CFIUS greenlights Akrion sale to Naura

Beijing-based Naura Microelectronics Equipment Co Ltd announced it has finalized a deal to buy the United States' Akrion Systems LLC, a semiconductor manufacturing equipment company, following approval from the Committee on Foreign Investment in the United States.

B&R adds 200,000 foreign jobs

China's outbound investment in economies participating in the Belt and Road Initiative climbed to some$70 billion between 2014 and 2017, providing more than 200,000 jobs for local people, according to a former top government official.

Tender, bid digitalization process ramps up

China will accelerate digitalization and information sharing for tenders and bids from this year, according to officials from the National Development and Reform Commission, the nation's top economic policy regulator.

HK separatists stoop to threats and blackmail

Four years ago when the Hong Kong Special Administrative Region was preparing for an electoral reform package with the aim of implementing universal suffrage for the chief executive election in 2017, there were threats of political consequences from those seeking a new electoral system.

Trump should not be blasé about possibility of trade war

The Chinese and United States economies have become so closely interwoven through trade in the past decades that a trade war would be costly, potentially debilitating, for both countries, with neither emerging a winner.

More transparent reporting will help supervise and secure national assets

IN A BID TO IMPROVE TRANSPARENCY, the State Council, China's Cabinet, is to report on an annual basis to the Standing Committee of the National People's Congress, China's top legislature, about the State-owned assets it manages. Beijing News commented on Thursday:

Red line drawn for land reclamation

CHINA HAS INTRODUCED its toughest regulation on land reclamation along the country's coastline, vowing to demolish illegally reclaimed land and stop approving general reclamation projects. Xinhua News Agency comments:

Proposal could help cool down house prices

THE MINISTRY of Land and Resources said it is looking into the feasibility of new sources of residential land supply so the government is not the only provider. Beijing News commented on Thursday:

Cartoon

'China solution' is diversified solution

To resist the robots, invest in people

A knitting factory in Bangladesh brings together the past, present, and the future. On one floor, workers knit by hand. On another, people and machines do the work together. And on a third floor, there are only robots.

Primary care system failure adds to flu chaos

The flu outbreak this winter has been severer with more cases being reported than previous years, sparking a public outcry over the weak primary care system in the country. Large hospitals in most Chinese cities, especially in North China, were overflowing with patients showing flu-like symptoms - and that many of them were later diagnosed to be suffering from just common cold showed they could have been treated by primary care facilities instead of visiting large hospitals.