By John Foley
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
1. Cancer money:
The Stand Up to Cancer telethon -- simulcast Friday night on all four major broadcast networks and 28 cable channels, and live-streamed on Yahoo and Hulu (available on YouTube here) -- reminded me of a story I have long wanted to read: How much money is being spent on cancer research, where is it going and how well is it being spent?
In 1997, Britain returned Hong Kong to China after some 150 years of colonial rule. In exchange, China agreed to a set of principles: Hong Kong would maintain its capitalist system for half a century, by which point its chief executive and members of the legislature would be elected by universal suffrage. As the thinking went, “one country, two systems” would suffice in the interim; Hong Kong and the Mainland would surely converge on democracy in the half-century to come.
By Breakingviews columnists
The authors are Breakingviews columnists. The opinions expressed are their own.
China’s e-commerce colossus is hitting the road for a $100-billion-plus IPO. But a spectacular growth story comes with quirks, including bizarre governance and founder Jack Ma’s penchant for offbeat deals. Breakingviews offers a punchy primer on the risks and rewards.
By William Hong
Even after I set out to visit his family, the story of Yang Hongnian and his seven children sounded unbelievable to me. As I stood in front of his makeshift house, which is just 20 meters square, I still wasn’t sure it could be true.