Aug 15, 2014

GPIF law change may be shelved, Kihara says

A law to transform how the world’s biggest pension fund is run can wait and may even be shelved, said a ruling party official, contradicting his deputy policy chief who called it the top priority. Prime Minister Shinzo Abe’s team can achieve adjustments at ...

Aug 6, 2014

Xi should push rule of law

If Chinese leader Xi Jinping is serious about enacting reforms, he should implement political and judiciary changes designed to strip the party of its privilege and firmly establish the rule of law.

Jan 7, 2014

China to give as many as five privately funded banks a chance

China will allow a batch of three to five banks funded by private investment this year to operate under a trial as part of the country’s financial reforms, according to the China Banking Regulatory Commission. China will guide private investment to participate in the ...

Entrance exams get failing grade

| Dec 2, 2013

Entrance exams get failing grade

by Tomohiro Osaki

National university exams are notorious for their emphasis on book learning. Once a year, examinees throng test sites, doing their best to regurgitate heaps of facts in the hopes of getting into the university of their choice. Once done, however, the pressure to study ...

Diet reform paralyzed by hypocritical habits

| Nov 4, 2013

Diet reform paralyzed by hypocritical habits

by Ayako Mie

Indecision is a much-criticized feature of Japanese politics. Diet sessions are rife with unproductive wrangling as the ruling and opposition camps dispute the timing of the submission of bills while avoiding constructive discussions on them. Making matters worse, because the Constitution stipulates that Cabinet ...

Reforms eyed as China announces Communist Party meeting

Oct 29, 2013

Reforms eyed as China announces Communist Party meeting

The Chinese Communist Party will hold a key four-day gathering early next month, state media reported Tuesday, a much-anticipated meeting that could serve as the venue for the announcement of far-reaching economic reforms. The Communist Party’s third plenum — which traditionally sets the economic ...

Jul 18, 2013

China economy 'unsustainable': IMF

China’s economy, fueled by credit and government debt that has increased far faster than official statistics reflect, is heading in an “unsustainable” direction that poses major risks in the years ahead, the International Monetary Fund reported Wednesday. In one of its sharpest critiques of ...