The New York Stock Exchange listed e-commerce giant Alibaba lost $11 billion in market value on Wednesday as it stepped into a high-profile war of words with the national market regulator over alleged sales of substandard and fake commodities on its online shopping platform, taobao.com.
The warm response to China's "Belt and Road Initiatives" is a direct reflection of the world's confidence in and support for China's peaceful development, says an article in People's Daily.
The competition between two county-level cities in Henan province, Central China, to be a stop on a planned high-speed railway, is getting fiercer with mass demonstrations and appeals in the cities of Xinye and Dengzhou, urging local officials to act more firmly. This is only one of the several ongoing competitions nationwide for high-speed railways, which are widely considered to promote fast track development. Comments:
In the run-up to the Lunar Chinese New Year, which falls on Feb 19, the lack of laborers and service staff has already hit metropolises and big cities as migrant workers start to go home for their family reunions. Comments:
TWENTY-EIGHT provinces, municipalities and autonomous regions recently held their annual meetings of people's congresses and local committees of the Chinese People's Political Consultative Conference, and 26 of them have lowered their GDP growth targets. Comments:
2014 was the first year of deepening reform. By the end of the year, the central government had issued a report on the work of deepening reform in an all-around way, which has been viewed as a summary of the first year's deepening of reform.
The Silk Road Economic Belt and 21st Century Maritime Silk Road strategic initiatives are China's important step toward countering the containment policies of certain Western countries, ensuring safe navigation, improving relations with relevant countries and maintaining security.
After worshipping gold medals for decades, China has finally taken a step to separate sports from utilitarianism and accord priority to sportsmanship.
The sixth State of the Union address on Jan 20 by US President Barack Obama, which covered American domestic and foreign affairs, was the most important speech of the president after his inaugural address. On education, he said: "We believed we could prepare our kids for a more competitive world. And today, our younger students have earned the highest math and reading scores on record."
There is no doubt US politicians have not talked enough with their people about the positive aspects of US-China ties, which accounts for a large part of the full picture of bilateral relations. On the contrary, they have made increasing use of China as a bogeyman.
The residents of Beijing are no strangers to sinkholes.
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