Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The […]
Continue ReadingChina’s Tightening Rules For Private Tutoring Affect Foreign Teachers
Move could affect tens of thousands of foreign tutors overseas A leading private education agency in China announced over the weekend the suspension of courses administered by foreign-based tutors, as the company moves to comply with new regulations for the private tutoring sector, which could affect tens of thousands of […]
Continue ReadingCan I Use Amex in China?
Visa, Mastercard, American Express and Discover are widely accepted in the big cities across China. Depending on your card, you could pay foreign transaction fees. To avoid it, use a travel credit card. Subsequently, Can I use Alipay without a Chinese bank account? If You’re On A Computer — Use […]
Continue ReadingDelta Variant Challenges China’s Lockdown Strategy
The Delta variant is challenging China’s costly strategy of isolating cities, prompting warnings to Chinese leaders that a less disruptive approach is needed to try to keep the coronavirus out of the country. As the highly contagious variant pushes leaders in the U.S., Australia and elsewhere to renew restrictions, Chinese […]
Continue ReadingChina Bans For-Profit Tutoring in Core Education
China has banned for-profit tutoring in core education to rein in the country’s private education industry and improve school-life balance for families. Dezan Shira & Associates experts suggest foreign-invested enterprises in for-profit tutoring in core education to stop engaging in such activities and change their registered scope accordingly. Foreign-invested enterprises […]
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