Category: Business & Economics

Comment on Russia’s interest rate cut on lower-than-expected inflation

The Russian central bank lowered its key interest rate by 0.25 percentage points to 9.75 percent on Friday, citing lower inflation and economic recovery. “The Board of Directors notes that the inflation slowdown overshoots the forecast. Inflation expectations …

Comment on the stricter smoking ban from March in Shanghai

SMOKING will be banned in all indoor public venues and workplaces in Shanghai from March next year. The ban will cover hotels, restaurants, offices, airports, railway stations and entertainment venues after a new smoking regulation was approved by …

My new company project STU-CLOUD coming soon

I set up my new students’ company called STU-CLOUD with a few friends from different schools in China recently. I planned to attend the 2016 High School Changemakers Challenge contest with this project, and I have already registered. By …

Chinese council should collect recyclables from people’s houses

I think that our local council should collect paper, plastic and recyclables from our houses directly. Currently, in Shanghai, most communities that run recycling projects ask people to bring their garbage to a center in the community. And …

Emissions trading: good or bad

Emissions trading is a government-mandated, market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants. A governmental allocates a limited number of permits to discharge specific quantities of a specific pollutant …

Microcredit: helps or worsens

Microcredit, which is a kind of small loan for the poor to help them set their own businesses and get rid of poverty, has experienced an explosive growth in the last decade. Except the non-government organizations, finding a …

Climax Orange: my Business group project

Image 1: the final prototype of Climax OrangeImage 2: the first prototype(left) and the final prototype(right)Image 3: the final design of the bottle created by Photoshop Image 4: my friends in the same group and me wearing dresses when shooting the …