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How the Asian Financial Crisis Led to China’s Massive Graduate Unemployment

Students pack into a Chengdu, China job fair in 2005. Some 40,000 students competed for 10,000 jobs at the fair. (China Photos/Getty Images)
Education

A 1999 decision to radically expand higher education enrollment came amid Communist Party fears of social instability — and the repercussions are still being felt.

Grads: Get 'Globally Competent,' Get a Job

Pedestrians crossing the street in the Central Business District of Hong Kong in October 2008. (Mike Clarke/AFP/Getty Images)
Education

Whether you are eight, 18 or 28, it's clear: global competence can open up new job opportunities for you.

2012: 5 Asia Finance Trends to Watch For

China will continue to take steps to ultimately make the yuan, pictured, a convertible currency. (Flickr/David Dennis)
Business

Credit is tightening, economic growth is moderating, and property prices are finally falling, yet Asia remains one of the few true growth regions of the world, writes Sheridan Prasso.