Technology

The Strength of the Chinese Economy in 2024 “China’s role in the world economy is substantial. It accounts for around 10% of world trade and stock market capitalization, around 18% of GDP (at market exchange rates), around 16% of world oil demand, and over a quarter of world broad money,” according to Oxford Economics. The robust growth in China is based on a cocktail of state-driven investment, supply-side stimulus, and a boost in “green” manufacturing, said its lead economist Sean Metcalfe. The continued government stimulus concentrated in green equipment and high-tech manufacturing is not only part of the economy’s shift…

On 10. July 2023, the European Commission adopted its adequacy decision for the EU-US Data Privacy Framework. Based on this decision, personal data can flow freely from the EU to companies in the United States that participate in the Data Privacy Framework. The adequacy decision followed the adoption of Executive Order on ‘Enhancing Safeguards for United States Signals Intelligence Activities’. These instruments introduced new binding safeguards to address the points raised by Court of Justice of the European Union in its Schrems II decision of July 2020, ensuring that data can be accessed by U.S. intelligence agencies only to the…

Urban Forum and SINOPRESS proudly announce the upcoming online forum on “Data Transfer Decision between EU and US”. An open, insightful, and rewarding discussion with expertise on the topic is guaranteed. Save the date!  Time: 7pm-8.30pm (CET), 07, November 2023 Venue: ZOOM Conference (Meeting ID: 868 3301 7086, Passcode: 074595) Moderator: Marie Grüner, Communication Advisor Agenda: On 10. July 2023, the European Commission adopted its adequacy decision for the EU-US Data Privacy Framework. Based on this decision, personal data can flow freely from the EU to companies in the United States that participate in the Data Privacy Framework. The adequacy decision followed…