China's slowing economy has exacerbated the gloomy sentiment about the world's most populated market and sparked worries about massive job losses amid potential company collapses and loan defaults.
The first round of the four-party talks on Afghanistan held in Islamabad on Monday saw Afghanistan, Pakistan, China and the United States discussing a peace road map for the Afghan government and the Taliban.
The scary talk of millions of workers being laid off has heightened the pain of China's economic transformation, especially for those industries plagued by serious overcapacity such as coal, steel, cement and glass.
The sixth plenary session of the 18th Central Commission for Discipline Inspection of the Communist Party of China, the top anti-graft body, opened on Tuesday and will last until Thursday.
China's medical insurance system is in trouble. Simply put, it will not make ends meet in a few years if no steps are taken.
PEKING UNIVERSITY and Tsinghua University, the two top institutes of higher learning in Beijing, staged competitions over the weekend to recruit high-level teenage sports talents, including soccer players. Promoting soccer education is indeed praiseworthy, but it would be better done by nurturing more talented kids at a young age than simply using easier college entrance as an incentive, says China National Radio.
FRUIT CAMP, a fruit company with chain stores in over 20 cities nationwide, has reportedly closed hundreds of its shops over the past two weeks. Members of the company's loyalty program, who prepaid for products, are now finding it hard to get their money back. This is not the first such incident and the root cause of this problem lies in the judiciary failing to do its duty, says a comment on Beijing Youth Daily:
A VIDEO in which someone claiming to be a Beijing resident scolded another passenger on the subway, telling them not to come to Beijing, caused a stir when it was posted online. Yet it later transpired that the incident was staged by an actor from Northeast China's Liaoning province. More regulation is needed to stop such speculation, says an opinion article on China Youth Daily:
The European Union will take the first step on Wednesday to debate on whether to grant China "market economy status".
Chinese students have been busy with exams this week, and many of the questions in their papers have left even their parents puzzled. Just a few days ago, a mother with a PhD was reportedly perplexed by her child's homework.
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