Month: June 2021
China will regulate private tutoring industry
According to the article, a source close to government regulators told Reuters that, “The industry should be preparing for the worst.” Among the changes on the table, possibly the most groundbreaking is a…
Livestreaming e-commerce increasingly going mainstream
livestreaming has become a key means for brands to gain awareness and boost sales, and for smaller operators such as farmers to have better access to consumers, especially during the pandemic period when…
After the Pandemic, a Wave of Spending by Older Consumers
The world’s emergence from the coronavirus pandemic is set to unleash a wave of spending by older consumers, with increasing opportunities for investors in aging-linked stocks. The large contingent of developed countries that…
China blocks several cryptocurrency-related social media accounts amid crackdown
Chinese social media accounts related to cryptocurrencies were blocked over the weekend by Sina Weibo. The blocked accounts had followers ranging from several thousand to several hundred thousand and featured some of the…
China Wrecks IPO Plans for High-Flying Education Startups
Stay-at-home tutoring was growing in popularity around the world — particularly in Asia — even before Covid 19 scrapped in-person classes. But it’s in China that the industry has taken on a life…