Student management

CX Daily: Student depression hides anxieties about jobs and Covid

Covid19 /

In depth: Student depression hides anxieties about jobs and Covid

In the small six-bed dorm, Dai Chang could only cry when he is smothered under his blanket so as not to disturb his roommates. The student from Xi’an, in northwest China, had lost not only her daily routine, but also her appetite, a week after being locked down on her university campus. She cried herself to sleep most nights.

Dai finally left home 20 days after the campus was locked down, but her mental state did not improve. At home, she struggled to suppress the urge to self-harm and often broke down in uncontrollable tears. She was admitted to a psychiatric unit in February, diagnosed with depression and prescribed medication.

Shanghai intensifies Covid restrictions after spike in cases spark concern

Use /

Some Chinese colleges do not allow students to graduate without proof of employment

Some Chinese universities and colleges, under pressure to maintain employment rates for their graduates, asked students to provide employment contracts before allowing them to graduate, leading some students to submit fake employment contracts.

In response, the Ministry of Education (MOE) has pledged to strictly verify employment data through measures such as contracting third-party agencies to investigate and encourage residents to report such cases, according to a statement (link in Chinese) published this week.

FINANCE & ECONOMY





In recent years, trust companies have been told to reduce the size of their channeling businesses, reduce the size of their non-compliant financing businesses and accelerate the disposal of risky assets. Photo: CGV

In recent years, trust companies have been told to reduce the size of their channeling businesses, reduce the size of their non-compliant financing businesses and accelerate the disposal of risky assets. Photo: CGV

Trust /

Regulatory reform forces Chinese trust companies to cut subprime lending

After four years of regulatory reform, Chinese trust companies are gradually get back on your feet.

Regulators have pushed plans to strengthen oversight of the $3 trillion cash industry to help contain risks stemming from the shadow banking system, which has seen a series of crises, including those at Sichuan Trust Co.Ltd. and listed in Shanghai Anxin Trust Co. Ltd.

CMA /

China deploys asset management giants to clean up small banks

China’s top banking regulator is pressuring giant government asset management firms to play a bigger role in de-risking non-performing assets for small and medium-sized banks, Caixin learned people close to the case.

The China Banking and Insurance Regulatory Commission (CBIRC) has issued new rules for asset management companies (AMCs) regarding the acquisition and disposal of such assets and participation in the design of asset restructuring plans. banks, the sources said.

Obligations /

China to sell $3.46 billion worth of treasury bills to Hong Kong

Chinese Ministry of Finance unveiled a plan Monday to sell 23 billion yuan ($3.46 billion) of yuan-denominated treasury bills in Hong Kong this year.

The bonds will be issued in four batches, with the first issuance of 7.5 billion yuan of notes scheduled for June 15, the finance ministry said. The maturity periods of the bonds will range from two to five years.

Quick shots /

bank of china joins four global institutions as part of the green banking initiative

Lin Huawei: Missions of international organizations and roles of China

COMPANY & TECHNOLOGY





longread10

The National Press and Publications Administration (NPPA) posted on its website on Tuesday night a list of national titles that have obtained licenses.

Games /

Tencent and NetEase are absent from new game approvals in China

Chinese regulators Authorized publishing licenses Tuesday for 60 online games in the second batch of new title approvals this year after an eight-month suspension – leaving out industry titans Tencent Holdings Ltd. and NetEase Inc. again.

The National Press and Publications Administration (NPPA) posted on its website on Tuesday evening a list of national titles to which licenses have been granted, including computer and mobile games developed by Perfect World, Mihoyo and Migu Culture Technology. Co.Ltd.

Solar /

Biden’s Southeast Asia solar tariff reprieve a bright spot for Chinese growers

The main Chinese producers of photovoltaics (PV) can see a push in their exports, analysts said, after US President Joe Biden ordered a temporary halt to tariffs on Southeast Asian solar suppliers, many of which are backed by Chinese companies.

In a Monday statement the White House described as an “emergency declaration,” Biden said solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam will get a two-year reprieve on all tariffs as the United States seeks to repair “threats”. the availability of sufficient power generation capacity to meet expected customer demand.

Amazon /

Amazon strikes deal to supply data tools to Hong Kong industrial park

Cloud computing giant Amazon Web Services (AWS) sealed a deal to provide some of its datasets and data technology to companies in a Hong Kong industrial park that is home to more than 1,000 technology companies.

The partnership will see the US tech giant and Hong Kong Science and Technology Parks Corp. to create a series of programs that provide qualified local researchers with access to pandemic and cancer datasets on AWS platforms, according to a joint statement released on Monday.

Quick shots /

Driving assistance solution the Minieye firm pulls in extra money

ASML to grow Chinese staff 14% as Covid disruptions ease

Long read /

Archive interview: Lee Hsien Loong on what Singapore can — and can’t — teach China

GALLERY





longread10

Yunnan butterflies hatch en masse

Newsletter recommended for you /

Caixin Must-Read Newsletter brings you the best of our coverage and must-read stories. You can opt-in now and get free, hand-picked media coverage delivered to your inbox every week.

Thanks for reading. If you haven’t already, click here register.