The Philippines recently submitted a memorandum to the Permanent Court of Arbitration laying claim to China's Meiji Reef and Huangyan Island (or Mischief Reef and Scarborough Shoal as the Philippines calls them) and several other islands that are either submerged features or "rocks" in the South China Sea as defined under Article 121 of the 1982 UN Convention on the Law of the Sea. But that does not mean the Philippines has fulfilled the requirements for initiating an arbitration, nor does it mean the arbitral tribunal has jurisdiction to hear the case.
Government must build an effective financial market that serves transformation and upgrading and the demands of SMEs
Free e-mail, free games and free access to many online services, when describing the Internet age it is hard to ignore its "for free" aspect.
THE CONTAMINATION OF DRINKING WATER IN the city of Lanzhou as a result of a crude oil leak is horrible, but what is even more terrifying are the potential threats this accident revealed to the safety of drinking water in this northwestern provincial capital, and maybe in other cities.
Compared with global economic growth of 3 percent and three leading developed economies' growth of only 1 percent, Asia's growth of 6.1 percent last year was a seemingly unattainable feat.
Editor's note: At a symposium on "Governance: Anti-corruption and Financial Reform" at Peking University on Friday, two Chinese scholars and two South Korea scholars shared their views on how to promote the anti-corruption campaign. Below are excerpts of their speeches:
China has set a GDP growth target of 7.5 percent for 2014, but because of the economy's weaker-than-expected performance in the first quarter of this year, many institutions have lowered their annual growth forecast for the country. It seems the 7.5 percent growth target is too ambitious to meet.
Editor's Note: The following is a full-text translation of the keynote speech delivered by LiKeqiang, premier of the State Council of the People's Republic of China, at the opening plenary of the Boao Forum for Asia Annual Conference 2014 in Boao, Hainan province, on April 10.
By seeking arbitration the Philippines is seeking to 'legitimize' and gain US support for its invasion of China's territory
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