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BEIJING, July 28 (Xinhua) -- China has allowed 23,000 enterprises to defer a total of 7.11 billion yuan (about 1.05 billion U.S.A supportive policy allowing the deferral of housing provident fund payments was rolled out in May and has helped enterprises and individuals tide over difficulties amid the COVID-19 pandemic, said Wang Shengjun, a spokesperson for the Ministry of Housing and Urban-Rural Development.
Wang Shengjun People Bank Ministry Of Housing Rural Development Urban Rural Development Housing Fund Payments Provident Enterprises
Source: en.gmw.cn

Is China's Reform Era Over and, If So, What's Next?

Fordham Law School professor and regular ChinaFile contributor Carl Minzner says we've arrived at “China After the Reform Era,” a development that’s “not entirely bad” but also has a “dark side.” Minzner’s conclusions, excerpted below, come from a recent essay in the Journal of Democracy. —The Editors
United States Great Wall China General British Columbia South Korea Fubing Su

Chinese Law: Using the Past to Escape the Present

Amid the skyscrapers, bullet trains and brio of contemporary China, the Mao era may seem remote. Discussions of Chinese law, for instance, typically consign it to a squib if they acknowledge it at all. But this is a grave mistake. Legal reformers the world over routinely discover that the past does not recede, and China is no exception.
Jiang Qing Li Muan Wang Huaian Ma Xiwu Wang Shengjun Border Region High Court

Inner Mongolia: Where Bankers Sold Bunk

Underlying the trial of a woman authorities say drained bank accounts and kidnapped a banker’s wife are vexing questions about account security and teller supervision at China’s state-run bank branches in Inner Mongolia.Hundreds of millions of yuan were stolen from customer accounts at the Bank of China’s (BOC) branch and the Agricultural Bank of China’s (ABC) branch in the
United States Hong Kong Zhang Lei China General Inner Mongolia Nei Mongol

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The Future of China's Legal System

In early August, Beijing held show trials of four legal activists—a disheartening turn for those optimistic about legal reform in China. What are the prospects for the development of the rule of law in China under Communist Party Secretary Xi Jinping? How do law and politics intersect in Chinese life? Has China’s legal system become more resilient, predictable, and/or
New York United States Xiao Yang Tiananmen Square Daniel Bell Jintao Wen Jiabao

North Korea: Will Kim Jong Un resume ICBM and nuclear tests?

North Korea: Will Kim Jong Un resume ICBM and nuclear tests? Zaheena Rasheed © North Korean leader Kim Jong Un acknowledges the applause during the 8th Congress of the Workers Pa... North Korean leader Kim Jong Un acknowledges the applause during the 8th Congress of the Workers Party in Pyongyang. Kim pledged to develop the countrys nuclear weapons, but also acknowledged severe economic problems [KCNA via Reuters] In one of North Korea’s biggest propaganda spectacles, thous...
North Korea P Yongyang Si United States Soult Ukpyolsi South Korea White House
Source: msn.com

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