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China's rise as an emerging economic power and the strengthening of Sino-US partnership mean a mastery of Chinese could keep American students competitive in the global market, which explains the popularity Chinese has been enjoying among young Americans. For US high school students, a high grade in Chinese could get them extra points when applying for colleges. The fondness for the time-enduring Chinese culture is another reason behind their enthusiasm of Chinese language.
China's pension system is currently coordinated at provincial levels, with provinces such as Heilongjiang, located in the country's northeast rust belt, already finding itself struggling to meet its pension liabilities.
China's private hospitals, as a beneficial supplement to the country's public hospitals, should target market segments and offer high-value service to get market approval, experts said.
China’s credit rating agency Dagong downgraded sovereign credit rating of the United States by one notch from A- to BBB+ on Tuesday, as debt repayment capacity is expected to continue to deteriorate with its massive tax cuts plan.
Chinese President Xi Jinping and his wife Peng Liyuan are welcomed at the Federal Assembly in Bern, Switzerland, on Jan 15, 2017. [Photo by Lan Hongguang/Xinhua]
