China Eastern to spend $439m for stake in Air France-KLM

China Eastern Air Holding Co said late on Thursday it will pick up a 10 percent stake in Air France-KLM Group for about 375 million euros ($439.4 million).

SOEs stress financial risk control

Country highlights deleveraging and capital structure optimization

Healthcare platform will help source medicines for patients

Alibaba Group Holding Ltd plans to set up an online healthcare platform to help patients source medicines.

WeWork revs up its expansion in Chinese mainland

WeWork Cos, a global player that offers co-work spaces, said it will invest $500 million to expand its business and staff in China.

Australia should address its anti-China tendencies

When the new school term began in Australia recently, posters appeared on the campuses of some universities warning Chinese students not to enter the university buildings. Such racism should be condemned by the whole of Australian society, and the relevant authorities should do more to guard against the spread of anti-China sentiment in universities.

Environmental commitments

After special environmental inspections by the top environment watchdog exposed some serious issues, seven provincial-level governments including Beijing and Shanghai recently made public their rectification plans.

Removing rotten apples will help e-commerce sites court consumers

ON WEDNESDAY, Fengxian district court in Shanghai ruled that a seller of fake products compensate Alibaba's online marketplace, Taobao, on which the defendant ran his business, 120,000 yuan ($17,824). Legal Daily comments:

Kids left alone require govt care

A BOXING CLUB IN CHENGDU in Southwest China's Sichuan province has reportedly adopted over 400 orphans and left-behind children and is training them to be fighters. Changjiang Daily commented on Thursday:

Disasters must not be windfalls for the greedy

POLICE IN SUIDE COUNTY in Northwest China's Shaanxi province have banned locals from collecting unattended goods after torrential rain caused flooding over the past few days. Beijing News commented on Thursday:

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India's move carries dangerous overtones

In mid-June, Indian troops crossed into China at the Sikkim section of the border, instigating a standoff with Chinese troops. This is arguably the biggest crisis facing the two countries since the 1962 border war, because there is still no sign of the Indian troops ending their trespass into Chinese territory.

Mitigating climate threat to China's food security

China is already experiencing the effects of climate change. According to the Third National Assessment Report on Climate Change, the average temperature of China's land area rose by 0.9 Celsius to 1.5 C from 1909 to 2011, which is higher than the global average. It is projected to rise another 1.3 C to 5 C by the end of this century.