The growth momentum of the world's largest smartphone market has come to an end, as Chinese smartphone shipments declined by more than 21 percent year-on-year in the first quarter of this year, the biggest drop since 2013.
China's central bank issued the final version of the tightened asset management regulations on Friday, forbidding guarantee of investment products' fixed-yield returns and limiting leverage levels to curb potential financial risks.
Chinese internet search giant Baidu Inc's quarterly financial earnings topped analysts' forecasts, owing to the growth from its online advertising business.
The United States talks a good game about "unfair" trade practices. But the actions it has taken belie its words.
The foreign ministers of the G7 must have an ax to grind. They again pointed accusing fingers at China over the South China Sea and East China Sea and criticized the human rights situation in the country in a joint communiqué early this week.
With the world talking about the impact of, and solutions to, a possible trade war between China and the US, a senior Chinese diplomat cautioned that an "understanding deficit" is greater risk for the two countries than their trade deficit.
Since the outbreak of the "Arab Spring" seven years ago, much has changed in the political and security landscape in the Middle East. What has not changed is the fact that Syrian President Bashar al-Assad remains persona non grata for the United States and its allies.
The world will be watching as Chinese President Xi Jinping welcomes Indian Prime Minister Narendra Modi to Wuhan in Central China's Hubei province on Friday for the first "informal" summit between the two countries' leaders.
When the leaders of the Democratic People's Republic of Korea and the Republic of Korea meet on Friday, it will be only the third such summit since the end of the Korean War (1950-53). Only a few months ago political tensions were escalating rapidly, raising fears of military confrontation on the Korean Peninsula. It was this dramatic crisis situation of missile launches, nuclear tests and bellicose rhetoric that the world and the 2018 Olympic Winter Games were facing in the autumn of 2017.
This year marks the 40th anniversary of China's reform and opening-up, and the 30th anniversary of Hainan as a new province. To mark the occasion, President Xi Jinping said on April 13 that the central government will help Hainan explore the possibility of developing into a free trade zone and building a pilot free trade port. This significant policy manifests China's resolution to further open up its economy and promote globalization.
The US State Department owes a debt of gratitude to China's State Council Information Office for publishing the United States' human rights record every year since 1998.
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