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Chinese tutoring firms' shares tank after regulatory crackdown

A New Oriental Education & Technology Group building in Beijing, China, July 15, 2021. /CFPShares in Chinese tutoring firms tumbled Monday after Beijing unveiled reform

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Cash-crunched Danke defaults on rents, clients left in the lurch

Beijing-based rental expert Danke Apartment is struggling to get its house in order, becoming the latest entrant to the COVID hit list. The pandemic-induced cash crunch