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In China, fears of financial Iron Curtain as U.S. tensions rise
By , , SHANGHAI/BEIJING (Reuters) - A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect once considered far-fetched but now not impossible.Chinese officials and economists have in recent months been unusually public in discussing worst-case scenarios under which China is blocked from dollar settlements, or Washington freezes or confiscates a portion of China’s huge U.S. debt holdings.Those concerns have galvanised some in Beijing to revive...…By , , SHANGHAI/BEIJING (Reuters) - A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect once considered far-fetched but now not impossible.Chinese officials and economists have in recent months been unusually public in discussing worst-case scenarios under which China is blocked from dollar settlements, or Washington freezes or confiscates a portion of China’s huge U.S. debt holdings.Those concerns have galvanised some in Beijing to revive...WW…
In post-lockdown China, student mental health in focus amid reported jump in suicides
By , SHANGHAI (Reuters) - Some Chinese students returning to school after lockdown are grappling with familial conflict while others are stressing over how coronavirus disruptions have affected their academic performance, teachers and school counsellors say.The heightened post-lockdown anxiety has become a matter of central government concern as domestic media report a spate of suicides by young people. It has also led to unprecedented measures by schools and local governments to focus on student mental health - a topic that like suicide has often been taboo in Chinese society.“There have...…By , SHANGHAI (Reuters) - Some Chinese students returning to school after lockdown are grappling with familial conflict while others are stressing over how coronavirus disruptions have affected their academic performance, teachers and school counsellors say.The heightened post-lockdown anxiety has become a matter of central government concern as domestic media report a spate of suicides by young people. It has also led to unprecedented measures by schools and local governments to focus on student mental health - a topic that like suicide has often been taboo in Chinese society.“There have...WW…
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