Businesses help PRC students get into US universities
About 1,000 students from China each year compete for a handful of slots at Harvard, Yale and a few of the other most prestigious universities in America, say education consultants. This annual contest creates a lucrative market. Parents pay fees of as much as 180,000 yuan to 300,000 yuan ($29,000 to $48,000) to American and...
US crackdown on ‘visas for rich foreign investors’
The U.S. Securities and Exchange Commission is expanding a crackdown on a little-known program to dole out visas to wealthy foreigners in exchange for investments that generate jobs. The SEC is preparing sanctions against as many as two dozen immigration lawyers, people familiar with the matter said, for collecting deal fees...
More HDB owners in the red than private flat owners
More than one in three resale HDB owners are in the red. In comparison, about one in five private flat owners would sell below their purchase price if they sold at each unit’s current X-Value. Remember that X-Value is a computer-generated appraisal that is used by consumers, valuers, real estate agents, and property analysts...
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