Tuesday, March 19

Tag: Global Times

WeChat Bans ‘Sugar Daddy’ Dating Service in China
CHINA

WeChat Bans ‘Sugar Daddy’ Dating Service in China

An online dating application in China which lets wealthy older people to connect with young lovers has been subject to restrictions after a surge in popularity in the country as reported by state media on Friday. Called SeekingArrangement or "Sugar Daddy", is dating app has now been suspended from WeChat -- a popular Chinese messaging service similar to WhatsApp. The app was becoming intensely popular and was the most downloaded app on Apple Store China this week. The suspension came after Global Times a state run organisation linked with Communist Party in China-urged the government to shut down app's operations for promoting "sugar dating", a practice in which wealthy elite suitors are matched with with younger people in exchange for economic benefits or gifts. Lawyers in the co...
U Turn of China’s Official Media- Supporting Chinese Companies Investment in India
CHINA

U Turn of China’s Official Media- Supporting Chinese Companies Investment in India

Arguing that anxieties of Chinese businesses in investing in India are "overblown", official media today said investors can make "fat gains" by cashing in on the rapid growth in India's manufacturing sector and staying away is indisputably an "unwise choice". Making a strong case for why Chinese should rush their investments to India, an article in the official daily Global Times said "the rapid growth in India's manufacturing sector has thus far had little to do with Chinese capital". "In other words, China does not have the capability to limit India's manufacturing development. What China is capable of is preventing Chinese investment from capitalising on India's admired growth outlook, indisputably an unwise choice," the article written by Ge Cheng, Research fellow at the National...