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South China Sea to top China-US talks agenda

Since the end of last year, the increasing involvement of more outside players has made the game of chess being played over the South China Sea issue more complicated before the upcoming China-US Strategic and Economic Dialogue.

Channel animal spirits for better future

The People's Bank of China has cut interest rates three times in six months in order to lighten the debt burdens of companies and local governments.

New rules can save society from smokers

Beijing is determined to make public places no-smoking zones after its new tobacco control regulations come into force on June 1.

Some optimistic signs for China and Japan ties

Relations between China and Japan seem to have hit a more optimistic note recently, after a sustained period of discord.

'Time to face problems' as economy slows

Editor's Note: The official People's Daily newspaper has interviewed an "authoritative insider" who anonymously addressed pressing issues affecting the Chinese economy, while expressing confidence in growth prospects. In a Q&A, the insider advocated that China squarely face up to the economic problems and maintain a strategic focus in the process of restructuring.

Citibank targets wealth builders

Citibank (China) Co Ltd is banking on its growing global presence and experience to provide holistic wealth management services for new wealth builders in China.

Trade ties with South Australia to increase

More premium products and services are expected to flow into the Chinese market, following the signing of several trade agreements between South Australia and Qingdao, a coastal city in Shandong province.

IN BRIEF (Page 6)

Couples with children spend most on overseas online stores

Chinese parents, especially those with children under the age of 6, have become the largest spenders on overseas online stores, according to a survey released by payment service provider PayPal Inc on Friday.

Alibaba sets up bad-loans auction site

Alibaba Group Holding Ltd is creating a new financial business on its online platforms - auctioning off non-performing loans for asset management companies.