China's securities regulator said on Friday that it is speeding up the development of revised regulations on the major asset restructuring of listed companies, which will curb speculative backdoor listings.
London's financial community wants the proposed Shanghai-London Stock Connect plan to go ahead, insisting the United Kingdom's exit from the European Union will not make the London Stock Exchange's listings less attractive to Chinese investors.
Together and independently, the Untied States, Japan and the Republic of Korea issued harshly-worded condemnations, and warnings, after the Democratic People's Republic of Korea test fired two mid-range ballistic missiles on Wednesday.
After the Republic of Korea announced it had agreed to the United States deploying the Terminal High-Altitude Area Defense anti-missile system in its territory, which will break the regional strategic balance, reports show some ROK TV programs have encountered obstacles trying to enter the Chinese market.
AFTER THIS YEAR'S NATIONAL COLLEGE ENTRANCE EXAM in Jiaozhou, East China's Shandong province, a student stole the password for a classmate's online college application account and changed the college the classmate was applying to. Beijing News commented on Thursday:
SOME COLLEGE STUDENTS in Beijing have been found to be renting their dormitory beds to people outside the campus via websites, such as Ganji.com and 58.com. Southern Metropolis Daily commented on Thursday:
A VIDEO CLIP posted by the Shenzhen traffic police on social media showed a recent accident in which one driver deliberately crashed his car into another by turning into it at a junction. Sznews.com commented on Thursday:
In its defense white paper issued on Tuesday, Japan says China has destabilized the regional military balance and some of its maritime claims are conflicting. It also voices concern over the future of the region.
What the Republic of Korea truly needs to safeguard its national security is a friendly neighborhood rather than the US' Terminal High-Altitude Air Defense system that will pose a threat to surrounding countries such as China. The decision of Seoul and Washington early last month to deploy the system on the Korean Peninsula will break the strategic balance in Northeast Asia, threatening regional peace and stability and signal the beginning of a new Cold War.
The July 12 ruling of the arbitral tribunal in the case initiated by the Philippines against China has raised tensions in the South China Sea. At first glance, these tensions seem to be driven by the enormous interest shown by world powers in the case, which reminds one of the rhetoric of the "China threat" fallacy. The aggressive media coverage of the ruling, too, appears to be driven by China's historic rise that has given it unprecedented leverage to reassert its claims.
Pentagon Press Secretary Peter Cook issued a statement on Monday saying that on the request of the Libyan Government of National Accord, the US military conducted precision air strikes against Islamic State group targets in Sirte, Libya. He said Monday's action and those taken previously will help prevent the IS group from gaining a haven in Libya from which it could attack the United States and its allies.
By deploying its Terminal High-Altitude Area Defense system in the Republic of Korea, the United States will harm regional peace and stability, and put Seoul in a precarious position. The crux of the Barack Obama administration's "pivot to Asia" strategy is to consolidate its military presence in the region and THAAD is an important part of that move.
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Raymond Zhou
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