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Confident PBOC no longer dances to Fed tune

The United States Federal Reserve's latest interest rate hike has imposed pressure on the yuan in terms of its exchange rate with the US dollar. This time, though, the People's Bank of China did not follow the Fed to raise China's domestic interest rates. Instead, it has continued its monetary expansion aimed at easing the tension in its credit market recently. After one and a half years of anxiety over capital flight, the central bank has regained its confidence to implement an independent monetary policy.

Basic Law vital to HK's success and stability

Hong Kong has maintained its prosperity and stability in the two decades since its reunification with the motherland. The Hong Kong Special Administrative Region has also seen the successful implementation of the Basic Law over the past 20 years.

Misleading visitors to China won't help Japan

Japan has warned its citizens visiting China about activities that could raise suspicion of their being engaged in espionage, and urged them to beware of "a possible rise in anti-Japan sentiments or demonstrations" in China. Last month Japanese media reported that six Japanese nationals, detained in East China's Shandong province and South China's Hainan province in March, are under investigation for violating Chinese laws.

EU reality kicks in as haggling begins over UK's divorce

At midnight on New Year's Eve 1973, a British flag was raised in front of then-European Economic Community building in Brussels marking the start of the United Kingdom's full membership of the project. That day, British Prime Minister Edward Heath said membership would bring prosperity to his country.

Australia's groundswell of bias counterproductive

That Australian Prime Minister Malcolm Turnbull labeled China a "frenemy" at an event last year was leaked by Australia's Fairfax Media on Friday shows some in Australia are intent on trying to disrupt the generally rosy picture of bilateral cooperation by continuing to whip up anti-China sentiment.

U-turn to reassure Qatar

US Secretary of Defense James Mattis and his Qatari counterpart Khalid bin Mohammad al-Attiyah recently signed an initial agreement for a $12-billion sale of US-manufactured F-15 fighters to Qatar.

Relationships between universities and their enterprises need clarifying

ON FRIDAY, THE CENTRAL INSPECTION GROUP ANNOUNCED the results of its inspections of 14 key universities. Of all the problems it found, corruption among university-owned enterprises was the most common - 13 of the 14 universities inspected were found to have this problem. Beijing News comments:

Basic eldercare is a government obligation

THE STATE COUNCIL, China's Cabinet, recently issued guidelines on care services for the elderly. Based on the needs of senior citizens, the document sets out principles for the eldercare industry, as well as the welfare the elderly should enjoy, ranging from basic services, public facilities, to health and cultural services. Beijing Youth Daily comments:

Vocational school's soft exam shows it's time for a shake-up

ONE OF the end-of-term test papers of a vocational school in Zhengzhou, Henan province, began with three questions that contained their answers. The municipal education bureau said that the school lacks quality control of exam papers and is investigating. Southern Metropolis Daily comments:

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Pilot zones for green finance reform and innovations

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