Newsletter: Sexist Remarks by Yu Minhong — Leader in English Education Amasses Public Resentment

Here is this week’s roundup of China tech stories.

“The degenerating behavior of women is what’s causing China’s downfall.” Yu Minhong (Michael Yu), founder of China’s largest English training school New Oriental recently said in his speech that aroused public resentment, with obvious sexist implications.

Chinese people have always been creative when it comes to inventing holidays like the Internet Valentine’s Day May 20 and May 21. Here is a list of five of the most interesting unconventional holidays in China.

Stan Lee and Jin Yong — the father of wuxia novels, two great creators of the east and the west passed away in the course of two weeks. Both the Marvel universe and Jin Yong’s martial arts world have countless ties to the real world, with deep-rooted historical and political implications. May they live forever in the vast universes they created!

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Editor’s Pick

Five Most Interesting Unconventional Holidays in China

Stan Lee and Jin Yong — Creators of the Universes of Marvel and Wuxia

Sexist Remarks by Yu Minhong — Leader in English Education Amasses Public Resentment

Unhygienic Practices in Chinese Five-star Hotels

Market Briefings

ByteDance’s News Aggregator Jinri Toutiao Appoints New CEO

Xiaomi’s Q3 Earning Report Show Steady Growth Amidst Downward Market Trends

Renren, the Faded Facebook of China, Disposed at $60 million

Chinese Co-working Giant Ucommune Raises $200 Million for Further Global Expansion

Global Smart Speaker Shipments Grew by Nearly 200%

Cross-border

Mobike Partners with Louis Vuitton to Provide Location-Based Services

China’s Largest Ride-hailing Company Launches Research Lab in Canada

Alipay Launches Social Innovation Challenge with NUS Enterprise

Podcast

In episode 30 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Renren Inc., the closest Chinese analogue to Facebook. They follow the winding history of Renren, starting with the background of its founder, Joe Chen.