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Average families were stressed by soaring costs of healthcare and education caused by a weird system of unaccountable public-private quasi-monopolistic institutions that have no incentive to control costs. For example, the student loan program, created in the late 1970s, may have been intended to help university students, but its real effect has been to create a massive pool of money that could be grabbed by the universities, allowing them to get huge increases in tuition costs. The current crisis of indebtedness of young Americans is the result.

BEIJING - China Life Insurance Co, one of the country's biggest insurers, posted premium income growth in the first half of 2020.

B2B e-commerce sites have become established avenues for information sharing, with 72 percent of surveyed companies reporting that they leverage online channels to compare prices and 55 percent use the platform to check key product parameters.

BEIJING - A meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee Wednesday emphasized the Party's leadership over the institutes of higher education.

BEIJING - Beijing on Friday began to carry out mandatory garbage sorting in new efforts to protect the environment.