Summer Jiang

The Yu’E Bao App is Changing Banking

An online banking application in China has collected more than $66 billion from 81 million customers in less than nine months. The app, Yu’E Bao, which launched last June, gives customers a seven-day annualized return with a high yield of 6 percent, compared to the just 3 percent offered for a one-year deposit at state-controlled… Read more »

All You Need to Know About the 2014 DC Elections

People in this town pay a lot of attention to national races, but for the most part, the District’s politics—the battles and squabbles going on in our own backyards—are overlooked, forgotten and ignored. Now’s the time to brush up. With the District’s primary mayoral election just around the corner—it’ll take place April 1—and the general… Read more »

China Edging Towards Pro-Children Policy

Guizhou Province, China Many young adults in China would agree that this year’s Spring Festival, the weeklong national holiday in which family members spend quality time together, was sweet and joyful as well as stressful and irritating. Many were greeted with their relatives’ cheerful faces—as well as never-ending nagging questions about their work and love… Read more »

China’s Li Na First Asian Woman to Win the Australian Open

On Saturday, China’s Li Na became the first Asian woman to win the Australian Open. The audience at Li’s acceptance speech was greatly entertained by her sense of humor and burst into laughter eight times during her less-than-3-minute talk. She began, in fluent English, by thanking her agent for making her rich and her husband,… Read more »