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The government will spare no effort to ensure the healthy development of homes, the nation's top housing regulator said on Wednesday.

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.

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

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.

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