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.
Russia has been carrying out airstrikes against terrorist targets in Syria since Sept 30. Its direct military involvement in the country could be a game-changer for efforts to combat the Islamic State terrorist group.
CHINESE SCIENTIST TU YOUYOU was named one of the joint winners of the 2015 Nobel Prize in Physiology or Medicine for her role in creating a drug that proved effective in fighting malaria. Comments:
SEVERAL DOMESTIC media outlets recently criticized an elderly Chinese tourist for "pretending" to be hit by the car of a Japanese restaurant and asking for 100,000 Japanese yen ($833) as compensation in late August. However, a few days ago it was proved the tourist had been hit by the car while taking pictures and was sent to hospital. Comments:
SEVERAL TOURISTS who visited Qingdao, Shandong province, during the National Day holiday were charged 38 yuan ($6) a shrimp at a seafood stall. Such attempts to fleece tourists has stirred up heated discussion on the Internet. Comments:
After the Purchase Manager Index, seen as a barometer of the economy, fell to 47 in September for the first time this year and other disappointing data, aroused widespread speculation about a "hard landing" for China's economy, many worried that China's slowdown might have a negative effect worldwide.
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