Principal Creates Principal Day to Raise Funds for Himself @NTDonChina

Uploaded July 2013 | Updated September 2026, 20 hours ago

A school principal in Hainan's Baiyi high school created "Principal Day", a day where lavish banquets were thrown for school and community leaders and money was gifted to the principal through red envelopes despite the banquet being thrown with school money. The principal was said to have used the money on himself and a mistress.

Principal Creates Principal Day to Raise Funds for Himself

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$China To Build Worlds Tallest Building in 90 Days! Ambition has always been a revered trait in Chinese culture,and that trait is showing its colors as China prepares to make the worlds tallest building and in just 90 days. That would be setting two world records and doing it in a fraction of the time it took to build the One World Trade. [VE SHOW PIC OF ONE WORLD TRADE HERE] A company in China named Broad Sustainable Building Corporation has taken on the building project. The tower will be called Sky City One when its completed and by the sounds of the name, there will be more to follow. CEO Zhang Yue first announced this grand mission one year ago and if its given the go ahead from the government, construction will begin in November. So how are they going to complete this 220 story building in such a short amount of time? The answer is prefabricated parts. A prefabricated building is assembled onsite from several factory-built units. So essentially, its like assembling a building from IKEA instead of making one from scratch. Using this method, Broad was able to build a 30 story hotel in just 15 days! After its completion in 2012, the hotel passed the national safety tests and supposedly could withstand a 9 magnitude earthquake. Sounds like a miracle technique, right? Not only does it use less resources but it is much cheeper than other building methods. So whats the problem then? Authorities have withheld permits for Sky City One because of of safety, congestion, and environmental concerns. For one, prefabricated skyscrapers are a relatively new concept and it just doesnt seem like a good idea to apply it to the worlds tallest building without some more test runs. It is also important to note that these buildings, while very stable vertically, are less so when it comes to lateral forces. So a very strong wind could potentially topple the building if theres redundant structures or if the core is not solid enough. Zhang Yue has reportedly designed new structures to solve this issue and with an estimated 30,000 residents, I hope it is. So what do you think? Do you think Broad can pull this off? Leave your comments below and dont forget to like subscribe and stay tuned for more!$

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Principal Creates "Principal Day" to Raise Funds for Himself