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Extra! People's Daily: Xi Jinping Photo Spread, No News On Market Crash

China's President Xi Jinping is featured three times on today's front page of Chinese state-owned newspaper People's Daily. Xi arrived in Ufa, Russia on Wednesday for a flurry of diplomatic activity ahead of the BRICS and Shanghai Cooperation Organization (SCO) summits.

The Chinese leader is pictured shaking hands with Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, both of whom are in Russia for the meeting of BRICS. BRICS is a group of emerging economies that also includes Brazil and South Africa, whereas the SCO is a military and political organization that brings together China, Russia, and the Central Asian states.

Curiously, despite mentioning mid-level meetings between the Chinese government and Mexican and Belarusian officials, today's front page makes no mention of the dramatic stock market crash in China. The Shanghai, Hong Kong and Shenzhen exchanges were in freefall Wednesday, and have lost 30% of their total value since June.

ABOUT THE SOURCE: People's Daily is a state-run newspaper in China founded in 1948. It is currently published worldwide with a combined circulation of more than three million.

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Society

India Higher Education Inferior Complex: Where Are The Foreign University Campuses?

The proposed UGC guidelines are ill-conceived and populist, and hardly take note of the educational and financial interests of foreign universities.

Image of a group of five people sitting on the grass inside of the Indian Institute of Technology campus.

The IIT - Indian Institute of Technology - Campus

M.M Ansari and Mohammad Naushad Khan

NEW DELHI — Nearly 800,000 young people from India attend foreign universities every year in search of quality education and entrepreneurial training, resulting in a massive outflow of resources – $3 billion – to finance their education. These students look for greener pastures abroad because of the lack of quality teaching and research in most of India’s higher education institutions.

Over 40,000 colleges and 1,000 universities are producing unemployable graduates who cannot function in a knowledge- and technology-intensive economy.

The Indian government's solution is to open doors to foreign universities, with a proposed set of regulations aiming to provide higher education and research services to match global standards, and to control the outflow of resources. But this decision raises many questions.

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