Bows of CEOs betray the troubles facing Japanese firms

Executives of big Japanese corporations have been seen bowing deeply at press conferences in recent years - apologizing, in Japanese style, for the misconducts of their companies.

Local govt debt to be curbed further

China will take "much stronger" moves to curb illegal or irregular borrowing by local governments, to prevent debt growth that may spark systemic risks, a senior official with the Ministry of Finance told China Daily.

Chinese telecom firms set the 5G ball rolling

Global telecom equipment suppliers and device makers can now start developing 5G hardware, after the first implementable global 5G specification was finalized, taking a big step forward to the commercialization of the next generation mobile communication technology.

NDRC plans steps to optimize industrial output

China will focus on improving the quality and structure of its industrial capacity in 2018, the National Development and Reform Commission said at its annual work conference on Friday.

Boeing plans Embraer alliance

Airbus and Boeing are teaming up with smaller regional rivals to boost sales at the lower end of their $100 billion-a-year commercial plane duopoly, posing stiff competition to China's efforts to grow its presence in the sector, said industry analysts.

US court clears sale of Vitamin World to Feihe International

A US bankruptcy court judge approved New York-based Vitamin World Inc's sale to Feihe International on Thursday, a move which will help the Chinese baby formula maker to expand into the nutrition and health business amid a saturating milk powder market in the country.

Australia should consign to history its anti-China bias

There was once an ostensibly sweet honeymoon for Beijing and Canberra, when booming trade produced overwhelming optimism about the mutually beneficial nature and bright prospects of bilateral ties.

DPP playing reckless game

Taiwan's New Party spokesman Wang Ping-chung maintained on Thursday that he has never received any funds from organizations affiliated with the Communist Party of China, as claimed by the Democratic Progressive Party-led authorities on the island, following his and three other party members' arrests in alleged connection with an espionage investigation.

Scorn that greeted health claim shows ills arise from ambiguity

A NEWS RELEASE issued by the National Health and Family Planning Commission claiming that "500 million people have access to family doctor services in China" has been met with doubt and scorn, as the figure does not match people's experience. Beijing Youth Daily commented on Thursday:

People have the right to privacy

ON WEDNESDAY, Qihoo 360 Technology announced it would permanently shut down its Jia livestreaming platform, which has been embroiled in controversy for the past several weeks, because people could watch other people go about their daily lives without their consent via the free cameras installed by the company. Beijing Youth Daily comments:

Foreign enterprises breaking laws will be duly punished

ON TUESDAY, a local court in Shanghai sentenced an entrepreneur with foreign citizenship to five months' detention plus a fine of 40,000 yuan ($6,082) because he owed 158 of his employees 600,000 yuan. Beijing News comments:

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