What a gutless pussy, seriously what is this idiot credentials again cause it seems instead of saving the US economy, he seems to be purposely destroying it. Really any person with half a brain and maybe an understanding of the basics of economics to do better then this guy, who I am sure doesn’t seem to understand the basics. Anyone one can tell him that China doesn’t pay for the tariffs, it’s the people that are buying the goods itself that does that, but this idiot doesn’t listen, not to facts or basic reasoning that any person with a normal functioning brain can understand. Has he finally succumbed to senilityTody's funny news, from Bloomberg:
From Reuters:
Chinese teens to pay $300,000 for urinating in soup
Two teenagers who peed into a pot of broth at a hotpot restaurant have been ordered to pay 2.2m yuan ($309,000; £227,000) to two catering companies in China.
The incident, which happened in February at a Shanghai branch of China's biggest hotpot chain Haidilao, sparked widespread criticism after the 17-year-olds posted a video of their drunken act online.
There is no suggestion that anyone consumed the contaminated broth but Haidilao had offered to pay thousands of diners who dined at the restaurant in the days following the incident.
In March, Haidilao sought more than 23m yuan in losses, saying this took into account the amount it compensated customers over the incident.
Last Friday, a Shanghai court found that the teenagers had infringed upon the companies' property rights as well as reputation through "acts of insult", noting that their actions contaminated tableware and "caused strong discomfort among the public".
It also found that the teens' parents had "failed to fulfil their duty of guardianship" and ordered that they bear the compensation, state media reported.
This includes 2m yuan for operational and reputational damage, 130,000 yuan to one of the caterers for tableware losses and cleaning expenses, and 70,000 yuan in legal costs.
However the court ruled that any additional compensation Haidilao offered to its customers, beyond what they were billed, was a "voluntary business decision", and therefore should not be borne by the teenagers.
Haidilao had offered to compensate more than 4,000 diners who visited the branch between 24 February - the date of their visit - and 8 March, both with a full refund and a cash compensation that is 10 times the amount they were billed.
They also replaced all hotpot equipment and said they had conducted cleaning and disinfection works.
Haidilao has expanded quickly since it opened its first restaurant in Jianyang in Sichuan province. It now operates more than 1,000 restaurants across the world.
The company is known for its customer service and family-friendly atmosphere, where women can receive manicures and kids are treated to candy floss while waiting for a table.
Haidilao had offered to compensate more than 4,000 diners who visited the branch between 24 February - the date of their visit - and 8 March, both with a full refund and a cash compensation that is 10 times the amount they were billed.
Two teenagers who peed into a pot of broth at a hotpot restaurant have been ordered to pay 2.2m yuan ($309,000; £227,000)
However the court ruled that any additional compensation Haidilao offered to its customers, beyond what they were billed, was a "voluntary business decision", and therefore should not be borne by the teenagers.
I disavow.
Nasty. Just wondering but was there no criminal action to this? The only thing mentioned in this article is the civil lawsuit.
Given the BBC tendency to lie like hell, I am a bit skeptical
Nasty. Just wondering but was there no criminal action to this? The only thing mentioned in this article is the civil lawsuit.
So it appears this is an spinoff of the US TikTok but the IP and algorithm will be licensed to the US entity.
Tody's funny news, from Bloomberg:
Isn't it basically GFW for US? The whole reason for a separate instance called Douyin is to fit the regulations required to operate within GFW. TrumpTok is basically that but for US? (Minus no ownership of algorithm so they have to pay licence)This I remember was close to that original deal.
It was crazy.
Yet, they still are going to do it!
That is it! Things have spun out of control. The earth is going crash into a black hole and that will be it!
Just to clarify, so everyone is absolutely on the same page, if this deal goes through, there will be Dou-yin, TikTok, and TrumpTok.
The absurd part, is the Americans are not buying TikTok, they are buying a copy of TikTok. That is the deal. That is simply crazy!
Due to the PRC passing laws against transferring the algorithm, that was not for sale, so they can only license it, otherwise TikTok goes dark in America.
It is only business. Sometimes you got to walk away.
In this case, the Americans would not walk away as they could not bring themselves to do that, and could not get what they want. Therefore, we have this absurd situation.
Enough!
I getting out of this moving car! Going to take my chances on the freeway! Now! Jump!
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“It’s the ultimate Taco trade,” commented a U.S. advisor close to the deal, referencing to the mocking acronym “Trump always chickens out."
"After all this, China keeps the algorithm," the U.S. advisor said.