The United States is busy preparing to deploy the Terminal High-Altitude Area Defense system in the Republic of Korea ignoring the strong protests by China and Russia, which justifiably say it will pose a strategic threat to their security. And the US-led NATO is consolidating its presence in Eastern Europe. What are the motives behind these chessboard moves?
About 30 years ago, the center of global manufacturing started moving from the West to Asia, most noticeably to China. Now the pendulum has started swinging in the other direction, to Western Europe and the United States, with sports goods giant Adidas announcing it will establish new factories in Germany and the US.
The South China Sea disputes, after so much fanfare, seem to be heading toward the right direction of peaceful settlement through bilateral negotiations.
In a reversal of the trend in recent months, the central parity rate of the yuan strengthened 203 basis points to 6.6669 against the US dollar on Friday, after rising for three consecutive days.
THE INTERNATIONAL OLYMPIC COMMITTEE will leave it up to the governing bodies of individual sports to decide if Russian athletes are clean and should be allowed to take part in next month's Olympics in Rio de Janeiro, Brazil. Gmw.cn commented on Tuesday:
WHEN A FLOOD hit Daxian village in Xingtai, North China's Hebei province, on July 20, a villager Gao Fengshou saved his mother first, then returned to save his wife and children, only to find they were gone. Luckily all turned up safe eventually, but his wife refused to talk to him and stayed in another relief station. In the fierce debate online, people were divided over criticizing Gao or criticizing his wife. China Youth Daily comments:
RECENTLY there has been heated debate online about the incident in Badaling Wildlife Park in northern Beijing, in which tigers killed one woman and injured another after the women got out of their car in the park. Xinhua Daily Telegraph commented on Tuesday:
Weeks of torrential rain have caused a series of devastating floods in many parts of China. With economic losses soaring, the impact will be felt on GDP growth. The estimated loss of more than $44.7 billion makes this year's floods in China one of the costliest non-US weather disaster on record. Only the 1998 floods, which caused a loss of about $40 billion (at 2016 dollar rate), were the same damaging.
Chinese cities are experiencing a surge in illegal dumping of demolished building materials. Even the standard six-story apartment blocks built in the 1960s average six truckloads of waste for every two-bedroom apartment, or thousands of truckloads for clearing an old residential complex.
Editor's note: Over 130 scholars, officials and correspondents from more than 30 countries and regions attended the 2016 Forum on the Development of Tibet in Lhasa, which was hosted by the State Council Information Office and the regional government, on July 7. Following are excerpts from the comments made by some of the attendees:
In his first state of the nation address delivered on Monday, Philippine President Rodrigo Duterte said he will utilize the ruling in the country's international arbitration case to peacefully resolve the country's territorial disputes. This is widely seen as his attempt to maintain a low key approach to the maritime disputes with China.
The communiqué issued on Monday after the ASEAN foreign ministers' meeting in Vientiane, Laos, shows the two sides want to work together for regional stability and prosperity.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
