China's footloose rich on the move

The South Beauty chief Zhang Lan, a businesswoman known for her high-end restaurant chains in China and her celebrity daughter-in-law, recently sparked a heated debate on the emigration of rich Chinese after she was found to possess a foreign passport. Many netizens have lashed out at Zhang for her unpatriotic "betrayal".

From the chinese press

An important reminder from Xi

Increasing upward mobility

Fostering an expanded middle-income group and unleashing its consumption potential to support national economic growth of 7 to 8 percent is of great significance for attaining more equitable and sustainable development in the next decade.

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Stock investors display double vision

For many months, stock analysts have been trying to drum up some confidence in the moribund A-share market by alluding to the growing interest of overseas investors, including many hedge funds, that are looking for bargains.

SCO's role for peace

The prime ministers meeting of the Shanghai Cooperation Organization is scheduled to be held in Bishkek, capital of Kyrgyzstan, on Tuesday and Wednesday. The meeting will inject new vitality into the future development of the regional organization as it sets out to turn the pledges and commitments of the SCO Summit held in Beijing in June into concrete actions.

Anti-corruption action

The concern the media has shown to the anti-corruption seminar convened on Saturday by Wang Qishan, secretary of the Central Commission for Discipline Inspection of the Communist Party of China, points to the hopes the public has pinned on the new Party leadership for more intensified action against corruption.

Xi offers hope of clarity

China watchers will be paying close attention to the speeches of Xi Jinping, the general secretary of the Communist Party of China, as they seek clues to the future direction of government policies. Sometimes it is not easy to do this from the speeches of Chinese officials and I am tempted to paraphrase the quote from that great wordsmith, former US president Bill Clinton, who, when speaking about the very tight election campaign in the United States in 2000, said that while the American people had spoken it was going to "take a little while to determine what they said". It might truly be said that while some Chinese officials have delivered speeches, it has taken a while to figure out what the message was.

Cold facts of a warming world

The Doha climate change conference - the 18th Conference of the Parties to the UN Framework Convention on Climate Change - is barely halfway through, but it has become abundantly clear already that a resolution on any key issue is unlikely to transpire. It is equally clear that the confabulations on climate change have become a reenactment of history - annually as farce.

An amendment that could hurt US interests

The US Senate passed an amendment to the national defense authorization bill for 2013 on Thursday, stressing Washington's right to navigate freely in the East China Sea, which, it said, was an inalienable part of Asia's maritime interests.

Pragmatism is the way forward

'Empty talk harms the country, hard work prospers the nation," remarked Xi Jinping, general secretary of the Communist Party Central Committee, when he and the other six members of the Standing Committee of the Political Bureau of CPC Central Committee visited The Road Toward Rejuvenation exhibition on Thursday. This epigram is rich in its connotations, a better understanding of which helps explain why pragmatism must be further practiced for China to realize its dream of rejuvenation.

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