China’s localities need ‘profound reform’ to draw investment, state newspaper says

China’s localities need ‘profound reform’ to draw investment, state newspaper says

China’s localities should reduce their dependence on land and tax incentives and instead strengthen industrial chains and improve their business environments to attract investment, a state-owned newspaper has urged in a front-page commentary. Aggressive land deals, tax breaks and subsidies – frequently used to drive investment by local governments in past decades – have led … Read more

Chinese state media warns of privacy risk from selling government data

Chinese state media warns of privacy risk from selling government data

Chinese state media has warned that selling government data risks privacy breaches and could even put national security at risk. “Government data is characterised by a large sample size, high sensitivity, and strong aggregation, making it highly susceptible to breaches of privacy data,” said a report published on Tuesday by Xinhua Daily Telegraph, an outlet … Read more

Authorities Investigate £60 Million Student Loan Scam Targeting Higher Education Funding

Authorities Investigate £60 Million Student Loan Scam Targeting Higher Education Funding

Organised crime may be reaping the benefits of student loan fraud, amounting to £60 million in funding, within unregulated colleges in England due to inadequate oversight, as outlined in a report by the National Audit Office (NAO). The illicit scheme, which allegedly involves the creation of fake student identities and the manipulation of loan disbursements, … Read more