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Posts published in “Day: July 21, 2017

Corrections, but no changes in school textbooks

by Mahadi Al Hasnat in Dhaka tribune, July 21, 2017 The National Curriculum and Textbook Board’s (NCTB) much-hyped attempt at fixing the school textbooks criticised for their content may end in nothing, as board officials say they are not bringing any major changes to the books. Faced with protests from cultural activists and secular groups, who deemed several changes brought to texts this year as a compromise to placate religious pressure groups, the government announced…

Soaring household debt a dangerous, overlooked risk in China

by Huang Xiaodong in Global Times Published: 2017/7/20 19:58:40 (the author is executive vice president of the Institute for Advanced Research of Shanghai University of Finance and Economics. The article was compiled based on his speech in early July) While there is much concern among the public about China’s local government debt and corporate debt, which are considered key sources of risk, the rising household debt and the consequent liquidity constraint should not be underestimated.…

At least two killed, 55 hurt in gas explosions at China restaurant

by He Huifeng in South China Morning Post, July 21, 2017 At least two people were killed and 55 injured in gas explosions at restaurant in eastern China on Friday morning, according to a news website report. The blasts occurred at about 8.35am at the building in Hangzhou in Zhejiang province, Zjol.com.cn reported Police believe the explosions were caused by gas cylinders in the restaurant.Windows were blown out and the street was littered with debris…