Mobile & Technology

How Should Fashion Entrants to China Approach COVID-19 Rebound?

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LONDON — Everybody wants a slice of China’s booming luxury and fashion market, especially after the coronavirus put a stop to many businesses around the world.

It’s indeed fascinating to hear stories about how loyal Chinese consumers would queue outside Chanel and Hermès stores moments after the pandemic was contained and spend a record-breaking sum of money on high-price items, and how Burberry’s 100 limited-edition Pocket Bags in collaboration with Mr. Bags sold out within 44 seconds on his WeChat mini-program.

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McKinsey predicts Chinese consumers will account for 40 percent of the world’s luxury spending by 2025, but the growing demand is likely to be trapped in the country until 2021 due to pandemic disruptions. Because of this, China’s retail market is expected to overtake the U.S. and become the world’s largest as early as this year.

But

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5 Stocks for Millennials to Watch in the New Normal

Millennials have played a pivotal role in the change in consumer preference. This age group prefers paying more for products based on source or supply chain of ingredients, companies’ social and human resource policy and focus on environment protection.

During thecoronavirus pandemic, thetech-savvy generation has helped in boosting the adoption and use of technology. The group is inclined toward usage of mobile applications for information, finance management, remote working, staying connected with friends, entertainment and sell my house fast jacksonville much more.

Digital Financial Assists Take Center stage

Due to the COVID-19 pandemic, there are many new trends serving as the “new normal.” Most millennials are either first-generation entrepreneurs or freelancers and are dealing with changeable sources of income and career uncertainty. In this scenario, they resort to a mix of apps that help them shape their financial future and cater to their emergency cash needs.

Millennials not only enjoy

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Huawei controversy opens field for 5G challengers

Tokyo (AFP) – With growing pressure to keep China’s Huawei out of 5G network development, it could be time for firms like Japan’s NEC and South Korea’s Samsung to shine.

Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to spy for Beijing.

Huawei denies the charges, but US pressure has prompted an about-turn in Britain.

The government had already pledged to cut the firm out of the most sensitive “core” elements of 5G that access personal data, and is now reportedly pushing for plans to end Huawei’s involvement in Britain’s 5G infrastructure by 2023.

But excluding Huawei is not without challenges, because there are currently only two alternatives in Europe for 5G equipment such as antennas and relay masts: Finland’s Nokia and Sweden’s Ericsson.

Britain has encouraged Washington to form a club of 10 democratic

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People who believe wild coronavirus conspiracy theories rely on YouTube for most of their information on the pandemic

YouTube
YouTube

Reuters

  • Researchers at King’s College London surveyed over 2,000 people in the UK to study how likely people are to believe conspiracy theories about the coronavirus.

  • People who got their news primarily from social media were more likely to believe conspiracy theories, and the researchers found consuming information on YouTube had the strongest correlation with believing them.

  • People who got their news from social media were also more likely to break quarantine and lockdown rules.

  • Visit Business Insider’s homepage for more stories.

YouTube viewers are more likely to buy into weird conspiracy theories about the coronavirus than other people who get their news via social media.

That’s according to a new report from researchers at King’s College London delving into the public health risks posed by online conspiracy theories about the pandemic.

The peer-reviewed study was published in the journal Psychological Medicine and surveyed 2,254 people in the

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Biden, Trump Quit Praising Xi to Feud Over Who’d Be Tougher on China

(Bloomberg) — Donald Trump and Joe Biden used to brag about how well they knew Chinese President Xi Jinping. Barely four months from election day, the talk has turned to who can be tougher on Beijing, with a tell-all book by Trump’s ex-national security adviser adding to the fray.

“Trump rolled over for the Chinese — he took their word for it,” the narrator in one Biden ad says of Trump’s handling of the coronavirus pandemic. A Trump spot counters: “China is the greatest threat to America’s security and our values. Career politician Joe Biden is weak on China.”

Those ads, piggybacking on bipartisan fury in the U.S. at China’s early missteps in alerting the world to the coronavirus outbreak, underscore that Beijing is at the center of this year’s presidential campaign more than any other foreign policy issue.

Former National Security Advisor John Bolton’s new book, which the Justice

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25 Surprising Jobs That Will Be the Best for Your Career

One of the key factors of a satisfying job is the ability to advance in your career, but identifying whether a potential job comes with this important component can be tricky. To find the jobs with the most career opportunities, Glassdoor analyzed millions of employee reviews on its site and found the 25 jobs that are most likely to allow you to climb the career ladder — and some of them might surprise you.

Last updated: Feb. 18, 2020

Software Development Engineer

  • Median base salary: $117,250

Almost half of the jobs on Glassdoor’s list are in tech, but software engineers had the lowest career opportunities rating of the ones that made the cut — 3.6 on a scale of one to five, with one being the weakest and five being the strongest. On the plus side, it has one of the highest median base salaries and some of the most

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