Evening study hall is common in Chinese schools because it is seen as a way to promote equal opportunity
China has the largest education system in the world!
Since 1977, the Gaokao exam has been the only admission requirement for higher education in China.
Growing frustration about social mobility highlights serious divergence between China’s fast-growing economy and the life satisfaction of citizens.
China’s workforce is shrinking due to low birth rate.
China has mobilized its vast Communist Party apparatus to win what Xi Jinping has called a “people’s war” against the pandemic.
What to do with cashless economics?
China’s economic prospects may encounter significant headwinds as workforce reduction imposes a considerable growth restraint.
Compared to other countries, China’s relatively better performance amid COVID-19 suggests good economic growth in the near future.
The irony is Kuaishou’s “ordinary folks” ethos is about to make its founders very rich when the platform goes public in Hong Kong in February.