Shares slump at private tutoring firms as edtech clampdown tightens – but what does it have to do with the “German Model”?
Plus: a Houdini-esque comeback for Jia Yueting as Faraday Future goes public on Nasdaq; facial recognition AI star CloudWalk nears Shanghai IPO; and Gansu set to go nuclear in thorium-based reactor plan
Also: how Chinese brands are chasing Olympic glory; why some of China’s celebrities are feeling the heat online over Henan flood relief donations; and Beijing’s blueprint starts to take shape for its Three-Child Policy
WiC is away for the next two weeks on its annual summer break. Our next edition comes out on 20th August, 2021