Sino-US agreement benefits both countries and the world

The agreement between China and the United States not to engage in a trade war will have everyone heaving a huge sigh of relief except the belligerent hawks in the US. For the rapprochement comes after months of intensifying tensions and threats of ever-stronger tit-for-tat tariffs that had raised fears the world's two largest economies were intent on locking horns.

Trump's disrespect for deals shows US' disregard for others

There is no telling yet how the United States will benefit from pulling itself out of the Iran Nuclear Deal, officially known as the Joint Comprehensive Plan of Action. But what is clear is its withdrawal has led to greater political instability in the Middle East and more uncertainty in international relations.

Probe into local big shot highlights positive anti-corruption interaction

THE SICHUAN COMMISSION for Discipline Inspection and the Sichuan Supervisory Commission announced on Monday that they are investigating Yan Chunfeng, deputy Party secretary of Guangan, for allegedly serious violations of Party discipline and the law. Beijing News comments:

Time to curb housing speculation

ON THURSDAY, the National Bureau of Statistics released data on the April housing prices in 70 metropolises and medium-sized cities. From this information, it can be concluded that the realty prices in the 70 cities have been stabilizing. Beijing News comments:

Restricting speeds of e-bikes to help prevent accidents

ON THURSDAY, the State Administration for Market Regulation and the Standardization Administration co-issued new national standards for electric bicycles, limiting them to a top speed of 25 kilometers per hour and a maximum total weight of 55 kilograms. Legal Daily comments:

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Mobilizing finance for sustained growth

Asia and the Pacific region remains the engine of the global economy. It continues to power trade, investment and jobs the world over. Two-thirds of the region's economies grew faster in 2017 than the previous year, and the trend is expected to continue in 2018. The region's challenge is now to ensure this growth is robust, sustainable and mobilized to provide more financing for development. It is certainly an opportunity to accelerate progress toward achieving the 2030 Agenda for Sustainable Development.

Housing lotteries not best way to check prices

Starting from Xi'an, capital of Shaanxi province, in March, seven first-and second-tier cities including Shanghai, Nanjing and Wuhan have implemented a lottery system for housing sales.

The dark clouds over Japan ties seem to be dissipating

On May 8 when Premier Li Keqiang landed in Tokyo, the city was drenched in rain and engulfed by winds, with the early summer temperature dropping to an uncomfortable low. In contrast, China-Japan relations are warming up.

PBOC steps to bolster liquidity

The People's Bank of China, the central bank, has taken measures to bolster liquidity in the offshore yuan market by setting up more financing channels for offshore lenders participating in yuan-denominated businesses and initiating steps to improve cross-border capital flows.

Positive moves to lift energy partnership

Insiders believe China and the United States have good prospects and tremendous potential for cooperation in the fields of energy investment and trade.

China halts US sorghum dumping probe

China has terminated anti-dumping and countervailing duty investigations into imported sorghum from the United States, as domestic farmers have had difficulties selling pork products due to lower prices, the Ministry of Commerce announced on Friday.