Caixin China Biz Roundup: How Yuanfudao Became One of the World’s Most Valuable Ed-Tech Players

Oct.23.2020

In today’s episode: Beijing-based Yuanfudao rakes in $2.2 billion in two fundraising rounds; China’s military to pull its sports teams from national open competitions; and central government says urban-dwelling migrants will remain the legal heirs to their rural parents’ homes.