The feet of Chinese girls were broken and bound as early as the 10th century. It is widely believed that the deformed feet, which were placed in small embroidered shoes, would attract a better husband. A new study suggests feet were bound for another reason.
Chinese foot-binding is perceived today as unusual, gruesome, an antiquated fetish, an erotic tradition. For decades in China, young girls' bones were broken and their feet tightly bond in a painful p...
Innovation worries us. At one level, many perceive it as a threat to their jobs and, in fact, to their way of thinking and behaving. It challenges what they are used to. At another and more profound level, there is genuine fear of failure. After all, not all innovations succeed. Indeed, most fail. A combination of the above is often the reason why governments and institutions are usually averse to innovation and thus, change.
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The recent plunge in global equity markets has led to fears of another economic downturn - one that might be a lot worse than what we saw in 2009. So, why is it happening? Here's a rundown of the various factors -- from the China problem to the crash in oil prices to the Federal Reserve's interest rate hike - that led to a perfect storm.
MUMBAI — The potential threat of financial contagion effects on mounting concerns over the Chinese economy and global growth meltdown fears took its toll on the Indian market as well, triggering wides...