China

CHINA TUTORING TITAN FIRES 60,000 PEOPLE

China tutoring: China's biggest private education supplier laid off 60,000 representatives last year as it wrestled with the aftermath of Beijing's general update of the industry. Yu Minhong, the very rich person author of New Oriental Education affirmed the monstrous...

UBER TO SELL DIDI, THE CHINESE MARKET LACKS TRANSPARENCY, THE CEO SAID

Uber to sell Didi: Uber Technologies Inc is hoping to sell shares in non-strategic resources containing its claim in Beijing-based Didi Global Inc, its CEO said on Tuesday, who also clarified the China market as a rough one with...

HUMAN RIGHTS VIOLATIONS: US IMPOSES SANCTIONS ON CHINA, MYANMAR, AND NORTH KOREA

Human rights violations: Tensions between the US and China are increasing. The US on Friday imposed human rights sanctions on more than a dozen establishments and people from China, Myanmar, North Korea, and Bangladesh, etc. China's artificial intelligence company...

WTA SUSPENDS TOURNAMENTS IN CHINA OVER PENG SHUAI CONCERNS

WTA suspends tournaments in China: The Women's Professional Tennis Tour has canceled all tennis tournaments to be carried in China. This decision has been accepted amid questions arising respecting the safety of Chinese female tennis player Peng Shuai. She...

NORTH KOREA AND CHINA TO STRENGTHEN FRIENDSHIP

The leaders of North Korea and China have exchanged messages pledging to strengthen cooperation on the 60th anniversary of the signing of their Treaty of Friendship, Cooperation, and Mutual Assistance. In a message to Chinese President Xi Jinping on Sunday,...

UNCERTAINTY OVER ‘BLACK WIDOW’ RELEASE IN CHINA

The U.S. film industry is heaving a sigh of relief that "Black Widow” is poised to become the highest-grossing domestic debut of the post-pandemic era, marking America’s return to moviegoing in force. China, however, is on the contrary. The picture for...

BITCOIN FALLS DOWN AS CHINA ISSUED ITS NEW STATEMENT

Bitcoin and other cryptocurrencies are falling as anxiety scatters through the market. This time after China took more steps to crack down on the digital coins. The world's most seriously traded cryptocurrency fell as low as $30,202 per coin from...

CHANGE IN OCCUPATION OF 100 MILLION WORKERS BY 2030

According to research by McKinsey & Co., over 100 million workers in eight of the world’s largest economies may need to bring a change in occupation by 2030 as the COVID-19 pandemic accelerates changes to the labor force. A...

CHINA INDEFINITELY SUSPENDS ECONOMIC EXCHANGE WITH AUSTRALIA

 China has indefinitely discontinued key economical exchange with Australia. This adds fuel to the fire-growing diplomatic gap between these countries. Relations have been on the deterioration since Australia called for an inquiry into the origins of the virus. And when...
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