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...America is nevertheless friendlier to entrepreneurship than China is—a valuable asset, Ferguson said, for the future of American finance...

Author: By Gautam S. Kumar and Julia L Ryan, CRIMSON STAFF WRITERS | Title: Harvard Professors Discuss Financial Crisis | 2/12/2010 | See Source »

...light of recent developments, new sanctions have been proposed, but China’s refusal to approve any additional penalties for Iran has stymied hopes that coordinated international action might stop Iran’s rulers from pursuing a bomb. The United States must make it clear to China that its actions are absolutely unacceptable and constitute an irresponsible policy for a nation so committed to its own “peaceful rise...

Author: By The Crimson Staff | Title: Tehran’s Atomic Ambitions | 2/12/2010 | See Source »

...less fun-loving than the average American student. We used to complain all the time to our teachers about our heavy workload, but their response was always that examinations were the fairest solution for a country in which 10 million students apply to college every year. If China adopted the American system, the argument went, not only would there be huge logistical problems, but it would also be practically impossible to prevent corruption. This makes sense. However, I would argue that logistical and fairness problems alone cannot explain the difference. If there really were a strong will, educators would surely...

Author: By Zhongrui Yin | Title: Reflections On Five Years in the U.S. | 2/12/2010 | See Source »

...factor behind such stark contrasts between the two countries is the difference between their respective college entrance systems. In China, a student has only one shot at entering college every year through the Gaokao, a college entrance examination held annually in June. My teachers used to tell us, “One point, one soccer field,” meaning that if you dropped one point of the Gaokao, you would drop back as many places in the rankings as the number of people you could fit on a soccer field. Imagine the SATs being 10 times as hard...

Author: By Zhongrui Yin | Title: Reflections On Five Years in the U.S. | 2/12/2010 | See Source »

...suspect that there is a deeper and more fundamental cultural difference between American and Chinese education. Historically in China, going to school was about acquiring knowledge. Students memorized passages from ancient authors like Confucius over and over again until students fully grasped the underlying meanings of the texts and were ready to take the Imperial Examinations—which were first instituted in 605 CE—to become a member of the Chinese bureaucracy. It wasn’t about doing community service, learning leadership skills, or building social networks. This tradition was so strong that even Mao could...

Author: By Zhongrui Yin | Title: Reflections On Five Years in the U.S. | 2/12/2010 | See Source »

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