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Most Read

The Race to Create a Whiskey From China, for Chinese People

Banking on the fast-expanding middle class, Chinese and Western liquor companies are eager to build ......

6 days

Jiang Yaling

New Oriental Fired 60,000 Staff After Education Clampdown, CEO Says

The company’s revenue declined by 80% last year after many of its tutoring centers were shut.

2022-01-10 10:04:50

Ni Dandan and Zhu Jingyi

New Oriental Livestream Sales Event Receives Lukewarm Reception

The CEO of the education powerhouse sold fruits and vegetables in a virtual broadcast.

2021-12-30 07:15:53

Jiang Yaling

Shanghai’s Real Estate Agents Are in Trouble. Buyers Don’t Mind.

As house sales plummet, the local government is encouraging individuals to trade houses without agen......

2021-12-24 09:49:02

Ni Dandan

Are Young Chinese Really Over Karaoke?

While the younger demographic is seemingly ditching KTV parlors for other activities, the elderly ha......

2021-12-16 07:44:39

Fan Yiying

China Gives Green Light for Boeing 737 Max to Return to Its Skies

With the long-awaited approval granted, the troubled plane might resume flying in China by the end o......

2021-12-06 08:40:29

Wu Peiyue

Canada Goose Back Over the Coals with Harsh Returns Policy

Everyone loves the ugly duckling. But the pricey goose faces a backlash in China.

2021-12-02 09:37:48

Wu Peiyue

After the Crash: Checking In on China’s Bike-Sharing Industry

It’s been almost five years since the “bicycle wars.” Are the country’s bike-sharing firms finally o......

2021-11-30 11:18:41

Huang Yang

Alibaba Tries an Unfamiliar New Singles’ Day Strategy: Restraint

The world’s biggest online shopping festival used to be an unabashed celebration of celebrity and co......

2021-11-12 12:28:48

Wu Peiyue and Jiang Yaling

Can China’s Other National Drink Make a Comeback?

For thousands of years, a kind of wine known as “huangjiu” was the default drink of choice for most ......

2021-11-12 12:17:12

Nie Xingyao

Beijing Launches Promotion Blitz for Soon-to-Open Stock Exchange

The Chinese mainland’s third major stock market is set to open Nov. 15. Now, it just needs to find h......

2021-11-06 08:15:57

Jiang Yaling

The True Price of China’s Most Expensive Teas

Some of the country’s most expensive teas cost millions per kilogram. They also aren’t actually for ......

2021-11-04 12:04:47

Xiao Kunbing

China’s Tutoring Ban Leaves a Trail of Debt, Anger, and Broken Dreams

China has launched a tough clampdown on the $300 billion private tutoring industry. The collateral d......

2021-11-01 11:24:53

Ni Dandan

Koolearn to End Tutoring for Children Amid Education Reforms

The decision is likely to affect thousands of employees and the company’s revenues.

2021-10-26 08:57:06

Ni Dandan

After Heavy Rains, Chinese Consumers Now Face High Vegetable Prices

Experts say extreme weather exacerbated by climate change will further impact lives and livelihoods ......

2021-10-26 08:49:24

Wu Peiyue

Man Withdraws 5 Million Yuan in Cash From Bank Over Poor Service

The man leaving the bank with suitcases stacked with cash has bemused Chinese social media users.

2021-10-19 08:42:15

Fan Yiying

Chinese Professionals Say They Will Miss LinkedIn

Chinese users fear they’ll be cut off from international business networking as Microsoft prepares t......

2021-10-15 11:24:51

Jiang Yaling

A Shanghai Wet Market Has Fruits, Vegetables — and Prada Bags

While fashion-conscious consumers have crowded Wuzhong Market, some vendors are asking how the brand......

2021-10-09 11:00:58

Jiang Yaling

Shanghai’s Coffee Culture Is All About Boutique Cafés and Big Chains

As big players expand their footprint, smaller and independent coffee shops are not just competing b......

2021-10-01 05:02:19

Jiang Yaling

China’s Tutoring Sector Faces Massive Layoffs and Shakeups

The New Oriental education service is reportedly letting go 40,000 staff as the education clampdown ......

2021-09-27 09:08:34

Ni Dandan

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