BEIJING: Soon, young Chinese children, including those attending first grade, will be learning the ABCs of price-to-earnings ratios, and fun facts about the Capital Asset Pricing Model .
The concept was launched a few years earlier as a pilot project in schools in Shanghai, Guangzhou and Shenzhen was rolled out. Classes had proven so popular that more schools across the country were keen to adopt similar modules. But new concerns have emerged, as news of vacant apartments straining real estate prices made headlines. While authorities wanted to keep housing prices buoyant to boost the economy, as indebtedness grew and home ownership became commonplace, they could not ignore the fact that market exuberance could fuel boom-and-bust cycles.
With the growing financialisation of the Chinese economy, effective financial literacy courses can prepare youths to navigate an increasingly complex economy and equip them with practical money management skills.We often underestimate what children are capable of, whereas it is an imperative to immerse them early in an environment that teaches them the realities of financing, the pitfalls of portfolio management and the virtues of saving early from a young age.
Chinese tech firms have jumped into the game to develop new apps, videogames and digital devices to teach them basic financial skills with some exploring how to integrate these into coursework.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commentary: Why Brexit was doomed from the startTheresa May had drawn the reddest of all lines since the moment she took over after that fateful referendum, says Sheffield Hallam University's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Why an ageing China will never overtake the US as the world’s biggest economyIn 2010, China replaced Japan as the world's second-largest economy. Many economists believe it is just a matter of time before China dethrones the United States as the world’s biggest economy – some have argued that it could happen before 2030.
Source: TODAYonline - 🏆 1. / 99 Read more »
Gen Y Speaks: Why S$1.20 will always mean something special to meTwo weeks back, I received a new debit card to replace my old card which will be expiring in late April. I went to the TransitLink Ticket Office to get a refund of the remaining value in my old card. And it was all for just S$1.20.
Source: TODAYonline - 🏆 1. / 99 Read more »
Why some green investors are passing on Uber and LyftSome environmentally focused investors are not ready to buy into Lyft Inc or Uber Technologies Inc, worried about the climate impact of this ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia PM Mahathir Mohamad 'puzzled' why Johor Crown Prince unaware of upcoming ship-to-ship hubPUTRAJAYA (THE STAR/ASIA NEWS NETWORK) - Prime Minister Tun Dr Mahathir Mohamad says that he is 'puzzled' why Tunku Ismail Ibrahim, the Crown Prince of Johor, is unaware of the ship-to-ship hub to be built in waters off Johor Baru.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Why I Play series: Golfer Jen GohJen Goh was a rising star in the Singapore golf scene before a serious arm injury threatened to derail her promising career right after it began to take off. Nevertheless, she is making a comeback after rehabilitating her arm, and maintains her desire to fulfil her golfing aspirations.
Source: YahooSG - 🏆 3. / 71 Read more »
Property Valuations in Singapore – How Much is Your Property Worth?Have you ever wondered who decides how much a property cost? Why can’t we buy a property, spruce it up real nice and sell them off at high profit? The answer is property valuation. There are different ...
Source: YahooSG - 🏆 3. / 71 Read more »
WP politician asks why Govt is allowing MBS and RWS to expand gambling space when casinos are already “viable”Casino magnate and MBS owner Shelden Adelson said that MBS has 'exceeded all of our hopes in growing leisure and business tourism in Singapore' which means commercial viability isn't an issue
Source: IndependentSG - 🏆 2. / 72 Read more »
Why did you lose your sense of smell? Doctors may not always have an answerImpaired smell is common, particularly in the elderly, but in about one in six people, no cause can be identified.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
13 Reasons Why star Ross Butler joins sequel to Netflix's teen film To All The Boys I've Loved Befor13 Reasons Why star Ross Butler joins sequel to Netflix's teen film To All The Boys I've Loved Before
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »