At the National Financial Work Conference last month, President Xi Jinping emphasized the need to prevent systemic financial risks, because finance is the core competitiveness of a country and financial security is a significant part of national security. The goal of financial work is to serve the real economy while preventing risks, for which financial reform is necessary.
US President Donald Trump will reportedly sign an executive memorandum on Monday authorizing the US trade representative to determine whether to investigate the allegedly "unfair" Chinese trade practices, which could pave the way for punitive tariffs on Chinese exports.
By persistently maintaining the standoff between its troops trespassing in China's territory and the Chinese troops stationed there, what does India want, a war with China or something else?
BEIJING-BASED DARE&SURE LAW FIRM has brought the first anti-monopoly case against Apple in China. Beijing-based newspaper The Mirror comments:
JIUZHAIGOU COUNTY in Southwest China's Sichuan province has long been famous for its scenic wonders, and tourism is a supporting pillar of the local economy. Yet a magnitude 7 earthquake on Tuesday damaged many of the local scenic spots. The most famous of them, Nuorilang Waterfall, has almost "disappeared". Beijing News calls for patience to let nature itself repair the scenic wonders:
SEVERAL ELECTRONIC payment service providers have launched "no cash days" with the aim of boosting the popularity of electronic payments. However, some of the shops participating in the activities have reportedly refused to accept cash payments from their customers. Gmw.cn comments:
The ongoing standoff between the Chinese and Indian troops in China's Donglang area seems to have spilled over into bilateral exchanges. According to reports, Shobha Karandlaje, Karnataka provincial general secretary of India's ruling Bharatiya Janata Party, has voiced support for a campaign against Chinese goods sponsored by the radical right-wing group Rashtriya Swayamsevak Sangh.
Editor's note: Since single children of their families are finding it increasingly difficult to take care of their parents, some provincial-level governments have formulated a policy to grant employees "nursing leave" so that they can fulfill their filial duties. Four experts share their views on how to better deal with the challenges of aging society with China Daily. Excerpts follow:
US President Donald Trump will sign an executive memorandum on Monday authorizing the US trade representative to determine whether to investigate China's intellectual property and trade practices, which could pave the way for Trump to use Section 301 of the Trade Act of 1974 to impose tariffs on Chinese goods and eventually trigger a trade war.
Japan's political landscape is not expected to stabilize to suit Prime Minister Shinzo Abe's style of politics despite the Cabinet reshuffle on Aug 3. Support for his administration is not constant, although approval ratings have risen slightly.
The Commerce Ministry deplores bloc's moves on steels, truck tires
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