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05/25/2012

Stricter Rules but China still Welcomes Foreigners

BEIJING, May 24 (Xinhua) — Foreigners worry that China is becoming less friendly towards them after Beijing police recently announced a one-hundred-day campaign to curb the illegal entry, residence and employment of foreign nationals. However, the campaign should be no threat to foreigners legally residing in the country. The campaign, which will run until the [...]

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05/25/2012

Beijing to Test Hospital Reform

The fee, from 42 yuan ($6.70) to 100 yuan, depending on the qualifications of the doctor, would replace the current 5 yuan registration fee and 14 yuan consultation fee, according to local health authorities. Patients will be reimbursed 40 yuan under insurance policies. Meanwhile, hospitals will be prohibited from selling drugs at a 15-percent markup, [...]

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05/25/2012

Why is Washington so Scared of Confucius?

According to a new US State Department directive last week, Confucius Institutes in the US must obtain American accreditation. The directive also says that some academics at these institutes who are holding J-1 visas will not get their visas extended, which means they will have to leave the US. If the directive comes into force, [...]

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05/25/2012

Young Billionaires are Making it by Themselves

UP to three-quarters of young billionaires on the Chinese mainland earned their money from investments or in business rather than inheritance, the Richest Chinese Under Forty List for 2012 shows. Of 33 individuals under 40 with at least 1 billion yuan (US$158 million) in personal assets, only eight inherited from their families, according to the [...]

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05/25/2012

70 New Airports Planned, Aviation Official Says

(Beijing) – The country will build 70 new airports and rebuild or expand 101 others over the next five years, the director of the Civil Aviation Administration of China (CAAC) said on May 24. At the same time, China will add more than 2,500 planes, Li Jiaxiang said. The country had 180 airports in 2011 [...]

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