Decline in Foxconn unit's share price warning to investors of unicorn hype

LAST WEEK, China's A-share market witnessed a dramatic fall that should be a warning to the current unicorn speculation in the A-share market. Beijing News comments:

Returnees help drive country's development

CHINESE RETURNEES who have studied overseas play an important and unique role in advancing China's development with their international perspectives and adventurous spirit. Beijing Youth Daily comments:

Canceling roaming charges responds to leadership's call

THE THREE DOMESTIC telecom giants, China Mobile, China Unicom and China Telecom, have announced that, starting July 1, they will cancel their data roaming fees within the country, except for the Hong Kong and Macao special administrative regions and Taiwan. Beijing News comments:

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Diplomacy with 'correct conception'

At the two-day central conference on foreign affairs work in Beijing, which ended on Saturday, President Xi Jinping underscored the importance of keeping in mind both domestic and international imperatives in the nation's foreign affairs work. He said the country's diplomatic work should take national rejuvenation and promoting world peace and common development as the main tasks, strive to build a community with a shared future for mankind and firmly safeguard the country's sovereignty, security and development interests.

China's cooperation versus US' protectionism

The United States has resorted to trade protectionism to not only boost its economy but also maintain its global hegemony, disrupting the world order and causing tensions across economies. Should China cooperate with other countries to counter the US' protectionist moves? Two experts share their views with China Daily's Pan Yixuan. Excerpts follow:

China, EU can work together to help others

With US President Donald Trump intensifying his attacks on globalization and free trade, the European Union has decided to expand its presence and influence on the global stage by largely increasing its "external action" budget. The European Commission has proposed to increase the external action budget to 123 billion euros ($143.34 billion) for the 2021-27 period compared with 94.5 billion euros for 2014-2020. The 30 percent hike in the "external action" budget is encouraging given the EC's slow growth.

Trump's protectionism will disrupt global trade order

US Commerce Secretary Wilbur Ross betrayed the rationale for the United States' trade strategy in an interview with CNBC last week, admitting that US President Donald Trump wants to create an environment of pain for China so that it will give in to his demands.

Taiwan secessionists and US must beware miscalculation

It would be a miscalculation for secessionists on the island to embrace the actions of the United States as substantial support for "Taiwan independence".

Government department supporting monopoly is not upholding rule of law

ON FRIDAY, THE STATE ADMINISTRATION FOR MARKET REGULATION released on its official website an official letter to the local government of the Inner Mongolia autonomous region, requiring the latter to rectify a wrongdoing of its public security department, which broke the Anti-Monopoly Law. Thepaper.cn comments:

Falsifying air quality data intolerable

ON SATURDAY, the Ministry of Ecology and Environment revealed at a news conference that local officials of Linfen city, North China's Shanxi province, falsified the local air quality data. Beijing News comments:

Enough sleep vital to healthy growth of young children

A SURVEY OF 10,000 children aged between 3 and 6 years old in Shanghai shows they sleep 9.06 hours every day on average, lower than the national average and the minimum health standard of 10 hours. Gmw.cn comments: