It is predictable that many analysts have intuitionally connected the falling foreign direct investment into China in July to the country's recent antitrust probes, in which a number of foreign companies have been investigated.
A recent survey shows that the average salary of more than 350,000 college graduates across the country this year is only 2,443 yuan ($397). The survey on post-1990 generation graduates, conducted by Peking University Market and Media Research Center and information portal website Ganji.com, also shows that more than 30 percent of the graduates have to live off their parents and about 40 percent spend all the money they earn.
By directing China's reform and opening-up since 1978 and innovating socialism with Chinese characteristics, the late Chinese leader Deng Xiaoping made a breakthrough in improving the institutional building of modern China, leading the country from the rule of man to the rule of law.
Michio Hamaji voted for Shinzo Abe's Liberal Democratic Party at the general election in December 2012 but there has been a twist since then. Hamaji, a Japanese businessman, 72, supports Abe's economic policies, dubbed Abenomics, but does not hold with Abe's vision of changing the country's Constitution.
MANY TAKE IT AS A SIGN OF PROGRESS; AS IT looks like we, too, have an accountability mechanism.
Two missions need to be completed to make the accountability mechanism truly work. First, when officials are removed from their posts, their previous administrative ranks should be removed as well. Second, the governments need to explain to the public about these officials' performances, the evaluation process and the review results. Only by increasing transparency can the process gain more people's trust.
China's youths are getting increasingly frustrated, and the government has to take effective measures to address the issue in order to maintain social peace.
The deadly earthquake that hit Ludian, Yunnan province, two weeks ago has affected the lives of more than 1 million people, over 250,000 of whom are children. In response to the natural disaster, many people have come forward to help - donating cash and essentials - and even rushed to the quake-hit area to help with relief operations.
The sordid drama continues. The investigation into the Malaysia Airlines Flight 17 crash hasn't reached anywhere, at least officially, even a month after it blew up into pieces. The Western powers, led by the United States, have intensified their diatribe against Russia. The G7 has imposed fresh sanctions on Moscow, condemning "Russia's illegal annexation of Crimea, and actions to destabilize eastern Ukraine" because those actions "are unacceptable and violate international law". The G7, comprising the US, the UK, France, Germany, Italy, Canada and Japan, has demanded "a prompt, full, unimpeded and transparent international investigation" into the downing of MH17 and called "upon all sides to establish, maintain and fully respect a cease-fire at and around the crash site ... so that the investigators can take up their work ..."
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