caption VIPKID Founder and CEO Cindy Mi speaks onstage during TechCrunch Disrupt SF 2017 at Pier 48 on September 20, 2017 in San Francisco, California. source Photo by Steve Jennings/Getty Images for TechCrunch The Chinese education startup VIPKid, which connects fluent English-speaking teachers with Chinese students, raised $500 million in April for a valuation of over $3 billion. The company is led by its 35-year-old high-school dropout founder, Cindy Mi, who believes the company can help bridge cultural gaps between China, the US, and elsewhere while making high-quality education accessible and increasing interactions between people of different cultures. The company faces stiff competition but has thus far succeeded in large part because of its fervent community of more than 38,000 teachers, who generally seem enthusiastic about both the mission and the opportunity for supplemental income. At the same time, some teachers of color have reported … [Read more...] about A 35-year-old who dropped out of high school had a vision of a utopian future for China, the US, and the world — and it’s led her to the forefront of a tech startup worth $3 billion
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SINGAPORE: Apart from the outlook for inflation and growth, the Monetary Authority of Singapore (MAS) will have something else to mull over when it holds its semi-annual policy meeting this month. Policymakers will likely be looking at the simmering trade tensions between the world’s two largest economies, which seemed to have moved up a gear as China on Monday (Apr 2) imposed retaliatory tariffs on 128 US products worth US$3 billion. This was in response to the earlier US levies on steel and aluminium imports, and as reports suggest that more US duties targeted at “largely high-technology” Chinese goods could be announced this week.“Risk is crystallising and words are turning into action,” said Nomura economist Brian Tan. With Singapore being an open and export-oriented economy, the recent tit-for-tat moves, which have fanned uncertainty about the outlook for global trade, is “something that the MAS cannot ignore”, he added. And … [Read more...] about Will US-China trade tensions keep MAS on neutral policy stance?
Jorge Guajardo spent nearly a decade in Mexico’s diplomatic corps, serving as consul general in Austin, Texas, from 2005 to 2007 before moving to China, where he became one of Mexico’s longest-serving ambassadors to that country, leaving in 2013. Outside of his diplomatic positions, both of which he was appointed to by presidents from the conservative National Action Party, he has worked in Mexican domestic politics, as press secretary and communications director for the Nuevo Leon state governor, also of the PAN, from 1997 to 2000, and in public affairs in the US. He remains active in Mexican politics. Business Insider sat down with Guajardo in Washington, DC, in mid-March to discuss the first year under President Donald Trump, from his perspectives as both a Mexican and a former diplomat. The conversation below has been edited for length and clarity. ‘There is still uncertainty’ caption President Donald Trump, left, at the G20 leaders summit in … [Read more...] about ‘God knows we don’t like him’: Mexico’s former ambassador to China explains how Mexico —and the world — reacted to the first year of Trump
SINGAPORE: Former world number one Lydia Ko laboured to joint 27th place with a one-under 71 after the first round of the HSBC Women’s World Championship in Singapore Thursday as the world’s top players struggled to find control under Singapore’s signature sultry conditions. Unheralded American Jennifer Song took the lead with a seven-under par 65 at the end of day one with China’s world number one Feng Shanshan left five strokes behind on two-under par. American world number two Lexi Thompson never got hot on her way to a three-over 75 as the heavens threatened to open and then caused a more than two-hour break in play with the last three groups still out on the course. Lydia Ko of New Zealand tees off during the round one of the HSBC Women’s World Championship golf tournament in Singapore on Friday. AFP PHOTO Song twiddled her thumbs in the clubhouse then finished off a day where there were no blotches and seven birdies on the 66th-ranked player’s … [Read more...] about Former golf No. 1 Ko struggles in Singapore
caption A train runs during the groundbreaking ceremony of a high-speed rail development — a Belt and Road project — in China and Thailand. source Athit Perawongmetha/Reuters China is currently undertaking what it considers the largest project of the century – building a network of railroads and shipping lanes linking itself with 70 countries across Asia, Africa, Europe, and Oceania. The main focuses of the “Belt and Road” initiative – also known as “One Belt, One Road” – are in infrastructure, transportation, and energy. Countries including India, Pakistan, Russia, New Zealand and Poland have all joined in the project. Together they make up at least a third of the world’s GDP. Scroll down to learn more about it. “Belt and Road” is a massive trade and infrastructure project that aims to link China — physically and financially — to dozens of economies across Asia, Europe, Africa, and … [Read more...] about Inside ‘Belt and Road,’ China’s mega-project that is linking 70 countries across Asia, Europe, and Africa