In its latest Global Financial Stability Report released on Wednesday, the International Monetary Fund said: "The Chinese authorities face an unprecedented policy challenge in carrying out their objectives to make the transition to a new growth model and a more market-based financial system."
The second deportation hearing of China's most-wanted economic fugitive Yang Xiuzhu took place in the New York City Immigration Court on Monday, without a ruling.
AT 11:30 PM ON WEDNESDAY, the last night of the weeklong National Day holiday, the nation's top disciplinary watchdog, the Central Commission for Discipline Inspection of the Communist Party of China, published on its website that Su Shulin, governor of Southeast China's Fujian province, was under investigation for suspected discipline violations. Comments:
OVER THE PAST TWO YEARS, China's Ministry of Environmental Protection has reportedly held talks with leaders from at least 20 cities and five enterprises, including a State-owned one, to address the serious local environmental pollution they were responsible for. Comments:
TRAFFIC JAMS brought expressways across the country to a halt during the National Day holidays, but holidaymakers expected them and came prepared with enough snacks, drinks and entertainments to kill time. Comments:
The recent Trans-Pacific Partnership Agreement presents Asia with good, bad and ugly scenarios.
China is increasingly present in Central and Eastern Europe. Through investments, credit for infrastructure projects and the growing number of tourists from the country, China has become more politically visible in the region.
Amazon and eBay, following their establishment in 1994 and 1995, harnessed the connectivity of the Internet to create new, more efficient markets. In the beginning, that meant new ways of buying and selling books and collectibles; but now e-commerce is everywhere, offering customers new goods and used goods - and becoming a global force in logistics and retail. Likewise, while today's sharing-economy companies may be just out of their infancy, their services will one day be ubiquitous.
US President Barack Obama has described the US-China relations as the most consequential in the 21st century, but he does not seem to care about harming it himself in order to pursue selfish political gain.
At a critical moment when trade is set to grow less than the global economy for the first time in the last four decades, there is no reason not to welcome the ambitious pact that 12 Pacific Rim countries reached on Monday to create the largest free trade area of the world.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
