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 ...
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 ...
China remains a colossus, but its future is increasingly clouded.
In light of the Fukushima nuclear crisis, the Diet enacts a law to begin a drastic, three-stage reform of the electricity sector that will free up the regionally monopolized supply system.
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 ...
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 ...
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 ...
Structural reform of the rapidly declining farm industry should begin immediately no matter whether Japan joins the Trans-Pacific Partnership free-trade regime, pundits say. Japan’s farming population stands out even amid its rapidly graying demographics. The average age of its farmers was 65.9 in 2011. ...
A health ministry panel has proposed to more than double the number of hard-to-cure diseases for which patients may receive treatment subsidies.
As for "resuscitating" education, Prime Minister Shinzo Abe appears more interested in nurturing children who will help Japan achieve its national goals.
