Microsoft joint venture Wicresoft halts projects in China, lays off thousands of workers

Microsoft joint venture Wicresoft halts projects in China, lays off thousands of workers

Microsoft joint venture Wicresoft has put a halt to its China projects with the US technology giant, laying off around two thousand employees in the process, according to local media reports and some affected workers. Employees at the Shanghai office of Wicresoft – a Bellevue, Washington-based business consulting venture founded by Microsoft and its Shanghai…

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Global South can count on China as old world order crumbles under Trump: analyst

Global South can count on China as old world order crumbles under Trump: analyst

China’s “open-source” approach to development presents a reliable alternative for the Global South as Western dominance wanes and the world order is reshaped, according to a leading Chinese political scientist. Zheng Yongnian, dean of the Chinese University of Hong Kong’s school of public policy in Shenzhen, said that both global orders were crumbling – the…

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