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Apple prepares to divert some iPad production from China to Vietnam

  The problems in China derived from the pandemic are behind this decision. “Designed in California. Made in China”. The popular phrase that decorates most Apple devices could soon change to "Made in Vietnam." At least when it comes to the iPad. According to Nikkei Asia, Apple is moving some of the iPad production to Vietnam. The decision is prompted by growing production problems in China stemming from lockdowns due to Covid-19 outbreaks. The lockdowns in the port city of Shanghai have been particularly problematic because they have paralyzed the port and delayed not a few shipments from hundreds of companies. Shifting part of the production to Vietnam is not exactly a panacea. The Asian country has had its own share of lockdowns due to the pandemic. In fact, the decision to partially move to Vietnam is something that they wanted to start in 2020 and 2021 and on both occasions it had to be postponed due to Covid-19. Rather, it looks like a way to diversify production at vari

BITCOIN IS NOW PROPERTY PROTECTED BY CHINESE LAW

  The Shanghai High Court ruled that bitcoin is virtual property protected by Chinese law. A Chinese High Court has recognized bitcoin as property protected by law, putting a new spin on the legal aspects related to cryptocurrencies, several months after the Central Bank declared all activities related to crypto assets illegal. "In the actual practice of the trial, the People's Court has formed a unified opinion on the legal position of bitcoin and identified it as a virtual property," as reported by Chinese media. The court was forced to release a statement around bitcoin due to a legal dispute between two Chinese citizens over the payment of a debt in BTC. Although the case happened in 2020, since neither person was close to reaching a settlement, the lawyers took the case to court. Subsequently, "in the analysis of the case, the people's court formulated a unified opinion on the legal position of bitcoin and determined that it was virtual property," the n