Entrepreneurial zeal swells in Confucius' hometown

Article Abstract:

Qufu, China, is the birthplace of Chinese philosopher Confucius but it is largely ignored by Western tourists, most of whom prefer to go to Beijing, Shanghai or Guangzhou. However, Qufu is a living monument to Confucianism and it is one of the few places where China's ancient past is still alive. For Qufu residents, the Confucian legacy is a business enterprise to be taken advantage of. From street peddlers to liquor distillers, all are capitalizing on Qufu's status as the birthplace of the great ancient philosopher.

Appreciation, Confucius

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Korea's unemployed face an uphill trek: promises of lifetime jobs crumble under city's anchor companies

Article Abstract:

The growing ranks of the unemployed in South Korea is a source of distress for many companies and workers as their number continues to grow. Social sentiments attached to unemployment complicate the burden of the unemployed that is expected to reach record numbers as business failures continue. The city of Kwangju is the most affected as development lags in the region and the closure of the companies located there limits the number of opportunities open to the unemployed.

Economic Views, Social aspects, South Korea, Economic policy, Economic development, Unemployment

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Media edict is traced to tumult caused by 1994 rumor

Article Abstract:

Informed sources revealed that the Chinese government's decision to restrict access to economic information is rooted in a false rumor which caused China's main stock market indices to fall in 1994. In this incident, share prices plunged after foreign sources reported that Deng Xiaoping had died. The Chinese government states that this new policy is aimed at standardizing the flow of information and not to deny Chinese access to news and data.

Analysis, Laws, regulations and rules, Mass media, Mass media policy

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