China’s answer to Elon Musk has survived once, but he has a fight ahead

William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the … Read more

China’s auto sales fell 3per cent in May – industry association

Business Vehicle sales in China fell 3per cent in May from the same month a year earlier, snapping a streak of 13 consecutive months of gains, industry data showed on Friday. FILE PHOTO: Cars for export wait to be loaded onto cargo vessels at a port in Lianyungang, Jiangsu province, China October 14, 2019. REUTERS/Stringer … Read more

China’s Nio Faces Battle Royale After Return From Brink of Ruin

relates to China's Nio Faces Battle Royale After Return From Brink of Ruin

William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the … Read more

Kotkin on China’s education and human capital challenge

Perhaps the biggest threat to Chinese growth is the lack of education and skills of its people, said Stephen Kotkin, Professor in History and International Affairs at Princeton University speaking at FIS Digital 2021. In a presentation on investor risk and opportunity in China he argued that unless China can improve its education system, the … Read more

Why China’s Cracking Down Now on Education-Tech Firms: QuickTake

Why China’s Cracking Down Now on Education-Tech Firms: QuickTake

China’s private education companies have for years been the darlings of investors from New York to Shanghai, building a $100 billion industry on the promise of the world’s largest and arguably most-competitive schooling system. Then suddenly they got caught up in the Chinese government’s sweeping efforts to rein in the country’s technology giants. The regulatory … Read more

China’s Education Entrepreneurs Suffer $27 Billion Wealth Wipeout Amid Industry Crackdown

2019 Global Education Summit

Michael Yu Minhong of New Oriental Education & Technology Group speaks to the audience as Zhang … [+] Bangxin of TAL Education Group listens to his comments during the 2019 Global Education Summit in Beijing, China. VCG/VCG via Getty Images China’s crackdown on the private tutoring industry has hit three of the industry’s most prominent … Read more

World Health Organization Approves China’s Sinovac Coronavirus Vaccine For Emergency Use

Mall Theater Converts Into Vaccination Centre In Manila

Topline The World Health Organization has approved a coronavirus vaccine made by China’s Sinovac Biotechfor emergency use as the international health authority seeks to expand the number of vaccines it distributes to fight the pandemic in poor countries, where immunization rates badly trail that in wealthier nations. A healthcare worker administers a dose of Sinovac … Read more