The reform and opening-up set in motion 40 years ago was a "crucial move" for the country, Xi Jinping, general secretary of the Communist Party of China Central Committee, stressed in October.
The Communist Party of China Central Committee released the plan for the restructuring of Party and State institutions on Wednesday.
Robert Zoellick, a former US Trade Representative and head of the World Bank, once said: "Trade was more about politics than economics". Indeed, international trade among nations is all about business, but once politicians step in, it becomes polarizing with unexpected consequences that could lead to a trade war.
There is much talk about China's capabilities to innovate, its innovation policy and the growth that can be expected to result: What kind of growth and how much of it?
Anyone who believes that there is unanimous support in the United States for the Trump administration's proposed Section 301 tariffs on China should refer to the House of Representatives hearing on Wednesday when US Trade Representative Bob Lighthizer was grilled.
The world's major financial leaders rejected protectionism at their meeting in Argentina on Tuesday, but failed to exorcise the specter of the trade war being materialized by the protectionist moves of the United States.
Although Myanmar President U Htin Kyaw abruptly resigned on Wednesday saying he needed a rest, the move, which comes amid reports that the 71-year-old is in ill health, is unlikely to affect the political situation in the Southeast Asian country too much. First Vice-President U Myint Swe, a retired general, will temporarily step into the executive role for now, with Htin Kyaw's successor to be selected by parliament within seven days.
PREMIER LI KEQIANG promises zero tariff rates for targeted cancer drugs at a news conference after the two sessions in Beijing on Tuesday. Thepaper.cn comments:
CHINA IS TO ESTABLISH an information system for personal income and assets, according to the 35th meeting of the Central Leading Group for Comprehensive Deepening of Reform, a top reform policy generator, in Beijing on Tuesday. Legal Daily comments:
ON MONDAY, a female pedestrian died after being hit by a self-driving car operated by Uber in Arizona. The woman is reportedly the first pedestrian killed by an autonomous vehicle on public roads. Thepaper.cn comments:
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