Most debts raised by local governments and companies in China are used for investment. This is different from the debts of some countries, says an article in People's Daily.
IN A RECENT REPORT about product quality in e-commerce for the latter half of 2014, the State Administration for Industry and Commerce said that only 58.7 percent of product samples sold online are certified.
THE FIRST circuit court of the Supreme People's Court opened in Shenzhen, Guangdong province, on Wednesday. Accepting cases from the Guangxi Zhuang autonomous region, Guangdong and Hainan provinces, the court will mainly handle cross-province cases and issue final verdicts that are equivalent to that of the supreme court. Comments:
Officials should supervise their relatives and subordinates around them and not connive with them to capitalize on their positions for illegal gain, said President Xi Jinping at a recent meeting of discipline inspection departments of the Party.
Using the State of the Union address to deliver a "cheap shot" is hard to imagine, but this is what President Barack Obama did on Jan 20, when he declared "...as we speak, China wants to write the rules for the world's fastest growing region".
'China will flex its military muscle." This seems to be the message many Western and Japanese media outlets are giving by speculating that China might hold a grand military parade in September.
Predictably, the European Central Bank has joined the world's other major monetary authorities in the greatest experiment in the history of central banking. By now, the pattern is all too familiar.
French President Francois Hollande has vowed to fight terrorism. His pledge came at the recently concluded World Economic Forum in Davos, Switzerland, two weeks after the terrorist attack on the offices of satirical magazine Charlie Hebdo in Paris. But is there a fear that Europe's "war on terror" will turn into a "clash of civilizations"?
The Chinese men's soccer team, in one word, has been a shame for the past decade. The team's disgraceful performance and the scandal-ridden Chinese Football Association, the national governing body of the sport, have been a source of despair for the country's soccer fans.
Many pessimistic analysts just see the slowdown in economic growth, but they ignore the positive changes taking place in the economy.
MORE THAN 20 POLICE officers were found to be dining on a Chinese giant salamander, an endangered amphibian species under national-level protection, in Shenzhen, Guangdong province on Jan 21. A journalist trying to take photos was attacked and his camera damaged; the policemen that arrived later even helped their fellows leave. Local authorities said an investigation is underway. Comments:
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
