China exports more to the United States than the US exports to China. This fact infuriated US President Donald Trump so much that during his campaign trail he threatened to take tough protectionist measures against China. As Trump attempts to consolidate his presidency, he is unlikely to back away from that threat. And with the 19th National Congress of the Communist Party of China later this year, Chinese leaders are unlikely to yield to US pressure.
'Chinese basketball has no so-called biggest problem, but problems everywhere," Yao Ming said after being elected chairman of the Chinese Basketball Association on Thursday. Although many are excited with Yao's election and hope that he will revitalize basketball in China, the former NBA star appeared calm at Thursday's ceremony.
With the 70th anniversary of the "Feb 28 Incident" in Taiwan around the corner, the Taiwan Democratic Self-Government League, one of the eight non-communist parties on the Chinese mainland, held a seminar in Beijing on Thursday where participants emphasized the need to clarify and commemorate what happened on that day seven decades ago.
On Friday the Japanese government launched the "Premium Friday" campaign, which encourages people in Tokyo to leave the office at 3 pm on the last Friday of every month. It will be rolled out nationwide from April.
Except for the fact that it was bluntly straightforward, and the admission that he cherishes the "very good" phone call he had with President Xi Jinping, US President Donald Trump's interview with Reuters on Thursday displayed worrying misperceptions. Misperceptions that may mislead his China policies, even derail bilateral ties.
Since coordinated development of Beijing, Tianjin and Hebei province was first raised by Xi Jinping, general secretary of the Communist Party of China Central Committee, enthusiasm for the interconnected development of the three areas has grown and early fruits beneficial to local residents have been harvested, contributing to the formation of an initial vibrant and energetic development circle around the capital.
ON FRIDAY, THE TOP INSURANCE REGULATOR REMOVED YAO ZHENHUA, chairman of Foresea Life Insurance, from his position and banned him from the insurance industry for 10 years for irregular market operations, after speculative purchases of stakes in listed companies including real estate giant Vanke and leading appliance manufacturer Gree. Beijing News commented on Saturday:
CHINESE BASKETBALL STAR YAO MING was elected chairman of the Chinese Basketball Association by a unanimous vote at the association's ninth national congress on Thursday. Thepaper.cn commented on Friday:
CHEN SHUN, vice-governor of Southwest China's Yunnan province, launched a personal, off-the-record inspection of the province's tourism industry before Spring Festival, and reportedly was "deeply" shocked by what he found. Thepaper.cn commented on Saturday:
In his speech at the UN office in Geneva in mid January, President Xi Jinping addressed in great depth the subject of building of a community of shared future for mankind, which is the call of our time.
It is one thing to make promises, but quite another to keep them. The Chinese government has promised to eradicate poverty by 2020 - the target year for China to become a "moderately prosperous" society - and the country is confident this promise will be kept.
The appointment of Guo Shuqing, governor of Shandong province, as chairman of the China Banking Regulatory Commission on Friday, will benefit the financial services sector in terms of reform, risk control and coordination with regulators of related industries, said researchers and economists.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
