‘The Renminbi Is Failing the Chinese People’

(AFP/Getty Images)

U.S. government officials have long complained that China’s currency, the renminbi (RMB), is undervalued. In April 2010, Rep. Daniel Lipinski (D-IL) accused China of keeping its money cheap in order to make exports attractive, and thus “steal …

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Guess Who Opposes China’s New Olympic Bid

(Getty Images)

Beijing’s latest bid for the Olympic Games is getting off to a rough start. On Nov. 5, China’s Olympic Committee announced that the capital city had applied to host the 2022 Winter Olympics, with some events to …

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China’s Cram School From Hell

Students in China often take additional evening classes to prepare for the all-important college entrance examination (via Flickr/Aaron.huo)

Students taking China’s hypercompetitive college entrance exam, according to a popular saying, resemble an army of 10,000 rushing across a narrow log. So what happens to those who fall off? Each year, more than 9 …

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