Transatlantic alliance is likely to experience biggest shift for decades

An Italian band refused an invitation to perform at Donald Trump's inauguration as the 45th US president on Friday in Washington and some European representatives did not turn up. Meanwhile European TV viewers were left constantly shaking their heads as Trump delivered his inauguration speech.

Foreign exchange scrutiny to prevent speculative outflows

Since the beginning of 2017, the State Administration of Foreign Exchange has strengthened the regulations on individuals' purchase of foreign currency. According to the regulations, Chinese individuals that intend to purchase foreign currency have to provide detailed information of how they intend to use the foreign currency when applying; purchasing foreign currency to buy property overseas and invest in foreign countries are prohibited.

Backpedalling will not facilitate rebuilding of American greatness

From his reportedly self-written inauguration speech to the goodbye-everything-of-the-past policy statements, Donald Trump, now the 45th President of the United States, has shown his administration will be going off the beaten track.

Local leaders must be held accountable for air pollution

LOCAL ENVIRONMENTAL AUTHORITIES and other parties concerned will be held accountable for poor performance in curbing air pollution, according to the Ministry of Environmental Protection on Friday. Beijing News commented on Sunday:

Reduce heavy burden of fees on enterprises

ZONG QINGHOU, founder of China's largest beverage company, Hangzhou Wahaha Group in East China's Zhejiang province, said in an interview a month ago that his company paid over 40 million yuan ($5.8 million) in mandatory fees between January and November last year. Beijing News commented on Friday:

Clearer definition required of what constitutes real gun

A DRAFT of the revised Law on Penalties for Administration of Public Security has recently been published to solicit public opinions for a month. Southern Metropolis Daily commented on Saturday:

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United States will gain little from a trade war

Will there be a trade war between the world's two largest trading powers? Anxiety is spreading among business people around the world as the Trump administration takes office in the United States, with many saying a showdown with China is unavoidable and imminent.

Trump's protectionism has historical precedent

After his inauguration, US President Donald Trump has begun to reset the White House trade policies. But the consequences of his "America First" stance could be disastrous.

One-China policy is nonnegotiable

President Donald Trump was sworn into power on Friday, assuming a tremendous amount of responsibility for the welfare and security of Americans. And as the United States is the world's sole superpower and highly interdependent with the rest of the world, Trump also shoulders great responsibility for global peace and development.

Trump's foreign policy yet to emerge

The United States' foreign friends and partners had hoped that as the new US President, Donald Trump might temper the aggressive rhetoric he employed when campaigning, and that somehow, as one commentator put it, "the trailer would turn out to be worse than the movie".

Beijing-based Oceanwide set to buy IDG

Chinese companies are showing more ambition to reach into the international market, especially in the rapidly evolving technology sector, with a major acquisition announced on Thursday.