.

Despite the quality questions, the numbers alone will push China up the rankings lists. This quick change will improve how China stands in relation to the rest of the world. In itself, the rise does not reflect a change in quality, status or output, but it will continue to stoke the fires of those alarmed by the rise of China in world science, technology and innovation circles, and perhaps put rankings further into question.

Caroline Wagner is a public affairs professor at The Ohio State University.

This article was republished from The Conversation under a Creative Commons license. Read the original article.

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Local wins by Erdoğan foes could herald sea-change – Asia Times

Prior to the March 31 municipal elections, there was a conflict between the status quo and shift. In retrospect, it can be said that the event has caused a previously unheard of change in Greek politics. This is not just because the outcomes have resulted in operational shifts across 29 regions, but also because it represents a significant change in regional power relationships.

For the first time in over two decades, the main opposition party, the Republican People’s Party ( CHP), surpassed Erdoğan’s conservative Justice and Development Party ( AKP ) on a national scale, capturing 37.77 % of the vote. The expansion of its effect beyond its traditional industrial heartlands to areas long considered hotbeds of the ruling AKP, what made its victory traditional.

Erdoğan’s group clings to hideouts

Erdoan’s party remained strong in its traditional fortifications in northern Anatolia and continued to prosper in the southeast Asian provinces affected by the double quake in February 2023, most notably in Kahramanmaras and Gaziantep, despite losing some provinces in the area.

However, its electoral losses are tied to both the CHP’s method and the accomplishments of those political parties that backed Erdozan in the election of last year. However, the March 31 results highlight a substantial shift within the correct- conservative area, also.

The successes of the more extremist factions, represented by the Islamist Yeniden Refah Partisi ( YRP ) and the Nationalist Movement Party ( MHP), show discontent on both sides of Erdoğan’s electorate. People who think the AKP has taken an excessive liberal attitude on faith and patriotism have shifted to the YRP and MHP in this election.

Conversely, those who opted not to support the AKP for economic reasons have shifted to the Republican People’s Party ( CHP).

Exploiting these drifts within the right- conservative camp, for the first time the CHP made a breakthrough in municipalities such as Bursa ( northwest ), Afyon ( west ), and Adiyaman ( southwest ). Although this expansion may have been primarily due to the candidates ‘ poor financial performance and their poor choices, it also signaled a growing support base for the opposition, even in traditionally traditional areas.

This pattern also manifested itself in Istanbul’s districts. In addition to reelecting Mayor Ekrem Imamolu, the CHP also succeeded in winning elections in historically conservative areas like Üskudar ( Asian Side ) and Beyolu ( European Side ).

An goal that is affected by various elements

Additionally, these elections once more demonstrated how crucial the Kurdish voting is for shaping the outcome of votes. As evidenced by both its ballot discuss and the number of counties won compared to five years ago, the pro-Kurdish and left-wing group DEM increased its aid in the south of the nation, along the border with Syria and Iraq.

The goal of the elections was impacted by a number of factors. The opposition successfully highlighted the distinction between regional economic achievements and national economic issues as the economic situation came into focus. At the same time, in- party dynamics even played a part.

Turkey’s main opposition group, the CHP, responded to its followers ‘ hopes for change after several political costs under the command of Kemal Kilicdaroğlu. By appointing Özgür Özel as the new director and elevating the characteristics of personable politicians like Imamoğlu and Ankara’s Mansur Yavaş, who oppose Turkey’s shift toward monarchy, the group has made significant strides in appealing to citizens.

Turkey, known for its high electoral turnout, saw a slight decrease in voter participation, with rates falling from 84 % in 2019 to 78 % now, reaching the lowest level since 2004. This reduction mainly reflected the discontent among Erdoğan’s group supporters, many of whom expressed dissatisfaction with the country’s economic path. Promises of overall improvements went unfulfilled, fueling voting disillusionment, mainly from the more vulnerable populace segments, such as resigned and poor people.

A variation between Erdoğan and his group

With Erdoğan never being a strong candidate, AKP’s followers seemed to have made a difference between the head and the group. Despite his direct candidacy, Erdoan’s very personal campaign failed to pique his support, highlighting a need for social change and renewal. This might be a result of the national system’s introduction, which has more power in the hands of the president with every passing year.

This was clearly demonstrated in Turkey’s largely Kurdish southeast region, where the political campaign focused on opposing the exercise of appointing authorities officials in place of mayors who had won past municipal elections.

The regional elections in Turkey exemplify the traditional notion of” checks and balances” of political systems, which have less room at the administrative level, in a dynamic authoritarian system where the government’s power is almost unchecked. Erdoan has often argued that the ballot box helped him establish his authority and legitimacy, but this time he received an unanticipated answer.

The Greek voters, known for their sturdy civil society engagement, have become a vital pressure against the country’s drift toward autocratic rule. By taking action, they have helped make a more sensible political environment, reducing the supremacy of any one great.

A strong political endurance

It is not by chance that Istanbul’s Imamoğlu began his election speech by saying,” As we celebrate our victory, we send a message to the world: the reduction of politics is over”. This demonstrates that Turkey demonstrated a strong political endurance despite the lower turnout, which confirms the importance of the ballot for its residents and the need for its rulers to win actual popular support.

The CHP’s traditional success signals a transition in the social dynamics, with economic discontent, management registration and governance concerns driving a large swath of the electorate toward the opposition. The post-election process will undoubtedly not be straightforward despite these elections having produced an unprecedented result for the opposition in Turkey.

Erdoan and his party will rule Turkey until 2028. That is why, until that date, the opposition needs to focus on two main points:

  • promoting a depolarizing narrative intended to break the traditional secularist-conservative divide that has plagued Turkey’s electorate for years, and
  • developing a long-term strategy to address voters ‘ most pressing issues, such as the economy and unemployment, that might have a lasting impact beyond religious cleavages and traditional identity.

The outcome of the election signals a crucial change and an increasing desire for change among its citizens that could change the country’s political trajectory as Turkey progresses. The question is whether the opposition, who is caught between having less political freedom and having more responsibilities, can successfully manage the support given by the electorate.

At the Università Cattolica del Sacro Cuore – Catholic University of Milan, Samuele Carlo Ayrton Abrami and Riccardo Gasco are both PhD candidates in institutions and policies.

This article was republished from The Conversation under a Creative Commons license. Read the original article.

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