Concerns over a looming US-China trade war created tremendous market volatility in the past months. But it appears unlikely that an all-out trade war between the world's two largest economies would break out.
Ignoring the call of an overwhelming majority of the international community that the United States continue to honor the Iran nuclear deal, US President Donald Trump on Tuesday withdrew the US from the deal and reimposed sanctions on Teheran.
Job creation is an immense global challenge. More than 200 million people worldwide are unemployed, many of them young people. Another 2 billion working age adults - mostly women - remain outside the workforce.
In a statement last Saturday, the White House described China's caution that foreign airlines should not refer to Hong Kong, Macao and Taiwan as independent countries as "Orwellian nonsense".
Despite the calls of the overwhelming majority of the international community for the United States to stay in the Iran nuclear deal, US President Donald Trump announced on Tuesday that he will withdraw the US from the pact and reimpose sanctions against Teheran. His decision is not only a blow to the agreement itself, it also renounces the multilateral efforts that secured the compact.
Although ties have been strained in recent times by their territorial and historical disputes, leaders of Japan, China and the Republic of Korea struck a more harmonious note in Tokyo on Wednesday.
FOLLOWING THE REQUIREMENT of the Education Ministry, 75 universities directly under its administration have disclosed their budgets for this year. Beijing-based Tsinghua University tops the list with an annual budget of 26.95 billion yuan ($4.23 billion), 10 billion yuan more than Zhejiang University (15.47 billion yuan), which ranks second on the list. China Education Daily comments:
REPORTEDLY, it only costs 30 yuan ($4.71) to buy everything you need to register with someone else's identity for use on matchmaking websites. People's Daily commented on Wednesday:
ON APRIL 15, a 6-year-old girl jumped off the sixth floor of a building with an umbrella in hand in Wuhu city, East China's Anhui province. Fortunately, she was only lightly injured. Procuratorate Daily comments:
At a conference to mark the 200th birth anniversary of Karl Marx in the Great Hall of the People in Beijing on May 4, President Xi Jinping said Marx's theories shine with the brilliance of truth even after the profound changes in human society. The most valuable and influential asset that Marx has left us with is Marxism, which "illuminated the path of humanity's exploration of the law of history, and humanity's search for their own liberation".
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