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Friday, May 14, 2021

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China’s VIPKID, which links English tutors with online learners raises $500M

That valuation was originally mentioned in reports in April when VIPKID  was still raising the money, and we have now confirmed it with sources close to the company.

FBI arrests man in disappearance of Chinese grad student

A man has been arrested in connection with the disappearance of a visiting Chinese graduate student last seen June 9 on the University of...

Chinese Tech Investments In US Plummet

eCommerce giant Alibaba  — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT) reported on Sunday (Feb. 9).

Buffett warns China that markets can sometimes become a ‘casino’

When asked about volatile Chinese stocks, investing legend Warren Buffett said Saturday that markets can sometimes resemble a "casino." The Oracle of Omaha offered advice...

JD.com Chairman Richard Liu Arrested in U.S. in Sexual Misconduct Case

The billionaire founder of JD.com, one of China’s largest and most successful online retailers, was arrested Friday in Minnesota for alleged sexual misconduct before...

Chinese Premier Sends Foxconn a Reminder After Its CEO Visits the White House

Despite the recent rapprochement between U.S. President Donald Trump and China President Xi Jinping over North Korea issues, China remains a competitor to the United States under Trump's "America first" agenda.

It’s The High School Diploma That’s Luring Chinese Students To The U.S.

The number of international students in U.S. high schools has more than tripled over the last decade - with China almost single-handedly fuelling the rise.

Chinese maker of radios for police, firefighters struggles to outlast Trump trade fight

Linwood Lothrop, a county official in rural Maine, is shopping for several hundred new digital radios for local police, fire and ambulance personnel. Among...

China Web Lender Aims for US IPO With Crafty Borrower Reviews

SmartFinance, a Chinese internet loans business that judges borrowers on factors including how often they charge their phones, has consulted banks about a possible...

U.S., China agree to first trade steps under 100-day plan

The United States and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef...

US arrests three Chinese nationals for visa fraud

The US has charged four Chinese nationals with visa fraud for allegedly lying about their membership of China's armed forces.

China is reportedly considering a law to crack down on forced tech transfers

China is reportedly considering a new law on foreign investment that would emphasize the illegality of forced tech transfers — the practice of which...