Curb graft to boost growth, reduce poverty

Corruption is perhaps as old as human civilization. But with steadily growing population, accelerating economic activities, and intensification of global inequalities, it has become more commonplace and pervasive. Alan Greenspan, former chairman of the US Federal Reserve, has said: "Corruption, embezzlement and fraud are all characteristics that exist everywhere! It is regrettably the way human nature functions, whether we like it or not".

Targeting China Japan pivots to Southeast Asia

In advance of the G7 summit, which the island nation will host this month, Japan is increasing its efforts to interfere in the South China Sea issue.

Time Manila changed its aggressive policy

With the Philippines set to elect a new president on Monday, the international community is waiting to see whether the new government takes measures to improve Beijing-Manila ties, which have been plagued by rising tensions over the maritime dispute between the two sides in the South China Sea.

Debts spark calls to split up China railway corp

Mounting debts at State-owned China Railway Corp Group have sparked calls to split up the country's main railway service provider. A railway expert said on Friday the central government should divide the CRC into several regional companies with a shareholding structure to maintain a healthy growth.

Expo shines light on next generation of jewelry pieces

Sales of expensive precious metal and natural gem jewelry have dropped, but those embedded into wearables or smart devices are becoming increasingly popular, according to traders and experts attending the Shanghai International Jewelry Expo 2016 this week.

New H3C Group targets government procurement deals

New H3C Group, a newly formed joint venture between State-owned Unisplendour Corp and Hewlett-Packard Enterprise, will be targeting emerging technologies and government procurement deals to boost sales, company executives said on Friday.

IT firms close free cloud services

Leading Chinese tech companies are shutting down parts of their cloud storage services for individual users, as the government intensifies crackdown on pirated movies and pornographic films being distributed through the new channel.

Backdoor listings under scrutiny

The road for the overseas-listed Chinese companies to return to the domestic A-share market could get bumpier, after the securities watchdog said it was putting closer scrutiny on backdoor listings to curb feverish speculation and possible market malpractice.

ICBC Chairman Jiang is set to retire

China's largest commercial lender by assets is on the verge of replacing its chairman, people with knowledge of the matter said on Friday. They said Jiang Jianqing, 63, is set to retire from his position as chairman of Industrial and Commercial Bank of China Ltd.

IN BRIEF (Page 7)

Tsai cannot keep dodging 1992 Consensus forever

With two weeks to go before Tsai Ying-wen delivers her inaugural speech as the new leader of Taiwan, it looks increasingly clear that the current impasse between the Chinese mainland and the new caretakers in the island will not end any time soon.

Vietnam trip leaves sour taste

Thanks to their deepening pockets, Chinese tourists are welcome across the world. Quite a few countries have made their visa procedures easier to lure this ever-growing group that spent $200 billion overseas last year.