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China’s reassurance to boosting private businesses

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As China’s intense crackdown on the private sector continues, the nation’s Vice Premier has made a pledge to support businesses

In a speech, the Vice Premier says “the principles and policies for supporting the development of the private economy have not changed”.

It follows Beijing imposing new regulations on a number of industries from after-school tutoring to broad internet-based platforms.

The VP is President Xi Jinping top economic advisor, meaning his comments carry a lot of weight.

He says that China must stick with its socialists market economy reforms and move forward with opening up the market.

The VP affirmed that the nation’s private sector has contributed to more than half of China’s tax revenue, whilst providing 80 per cent of all urban jobs.

China’s tightening of restrictions and regulations on a number of sectors a few weeks ago caused a widespread panicked selloff, which wiped off 1.5 trillion from Chinese stocks at its lowest point.

Beijing knows it has to support the development of the private industry to ensure an established economy moving forward, whilst also improving employment figures.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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AWS outage sparks business reputation risks

AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.

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AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.


A major Amazon Web Services outage highlights the dangers of relying on a single tech partner, with brands facing potential repetitional damage.

Darren Woolley from TrinityP3 discusses strategies to mitigate such risks.

#AWS #CloudComputing #TechOutage #BusinessRisk #TrinityP3 #BrandReputation #TechDependency #CloudStrategy


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Bitcoin’s weakness sparks market warning

Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.

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Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.


Bitcoin’s failure to rebound while other assets rally could signal deeper cracks in speculative markets.

Analysts warn it may foreshadow tougher times ahead.

#Bitcoin #Crypto #Markets #DavidScutt #StoneX #Investing #Fed #Inflation #Stocks #MarketWarning


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OpenAI launches Atlas to rival Google

OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.

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OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.


OpenAI has unveiled Atlas, an AI-powered browser built to challenge Google and reinvent how users search and interact online.

The launch marks a major shift in the future of web browsing.

#OpenAI #Atlas #AI #Technology #BradGastwirth #CircularTechnology #Google #SamAltman #ChatGPT #Innovation #TechNews


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