Chinese firm shrug at rising debt
- Rongsheng, a Chinese shipbuilding company, debt six times than three years ago;
- accessible loans may be good news for struggling companies, could be bad news down the road;
- exacerbate overcapacity, solar panel, steel sector, resource not going to the most efficient firms;
- (Zhang Weiying) currently, doing businesses in China is still a privilege, not a right.
- Rongsheng is a vital part of local economy in Rugao, paid more taxes than the next seven biggest firms, though in good years the tax bills dwarfed by government subsidies;
Party eyes ‘red-state model’ to drive Republican revival
- Sam Brownback, Kansas state governor, to create a red-state model;
- focus: fiscal innovations, slash income taxes while increasing sales taxes; the supposition is that tax cut will spark more growth, hence more revenue from all taxes, including sales taxes;
- the tax gambles in the red states, sharply contrast with proposals put forward by some Democratic governors — unsually stark divisions;
- Republican critics worry that state’s schools and infrastructure will suffer; shift burden to less affluent;
Zahra’ Langhi: why Lybia’s revolution didn’t work — and what might
- end Qaddafi but replaced by another Qaddafi-like regime?
- “Mercy instead of revenge, collaboration instead of competition, inclusion instead of exclusion — these are the ideals that a war-torn Libya needs desperately.”
- “Peace has an alchemy: … the intertwining, the alternation, between the feminine and masculine perspectives.”
Tyler DeWitt: hey science teachers — make it fun
- “If a young learner thinks that all viruses have DNA, that’s not going to ruin their chances of success in science. But if a young learner can’t understand anything in science and learns to hate it, [then] that will.”
- (My comment) This is quite a interesting point. No one will deny the importance of vivid introductory story for middle juniors. And this brings us another look of our primary and secondary education system, which in my opinion, is still superior than its American counterpart, both in terms of cultivating a good sense of “science” (scientific thinking), and of making students believe it is a cool thing. What might be lost in our system, or at least worth thinking twice is whether we can efficiently explore students’ inner interest towards science, or broadly, any subject.
Tillett Wright: fifty shades of grey
- photographed 2,000 people who consider themselves somewhere on the LGBTQ — they are just looking the same as people who are not.
- “My mission to photograph gays was inherently flawed, because there were a million different shades of gay.”
- “There are just as many jerks and sweethearts and Democrats and Republicans and jocks and queens and every other polarization you can possibly think of within the LGBT community as there are within the human race.”