One of the biggest changes to the domestic financial industry during the 12th Five-Year Plan (2011-15) has been the boom in online financial services.
Barely had Chinese policymakers managed to convince global investors of the long-term value of the renminbi to check unjustified devaluation, than the United States called on China to allow its currency to appreciate further to support its economic rebalancing.
It sounds unbelievable, but it's true.
The Ministry of Education's vow to say no to vulgar words used on the Internet is a welcome and necessary move to help promote a healthy society.
CHINA'S ECONOMY grew 6.9 percent in the third quarter, its slowest pace in six-and-half years, the National Bureau of Statistics said on Monday. Comments:
LIU YUAN, DIRECTOR OF SHANHAIGUAN TOURISM BUREAU in Qinhuangdao, North China's Hebei province, reportedly cried out on hearing the news that the scenic area was stripped of its 5A-Rating on Oct 9. She said she felt guilty and ashamed and was a "sinner" to tourists and the local people in Shanhai Pass. Comments:
A VIDEO posted online showed an official at the petition office in Nanyang, Henan province in Central China, verbally abusing a petitioner. Comments:
On recent trips to the West, I've discovered that the further from China people are, the worse the economy looks.
Editor's Note: The Belt and Road Initiative proposed by China is expected to bring big opportunities to the countries and regions involved.
Since last week, US military officials and government spokespersons have raised their tone about sending the US warships within 12 nautical miles of the islands where China has recently done reclamation work in the South China Sea. Their provocative comments have once again beefed up tensions in the waters.
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