Bota Biosciences (Bota Bio), an industrial synthetic biotechnology company, announced the completion of a Series B financing round of over $100 million. The deal was led by Sequoia Capital China and followed by China Merchants Capital.

The torrential rain that began to fall in Henan on July 20 posed a great challenge to the urban infrastructure that people take for granted. Zhengzhou is not the only city to experience extreme rainstorms this year. Germany is also in the midst of network paralysis after heavy rains.

More than a year after the Indian government imposed a ban on over 200 Chinese apps, popular China-based shopping platform Shein finds a way to make a comeback in Indian market.

On July 23, some of the industry's biggest names, including New Oriental Education & Technology Group, TAL Education Group, Gaotu Techedu and Koolearn Technology Holding tumbled after the news that China is considering asking companies that offer tutoring on the school curriculum to go non-profit came out.

There is the latest news about Chinese VC.