With the bursting of the Chinese stock market bubble in July and the slight but unexpected depreciation of the renminbi, by about 4 percent in August, the world markets have panicked and doomsayers are coming out in droves to predict the imminent collapse of the Chinese economy.
A weird but interesting trend has spread across China's social network sites: selfies of people with grass "growing" out of their heads. In fact, it's not rare to see people with hairpins with plastic grass on their heads on the streets. Some celebrities, too, have joined the trend.
The annexes of two military agreements, one on "notification of military crisis" and the other on "encounters in the air", were among the 49 outcomes of President Xi Jinping's state visit to the United States. The documents are the fruits of the two countries' continuous efforts to build a healthy military-to-military relationship and deepen strategic mutual trust.
The series of meetings at the UN Headquarters from Sept 25 to 28 to mark the 70th anniversary of the founding of the United Nations will have a huge impact on international relations, the future role of the world body and the direction of global cooperation.
Rather than how much funds it will provide, China's leading role in the global fight against poverty should be defined in terms of how many hands-on experience it can pass on to other developing countries to help them meet their development challenges and alleviate poverty in the process.
GERMANY'S FEDERAL MOTOR VEHICLE office has reportedly urged Volkswagen to set a timeline before Oct 7 for the upgrade of its diesel cars to meet the national pollution standards. Volkswagen sparked global outrage last week when it admitted cheating on pollution by installing software in 11 million diesel cars that allowed them to pass emissions tests in countries like the United States. Comments:
TIANJIN UNIVERSITY has offered a 2-hour-16-class "dating" course for "two credits" to first-year college students in 2015, which includes dating theory and practical skills. This has triggered a heated online debate. Comments:
A MAN in Wuhan, Central China's Hubei province, expressed anger, instead of happiness, on receiving a gift by mail from his daughter for Mid-Autumn Festival. "Why not visit me instead?" he is reported to have said. Comments:
The resounding endorsement by global leaders on Sept 27 in New York of the groundbreaking and transformational 2030 Agenda for Sustainable Development, more than two years in the making, sparks new hope and optimism for multilateralism.
A key decision in making US-led and China-led institutions complementary rests with the US Congress. Without the Congress ratifying the 2010 International Monetary Fund governance reforms to give greater voice to emerging markets, that will not happen. And as this is unlikely to happen any time soon, we perhaps need to start thinking of a "New Bretton Woods".
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