DURING THE FIRST THREE QUARTERS OF THIS YEAR, nine provincial areas including Beijing, Shanghai, and East China's Jiangsu province, raised the minimum wage by about 10.7 percent on average, fueling concerns about "overburdened employers". Raising the minimum wage is justifiable and has little to do with enterprises' struggling to lower their costs, said Beijing Youth Daily on Saturday.
ELECTRIC BICYCLES and tricycles have become a sore point in Beijing's traffic situation, Legal Daily commented on Saturday:
While global leaders incessantly pontificate about emission-reduction targets, pollution-related respiratory complications continue to kill millions of people, many economically vulnerable and politically underrepresented. The data are clear about the urgency for intervention, and the content of good policy is no mystery. The greatest hurdle is the political indifference implicated in repeated policy failures.
Once shot for commercial promotions and coupled with cheesy jokes, Chinese online video dramas now appear to be flourishing thanks to China's booming "Internet Plus" economy. According to a recent report on video series made by video websites such as Youku Tudou and iQiyi, an estimated 2,000 episodes will be produced by the end of this year, taking the 2016 total to more than 5,000, almost 250 times the figure in 2009.
Japanese Prime Minister Shinzo Abe was the first foreign leader to meet with the US president-elect, and Japan's media excitedly seized on anything that could be regarded as a positive signal from the high-profile meeting on Thursday between Abe and incoming US President Donald Trump. Their smiles, and the gifts they presented to each other, were believed to betray there was chemistry between them during their meeting in Trump's penthouse in New York.
US President Barack Obama's landmark Trans-Pacific Partnership Agreement was already on life support before his successor, Donald Trump, promised American voters worried by the impact of globalization that he would kill it and bury it.
Like the "rebalancing to Asia-Pacific" strategy of US President Barack Obama, the Trans-Pacific Partnership Agreement also faces uncertainty with Donald Trump, who will enter the White House on Jan 20, vowing to "kill" it during his presidential campaign.
"Timing isn't everything - it's the only thing" is a mantra I used to hammer into my students and now into my staff. President Xi Jinping is visiting Ecuador, Peru and Chile, during which he will also attend the 24th APEC Economic Leaders' Meeting in Lima on Saturday and Sunday, at a critical time for Sino-Latin American relations. Needless to say his visit may have a lasting impact on China-Latin American relations.
When the bodies of three Chinese soldiers were taken home from Mali and South Sudan in June and July, the shock waves felt throughout China reminded people how dangerous peacekeeping had become.
The surrendering to justice of China's most wanted fugitive Yang Xiuzhu on Wednesday is a major achievement for the country's anti-corruption efforts.
The central parity rate of the yuan dropped 97 basis points to 6.8592 against the US dollar on Wednesday, the lowest since Aug 19, 2008.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
