On June 17, 2015, the much-anticipated China-Australia Free Trade Agreement was formally signed in Canberra, Australia.
China's Foreign Ministry Spokesperson Lu Kang on Tuesday confirmed that the country will "soon" complete the land reclamation projects underway in the Nansha Islands in the South China Sea "as planned".
Given that China is now the world's largest exporter and second-largest economy, it is a matter of when, not if, the renminbi will be included in the International Monetary Fund's special drawing rights (SDR) currency basket alongside the dollar, euro, pound and yen. And the IMF's five-yearly SDR review later this year will be a good time to do so.
The hullabaloo from Chinese Internet users about newly published salary statistics is fairly predictable as only the average numbers are given without giving the median.
Japanese Prime Minister Shinzo Abe sent some positive signals during his interview with Phoenix TV on Monday. His remarks that Japan has deeply reflected upon its past and will never follow the disastrous road of war were aimed at easing tensions with Japan's neighboring countries and quell concern at home over his new controversial security bills.
One of the most prominent features of Asia since the victory in the world's anti-fascist war is the independence of countries that once suffered heavily from imperialist aggression, including China, and their sound efforts toward development.
According to a recent report from the Ministry of Finance, the national revenue for May was 1.44 trillion yuan ($230 billion), 3.2 percent lower than last month. The declining revenue casts heavy pressure on economic growth, while trillions of yuan lie "asleep" in the national coffers without being used. Comments:
Four migrant workers were detained for 10 to 15 days by the police in Pingdingshan, Cental China's Henan province, in May for "disturbing the public order".
To help its students overcome their addiction to computer games, the School of Highway Science Research at Chang'an University in Xi'an, capital of Shaanxi province in Northwest China, reportedly forced them to delete games from their computers, threatening to confiscate them otherwise. Many students complained that the school was violating their rights because the computers were personal items. Comments:
As the tragic story of the four children who died in Bijie, Southwest China's Guizhou province, last week unfolds in the media, it is clear that all of us need to do more to help the millions of children living in rural areas, especially those left behind by their parents in their search for better-paying jobs in cities.
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