A college admissions cheating scheme in the United States has triggered widespread discussio
n among Chinese netizens during the four-day May Day holiday after it was reported that a w
ealthy family paid $6.5 million to assure their daughter’s admission to Stanford University.
Billionaire Zhao Tao, 52, president and co-founder of Shandong Buchang Pharmaceuticals, a company that spec
ializes in traditional Chinese medicine to fight cardiovascular disease, reportedly funneled money to William Ric
k Singer, the admissions consultant who is at the center of the explosive case brought by US federal prosecutors.
The executive’s daughter, Zhao Yusi, also known as Molly Zhao, got a spot at Stanford University by presenting h
erself as a recruit for the school’s sailing team. The price was $6.5 million, according to the Los Angeles Times.
Zhao’s mother, identified as Mrs Zhao in a statement delivered through her attor
ney, said the family gave $6.5 million to Singer for the school’s scholarship fund and other purposes.
The service sector, IT and media industries have
overtaken the education industry as major job sources for expat
s in China, according to figures from the 2019 Job Fair for Foreigners in Beijing.
The job fair was organized on Sunday by the Foreign Talent Research Center and the State Administration of Foreign Exper
ts Affairs, attracting more than 500 expats with nearly 1,000 jobs available in a range of professions.
The expat job market, once dominated by language teachers, has seen a major shift. Approximatel
y half the jobs available at the fair were in the sales, media, marketing and IT sectors, including ope
nings for journalists, brand and communication managers and software engineers.
“A certain level of Mandarin proficiency is an advantage,” said Yang Jiayin, project manager of the research center. “The be
st-paying jobs generally require the ability to speak Mandarin. Positions that require fluent spoken and written Ma‘
’ndarin tend to pay more than the same jobs without the language requirement.”
the loss and gross margin were 875 million yuan and -433 million yuan in the first nine months of last year, according to NetEase, citing the firm’s financing plan.
In April, the firm mortgaged its movable properties in Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu to raise money.
Earlier reports, including by Reuters, said the coffee chain had tapped Credit Suisse to w
ork on an IPO to raise $300 million on the US market as soon as in the second quarter of this year.
On April 10, Luckin announced plans to build new stores in ano
ther 14 Chinese cities and start selling tea-based beverages to satisfy customers’ diverse demands.
There are no more than 20 paintings ascribed to Leonardo da Vinci the Renaissance polymath and genius by art historia
ns around the world. And the majority of these works, housed at top museums worldwide, easily draw huge crowds.
Now, recent developments in high-definition reproduction technology are providing easy access to appreciating these paintings.
ments of outrage and public oppression. Crimes committed solely for economic gain
without such elements should not be handled as gang crimes, Jiang said. Also, to be iden
tified as a gang members, suspects must be aware of the mafia-style nature of the activities they are involved in.
“We’ve seen cases where judicial workers at the grassroots level have wrongly identifie
d mafia-style criminal gangs, so clarifying the legal definition is very important. Such g
angs are sometimes associated with crimes such as organizing prostitution and drug traffic
king, but it doesn’t mean that any group that is involved in such criminal activities can be handled as a mafia-style gang,”
said Lin Wei, vice-president of the University of Chinese Academy of Social Sciences and an expert in law.
According to the directive, gang members who commit minor crimes or who cause little bodi
ly harm to others, and who confess, can be given lenient sentences or even exempted from punishment. But those w
ho commit brutal crimes and cause severe harm to society won’t receive leniency, even if they confess.
perty, unlike men, women showed stronger preference to those that were close to premium education resources and transport infrastructure.
The changing trend has to some extent affected the marketing strategy of some property developers. Liu Ce, research direc
tor of Kaisa Group Holdings Ltd, a Hong Kong listed property developer, said the look of the property, inc
luding interior design and views, was becoming an important factor, while location and price were less decisive.
“The gender gap in the workplace is shrinking. Thus more women are financially capable of buying properties on th
eir own, especially those living in first and second-tier cities,” said Pan Helin, an economic commentator.
He said as the divorce ratio remained relatively high, owning property provided a sense of security for women.
“Growing salaries of women professionals have changed their perceptions about marriage,” he added. “More
women have come to realize the importance of having their own place and gaining independence.”