As long as the entrance requirements for universities and senior secondary schools remain based on the results of national exams which primarily test students' ability to memorise, parents will pile on the same pressures.

ECONOMIST: China

For private equity investors, the final test is whether a venture will generate sufficient cash flow to service the debt they plan to pile on it in order to pay themselves big dividends and recoup their initial investment--to "get their bait back, " in Wall Street parlance.

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