Author: He Huifeng

Hu Youping, 54, tragically passed away after bravely intervening in an attack at a school bus stop in Suzhou. The assailant targeted a mother and child before Hu intervened, sacrificing her life to save others. Her heroic actions were praised by Suzhou police and the Japanese embassy, with tributes pouring in from around the world. Despite the outpouring of support, Hu’s family declined donations and requested privacy to grieve. The incident sparked nationalist sentiments online, prompting Weibo to ban accounts spreading hate speech. This attack is part of a concerning trend of knife violence in public spaces, with similar incidents…

Zhang, enticed by a consumption subsidy, purchased a new electric car but is hesitant to participate in the trade-in for homes program. Nationwide, the trade-in scheme aims to boost economic growth by encouraging purchases and replacing old assets. However, despite the initial success, some analysts warn of challenges ahead due to the cautious nature of the Chinese middle class. While the government is optimistic about the program’s success, concerns about debt, savings, and economic uncertainties linger. The current subsidy may have limited impact amidst rising household debt and sluggish retail markets. Various cities are implementing trade-in programs for homes, but…