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Chinese Education Company GSX to Close Pre-school Education Business and Cut 30% of Staff amid Increased Regulatory Pressure thumbnail
Technology
Chinese Education Company GSX to Close Pre-school Education Business and Cut 30% of Staff amid Increased Regulatory Pressure

(Source: SupChina) Chinese online education platform GSX Techedu is shutting its early education unit and cutting jobs as Beijing escalates a campaign against the country’s burgeoning after-school tutoring sector, multiple media outlets reported. Bloomberg quoted the company’s spokeswoman Sandy Qin as confirming that GSX’s decision to close its pre-school education business for children aged 3…

Chinese cargo spacecraft docks with orbital station thumbnail
Science & Nature
Chinese cargo spacecraft docks with orbital station

May 29, 2021Updated: May 29, 2021 11:32 p.m. 1of5In this photo released by China’s Xinhua News Agency, a Long March 7 rocket carrying the Tianzhou-2 spacecraft lifts off from the Wenchang Space Launch Center in Wenchang in southern China’s Hainan Province, Saturday, May 29, 2021. A rocket carrying supplies for China’s new space station blasted off…

For Young Chinese, 2021 Is the Year of the Digital Nomad thumbnail
Entertainment
For Young Chinese, 2021 Is the Year of the Digital Nomad

YUNNAN, Southwest China — When Hu Shuguang, a 26-year-old software engineer, heard his onboarding process at Google’s Tokyo office had been pushed back a year due to COVID-19, he couldn’t have been more delighted.He quickly decided to reject Google’s offer to settle down temporarily at its Beijing or Shanghai campus. Instead, he hit the road.…

Chinese e-commerce titans embark on a spending spree thumbnail
Business
Chinese e-commerce titans embark on a spending spree

Competition is spurring big internet companies to reinvest their plush profitsCHINESE TECH GIANTS, like those elsewhere, have thrived as covid-19 forced consumers to get their necessities and leisure online. This month Tencent, China’s most valuable tech firm, reported another stellar set of earnings. Operating profit grew by 20% year on year in the first quarter,…

Top 10 Chinese Dramas in First Half of 2021 thumbnail
Entertainment
Top 10 Chinese Dramas in First Half of 2021

Many anticipated dramas have already aired in the first half of 2021. While some have trended during their broadcast, very few actually achieved phenomenal success. Below are the10 most watched dramas in the first half of 2021, with some surprises in their rankings: 10. My Best Friend’s Story The dual heroine drama starring NiNi (倪妮) and…

The Next Frontier for Chinese Luxury Resale Platforms: Their Own Brands? thumbnail
Entertainment
The Next Frontier for Chinese Luxury Resale Platforms: Their Own Brands?

Key Takeaways:Luxury resale is booming in China, driven by younger consumers interested in sustainability, archive pieces, and owning hard-to-find pieces.Chinese luxury resale e-commerce platforms are attracting a flood of investment that could be applied to creating new brand extensions.Creating in-house fashion brands could help Chinese luxury resale sites carve out more market share and position…

Chinese Long March rocket launches oceanography satellite thumbnail
Science & Nature
Chinese Long March rocket launches oceanography satellite

If you would like to see more articles like this please support our coverage of the space program by becoming a Spaceflight Now Member. If everyone who enjoys our website helps fund it, we can expand and improve our coverage further. A Long March 4B rocket takes off with China’s Haiyang 2D oceanography satellite. Credit:…

Death of Chinese high schooler ruled as suicide, leaving family skeptical and questions unanswered thumbnail
General
Death of Chinese high schooler ruled as suicide, leaving family skeptical and questions unanswered

Lin’s mother is not the only person who has shared this sentiment. On Weibo, there were a vast number of commenters who were not shy in stating their suspicions about the circumstances surrounding Lin’s death and criticizing the school for its mishandling of the matter, particularly the fact that it waited nearly two hours to…

Chinese COVID-19 Vaccine 94% Effective in Medical Workers, Indonesia Says thumbnail
Entertainment
Chinese COVID-19 Vaccine 94% Effective in Medical Workers, Indonesia Says

Health officials in Indonesia said that a Chinese vaccine is 94% effective in preventing COVID-19 among medical workers in its capital city, Bloomberg reported.At a press conference Wednesday, Pandji Dhewantara, an official with Indonesia’s health ministry and the trial’s lead researcher, said that from January to March, authorities had been monitoring 128,290 medical workers in…

Chinese Online Grocer Dingdong Maicai Raises $330 Million in Latest Funding Round thumbnail
Technology
Chinese Online Grocer Dingdong Maicai Raises $330 Million in Latest Funding Round

The new round of fundraising followed the app’s $700 million D round completed in April. (Source: Xinhua) Chinese grocery platform Dingdong Maicai raised $330 million in a Series D+ round of financing led by the SoftBank Vision Fund, according to investor and advisor Cygnus Equity, as the startup continues its expansion in the crowded fresh…