China's community mental health services, spearheaded by the Management and Treatment Services for Psychosis (MTSP), cater to over 4 million long-term schizophrenia patients. Despite the large number of people served, the day-to-day abilities and challenges faced by these patients are often overlook
China's central bank, known as the People's Bank of China (PBOC), has decided to keep the medium-term loan rate frozen at 2. 0%. This comes at a time when the yuan, the country's currency, is feeling some heat. The PBOC handed out loans worth 900 billion yuan (that's about $124. 26 billion) to some
China has been sending a clear message to Taiwan with recent military exercises. These aren't just shows of force; they're part of China's strategy to claim Taiwan as its own. The Chinese Coast Guard, now acting like a military unit, has been patrolling waters around Taiwan. This is a big deal becau
China recently did something unusual. They sold $2 billion worth of bonds in Saudi Arabia. These bonds are special because they’re paid back in U. S. dollars. This seems like a simple financial move, but analysts think there might be more to it. First, let’s talk about interest rates. China got rat
China's digital evolution has been significantly impacted by an unusual trait in its managers: overconfidence. During 2011-2022, researchers noticed that top managers who were a bit too sure of themselves actually drove deeper digital transformations within their companies. The key? They invested mo
China's history is rich with ancient mathematical achievements, but modern math made its way to the country much later. The first university in China was established in 1895, and the first math department opened in 1913. Early in the 20th century, many Chinese students ventured to Europe, the US, an
China's biggest shopping day of the year, known as Singles' Day, started earlier this year and ended on a high note. Despite a slow retail environment, consumers spent more than expected, according to consulting executives. This shopping event, similar to Black Friday, kicked off on October 14 and w
China's exports are skyrocketing, leaving many countries concerned about a massive trade imbalance. The gap between what China sells to the world and what it buys is growing rapidly. If this trend continues, China could hit a record $1 trillion trade surplus by the end of the year. This isn't just a
China is closely watching the US election, but many people there don’t expect much change in the tense relationship between the two countries. Whether it’s Trump or Harris who wins, it seems like US policy toward China will stay the same. The past four years have seen both tariffs and talk of better
China is facing a unique challenge with its aging population and decreasing birth rates. To tackle this, many kindergartens are transforming into senior care homes. In the eastern province of Zhejiang, a preschool in Jinhua city switched from catering to tiny tots to caring for the elderly. Zhuang Y
