At a time when US President Donald Trump's plan to impose hefty tariffs on steel and aluminum imports from China and other economies is raising the specter of a trade war, it's important to caution against policymaking based on a "misjudgment" or "wrong perception".
As China marks the 40th anniversary of reform and opening-up this year, the ultimate driver of sweeping changes in the country's socioeconomic landscape since 1978, there has been no lack of discussion about whether the commitment to reform and opening-up remains as firm as it used to be. However, most of the talk has been based on subjective impressions, rather than objective analysis.
China's defense budget has become a lightning rod for those keen to claim there is a threat from China, for whatever reason. This year has been no exception, with the announcement that China's defense budget is to grow by 8.1 percent prompting finger-pointing from the usual suspects.
MORE THAN 2,300 telecommunication equipment manufacturers showcased their products at the world's largest gathering for the mobile industry, the Mobile World Congress held in Barcelona, from Feb 26 to March 1. Beijing Youth Daily comments:
DATA from the National Bureau of Statistics show that the development gaps among Beijing, Tianjin and Hebei province shrank last year, and integration of the three places, a key development strategy of the central authorities, has progressed. Beijing Youth Daily comments:
ON FRIDAY, Baidu and Ele me, the two main online platforms for takeaway food in Beijing, launched a system that requires their food providers to disclose the ingredients and nutritional information of their food. Beijing News comments:
Premier Li Keqiang presented the Government Work Report to the National People's Congress, China's top legislature, on the first day of its annual session on Monday, which summarized China's achievements in the last five years and laid out plans and targets for this year.
"We will raise the personal income tax threshold and create expense deductions for items such as children's education and treatment for serious diseases, appropriately lightening burdens, and encouraging our people to increase their incomes and achieve prosperity through hard work."
The Government Work Report delivered by Premier Li Keqiang on Monday reflected both the rosy and not-so-rosy sides of China's economic and social development.
HOLLYWOOD, California - Hollywood is set for a reallife cliffhanger on Sunday at the Oscars - the race for best picture is coming down to the wire to cap an awards season overshadowed by scandal over sexual misconduct in showbiz.
KAZAN, Russia - Restaurant staff are taking crash language courses and prices are rising as the predominantly Muslim capital of Russia's Olympic dreams prepares to host the World Cup.
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