The Ministry of Education has set a deadline for China’s tutoring industry. By the end of the year, institutions offering curriculum-related tutoring must have registered as non-profit organizations (China.Table reported). The measure comes in the wake of orders issued by Beijing’s education commission in August to several executives of tutoring providers to revise their business […]
A new hand of cards is being dealt. The fact that the German federal election is just a few weeks away has also been an urgent topic for Chinese entrepreneurs for some time, made evident by a question from the head of a large Beijing agency. When Annalena Baerbock was chosen as her party’s candidate […]
Liu Yuchao is the new Senior Vice President for Supply Chain in China for the e-car start-up Faraday Future. The Chinese-American company had just raised around one billion US dollars in an IPO on the New York Technology Exchange at the end of July. The fresh capital should now help the company finally bring its […]
Hong Kong will allow Chinese mainland and Macao residents to enter the city without going through mandatory quarantine starting Sept. 15, implementing a measure that had been delayed since May, Chief Executive Carrie Lam announced Tuesday.“We have been talking about this for a long time but were never able to launch it, as there were […]
The Geely brand Lotus is planning to produce its electric models in China. Between 2022 and 2026, four new electric models are to roll off production lines at a newly planned plant in Wuhan in the People’s Republic. The production of 2,000 compact SUVs will begin as early as next year, Feng Qingfeng, chief executive […]
Residents of the ancient city of Ciqikou in the southwest Chinese province of Chongqing move their furniture to a safe place. Earlier this week, a flood control alert was declared. After heavy rains, the Jialing River in Chongqing burst its banks. Floods in the central Chinese city of Zhengzhou had claimed the lives of 99 […]
German automotive suppliers seem to be having a hard time with the long-known changes on the international automotive markets: the shift from combustion engines and to electric drives.“To be honest, we could have thought about it earlier,” admitted Klaus Rosenfeld, CEO of automotive supplier Schaeffler, just a few days ago in the podcast “Chefgespräch” with […]
Even in preschool, the dribbling of a basketball has to be spot on. The sports curriculum is also being adopted across China because in the future the sports grade will play a greater role in admissions to better schools. The fact that jumping rope, dribbling a ball, or practicing kung fu could now help kids […]
Beijing wants to further limit the influence of stars in the entertainment industry. After authorities had already initiated “cleansing campaigns” against several stars and starlets (China.Table reported), they plan to take action against fans and supporters of stars. “Literature and art is an important battlefield of thought and ideology and thus an extremely important work […]
Following Beijing’s recent crackdown on its tech companies, education and real estate sectors (China.Table reported), Yi Huiman, head of the China Securities Regulatory Commission (CSRC) has now promised a further opening of capital markets to foreign investors. “Opening-up and cooperation is the inevitable trend in the integrated development of global capital markets,”, Yi said at […]
