Repercussions of Fed's rate rise can be easily absorbed

In a vote of confidence in economic growth and job gains, the US Federal Reserve on Wednesday raised its key interest rate by a quarter of a percentage point to a range of 1.25 percent to 1.50 percent. It was the third time this year the Fed has raised the rate, and it projects three more increases next year.

WTO an important support for international economic stability

WITHOUT NAMING CHINA, the United States, European Union and Japan criticized overcapacity issues at the 11th ministerial-level meeting of the World Trade Organization in Buenos Aires, Argentina, earlier this week. The US also officially notified the WTO that it does not recognize China's market economy status. Song Guoyou, deputy director of the Center for American Studies of Fudan University, commented in an article published by the Global Times on Thursday:

Risks of electric bike batteries need addressing

AN ELECTRIC BICYCLE BATTERY that was being recharged caught fire and caused a blaze that killed five people and injured nine others on Wednesday. Beijing News comments:

'Voluntary overtime' harms employers as well as employees

LIAONING PROVINCIAL Department of Human Resources and Social Security recently said that employers do not need to pay their employees overtime if they work extra hours without being asked. Beijing News comments:

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IT, service key to quality growth

China's economy has reached a new phase of transformation, and now focuses on high-quality development instead of following the high-speed growth model. This transformation and upgrading of the Chinese economy will benefit both China and the world.

Thanks Beijing for clean air, smoother traffic

I am thinking about the advantages and benefits for cities that have twined with Beijing, an imperial city at the foot of the Great Wall and a city that has seen phenomenal growth.

Will Trump's tax cuts go the Reagan way?

Editor's Note: The Center for China and Globalization, a Beijing-based think tank, recently organized a seminar on the impact of the US tax reduction bill on other economies. Following are excerpts from the speeches delivered by three participants:

China no longer willing to be a dumping ground for US waste

There have been many stories in US news media lately about how China's ban on foreign waste has caused recycling chaos in their country.

Recalling Nanjing helps improve ties with Japan

It has been said that history is little more than the register of the crimes, follies and misfortunes of mankind. But there is a reason for that, since looking back it can usually be seen that, however complex or obscure their causes, the events are usually the result of similar fervors.

Washington and Pyongyang must back words with actions

US Secretary of State Rex Tillerson on Tuesday offered to start direct talks with Pyongyang without preconditions. "Let's just meet," Tillerson said in a speech in Washington, moving away from the stumbling block of the United States' previous demand that Pyongyang must first abandon its nuclear arsenal.

A-share market should encourage investors to take long-term view

LIU SHIYU, chairman of China Securities Regulatory Commission, said recently that building China into "a strong capital market" is an important task for the commission in the pursuit of national rejuvenation. Beijing News commented on Wednesday: