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One belief technical traders hold dear is that the market is always right. But the substantial declines in China's A-share market in the past week may suggest that the market sometimes can be wrong, observers said.
Markets are a measure of economic strength but they also reflect the behavior of investors who are prone to overreactions. Commodity markets can provide another perspective on economic strength and development.
If China's robust growth over the past three decades has told a successful underdog story of a developing country amid developed economies, it is time to set in motion a similar course at home. Balanced urban-rural progress is more crucial than ever to the country's sustainable development.
The most crucial task for China in international climate talks is to seek an equal arrangement of emission rights that could guarantee its development interests and basic human rights, says Ding Zhongli, a renowned geologist and vice-president of the Chinese Academy of Sciences in an interview with China Daily.
Though China is very likely to replace Japan as the second largest economic powerhouse this year after the Unites States, the country's economy cannot rival Japan's in per capita GDP (gross domestic product), a fact that the Chinese should be soberly aware of.
The draft regulations on real estate demolition and relocation in urban areas, issued on Friday to solicit public opinion, have finally assured us that the existing anachronistic rules will be replaced.
The post-global economic crisis era is both a challenge and an opportunity for Chinese enterprises. Joseph B. Fuller, CEO of Monitor Group and senior consultant and economic observer, tells China Daily's Wang Yiqing how they can rise up to the challenge and seize the opportunity.
Coinciding with the United Nation's Jan 31 deadline when all countries are required to submit their binding or voluntary reduction targets of greenhouse gas emissions by 2020, China took a step to officially set up the National Energy Commission (NEC) on Wednesday.
The failure of the Shenzhen private courier company DDS is only the tip of the iceberg in the chaotic private express delivery business in China, experts say.
As an increasing number of people rush around Beijing to snap up deals from car dealers, those who hate cars are becoming a lost minority.
Wu Jinglian, a renowned Chinese economist, described China as being in a race against the spread of "crony capitalism".
As China races to accomplish the goals set in the 11th Five-Year Plan that began in 2006 and ends this year, many of the nation's policymakers and researchers are busy mapping out the guidelines for the next five years.
