The Shanghai Banking Regulatory Commission fined seven commercial banks recently for breaking rules, including not properly determining cardholders' ability to repay loans.
In the age of globalization, the interests of countries have never been so closely interconnected. More and more Asians have come to realize that Asia is a community of shared destiny.
Never has rule of law been talked about so much in China's modern history. This is all because of the fourth plenary session of the 18th Party Central Committee in October, which for the first time in the history of its national plenary sessions made "governing according to law" its major topic.
IF THEY REALLY WANT RELATIONS WITH CHINA to substantially improve, earnestness to build political trust is needed from the Japanese government and Prime Minister Shinzo Abe. But we doubt that Abe and his cabinet have it.
It seems Japanese leaders were not serious about reaching a consensus with China, they only used it as a stepping stone towards a bilateral summit meeting, and are scrapping it now that has ended.
Chinese President Xi Jinping and US President Barack Obama have made a landmark joint announcement on climate that will provide a major jolt of momentum for international climate action. By putting clear emission targets on the table, these two leaders have made it clear they understand the risks of climate change - and the urgency of action.
Faced with a tanking economy and plummeting ratings, Japanese Prime Minister Shinzo Abe dissolved the House of Representatives last week and called snap polls next month in an attempt to revive his faltering leadership.
For people in North and South China, mid-November generates different feelings. Northerners heave a sigh of relief as they welcome central heating that will guarantee cozy indoors for four months even if the temperature outside dips well below freezing point, while southerners brace themselves for the long and unbearable winter ahead.
The term refers to corruption among grassroots officials, some of whom have been exposed by the ongoing anti-graft drive to be involved in huge illegal rackets.
A student threw hot water on a teacher at East China University of Political Science and Law in Shanghai recently when he criticized her for missing a class, reflecting the rampant lack of reason in society, says an article in Procuratorial Daily. Excerpts:
Running is becoming increasingly popular in cities because it is a good way of keeping fit. More importantly, it signifies a society's awakening against the slavery imposed by the modern way of life, complete with the Internet, mobile phones, iPads and apps which make people lazy, says an article in Xinhua Daily Telegraph. Excerpts:
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
