In economic policy, as in most other areas, actions speak louder than words. By cutting its benchmark policy interest rates, the People's Bank of China, the central bank, has underscored the tactical focus of the government's stabilization policy, which aims to put a floor of around 7 percent on GDP growth.
The past two weeks have seen three major conferences in the Asia-Pacific region, from the Asia-Pacific Economic Cooperation meeting in Beijing to the ninth East Asia Summit in Napyidaw, Myanmar, and the G20 Summit in Brisbane, Australia, focusing on regional economic integration and security.
China's high-profile anti-corruption investigations targeted at State-owned enterprises (SOEs) are set to cleanse the commercial giants. But to prevent corruption in those enterprises in the long term, a sounder modern corporate governance regime must be put in place.
Comment on "Beijing wants to keep 'APEC blue'" (China Daily, Nov 14)
To take a "masculine" selfie, a man in Wuhu, Anhui province, asked his friend to capture the moment when they stood between rail tracks and forced a train to stop.
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.
|
|
|
|
|
|
|
|