Bank body sees steady year ahead

For Chinese banks, this year will be steady as their assets will likely grow by around 10 percent and non-performing loan ratio will be below 2 percent, according to a report of the China Banking Association released on Friday.

China strives to reduce financial risk

BEIJING - Risk control and serving the real economy will be the major tasks of China's financial sector in the second half of the year.

Practices need to improve, says UK body

Chinese companies will have to improve their corporate governance if they are to earn the confidence of United Kingdom investors, an influential report has revealed.

More coal, power mergers in the pipeline

China's coal and power industries are expected to see more mergers in the second half of the year, due to State-owned enterprise reform policies, industry insiders believe.

IN BRIEF (Page 7)

India must not misread patience as weakness

It is good that Beijing has turned down New Delhi's request for negotiation to resolve the standoff in Donglang. Accepting it would have made a simple matter complicated, or even worse, changed the nature of it.

Abe seeks to steady the ship

Japanese Prime Minister Shinzo Abe on Thursday appointed a number of veteran politicians that are close to him to high offices in the ruling Liberal Democratic Party, in a move to reverse his all-time-low approval ratings and display a united party. His Cabinet reshuffle shows that Abe is trying to heal the fractures within the party.

Recruiting websites have a duty to check companies are legitimate

LI WENXING, a college graduate from a farmer's family in Dezhou, East China's Shandong province, was found dead in Tianjin on July 14, having moved there to take up his first job after graduating less than a month ago. Beijing News comments:

Improve financial system to let cash go

THIRD-PARTY MOBILE PAYMENT OPERATORS Alipay and WeChat Pay, launched "cashfree" campaigns nationwide on Tuesday, generously subsidizing users who refrain from using cash this week. Southern Metropolis Daily commented on Thursday:

Woman humiliated by her bullying boss has law on her side

A VIDEO has been widely spread online, which shows employees at a photography studio in Guang'an, a city in Southwest China's Sichuan province, being made to drink cups of water from a squat toilet by their supervisor because they did not meet their targets. The local police have already found their tormentor and he has been detained for four days. Beijing News comments:

Cartoon

Declining hosts a test for Olympics

The simultaneous awarding of the 2024 and 2028 Summer Olympic Games to Paris and Los Angeles was met with cheers in the respective host countries. Indeed, both cities should be commended for pursuing Olympic bids in a cooperative manner. But the surface-level rosiness of the reaction to Monday's announcement belies the serious challenges ahead for the Olympic movement.