For years, the G7 nations have pledged substantial governance reforms in international multilateral institutions, such as the International Monetary Fund, the World Bank and the Asian Development Bank.
The coincidence of a dreadful drop in Chinese shares and the release of a draft guideline on Monday signaling China's pension fund will be allowed to invest in the stock market does not necessarily mean that policymakers are desperate to boost the market as many retail investors might believe.
The Chinese mainland will remove the entry permit requirements for Taiwan residents from today. This means Taiwan residents won't have to apply for a visa-like entry permit to visit the mainland; only a travel pass will do.
Three days before Premier Li Keqiang and his European counterparts issued their communiqué after his one-day visit to the European Union headquarters on Monday, a source on the European side let me see a draft of the planned release.
President Xi Jinping's meeting with representatives of the prospective founding members of the Asian Infrastructure Investment Bank on Monday in Beijing shows the importance China attaches to the new multilateral lender.
The 17th China-EU leaders' meeting in Brussels, which coincides with the 40th anniversary of bilateral diplomatic relations, is expected to inject a new vitality into the strategic partnership.
Peking University and Tsinghua University, the top two universities in China, recently accused each other of "stealing" the best performers in the national college entrance exam via "abusive" social media messages. Both universities later deleted the abusive comments and pledged to conduct their student enrollment in a civilized manner. Comments:
An annual audit report released by China's National Audit Office on Sunday showed irregularities in governmental expenditures remain high, despite the central government's spending on overseas visits, official vehicles and receptions dropping sharply last year. Comments:
The organizers of a party at a water park in Taipei have been detained by police for questioning after hundreds were injured, some seriously, when colored powder being sprayed over the partygoers ignited. Comments:
In Asia, Africa, and Europe, at venues of relaxation, worship and work - should the suspected link between the extremists and the attack at the factory near Lyon, France, be confirmed - the three terrorist attacks on Friday, within hours of each other, delivered the shocking message that the Islamic State group can strike whoever, wherever, whenever they choose to.
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Raymond Zhou
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