China
China blocks (again) Google Search, Gmail and Drive
China blocked all Google web domains throughout the country for long periods on Friday, the search giant has said.
China blocked all Google web domains throughout the country for long periods on Friday, the search giant has said.
Google Search, Gmail, Google Drive and all other web products were largely blacked out and, in a statement to Bloomberg and Reuters, Google said it had “checked and there’s nothing wrong on our end.”
Google’s own Transparency Report website, which shows usage levels around the world, showed a sharp decline to Google sites in China on Friday.
The country has censored Google before, during a stand-off in 2010, but has never taken the drastic step of blocking the popular Gmail email service too.
The outage left countless users without access to email throughout the nation and could be a watershed moment for the issue of web censorship in China, according to one watchdog.
via China blocks Google Search, Gmail and Drive | News | TechRadar.
Economics
China’s new three-child policy highlights risks of aging across emerging Asia
Thailand’s (Baa1 stable) total dependency ratio is set to jump nine percentage points to 51% by 2030 – a faster increase than China’s – which will pressure public and private savings through higher taxes and social spending, reducing innovation and productivity gains.
Population aging in China (A1 stable) and other emerging markets in Asia will hurt economic growth, competitiveness and fiscal revenue, unless productivity gains accelerate, according to a new report by Moody’s Investors Service.
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Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.
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