ON FRIDAY MORNING, the heads of the central bank and the banking, insurance and securities regulatory bodies collectively voiced their optimism in the future of the stock market in their respective interviews with the media. ThePaper.cn comments:
THE EUROPEAN UNION autumn summit in Brussels last week yielded no concrete progress on Brexit, one of its key subjects. Beijing Youth Daily comments:
Editor's note: US President Donald Trump has openly expressed his discontent five times with the Federal Reserve's decision to raise the interest rates in December. But the Federal Reserve will not bow to Trump's pressure, which largely stems from his need to beautify the economic data before the midterm elections next month. Zhang Jingwei, a researcher with The Charhar Institute, in his column published by the Beijing Youth Daily commented:
At the end of 2017, Brahma Chellaney, a professor with the New Delhi-based Center for Policy Research, wrote an article titled "China's Creditor Imperialism" in which he accused China of creating a "debt trap" from Argentina, to Namibia and Laos, mentioning its acquisition of, or investment in the construction of several port hubs, including Hambantota in Sri Lanka, Piraeus in Greece, Djibouti, and Mombasa in Kenya in recent years.
The potential of the Hong Kong-Zhuhai-Macao Bridge, which will open on Tuesday, has been underestimated by some experts due to their low expectations with regard to its logistic functions. But on the contrary, the bridge will play a crucial role in promoting the Guangdong-Hong Kong-Macao Greater Bay Area.
Premier Li Keqiang has officially invited his Japanese counterpart Shinzo Abe to visit China from Thursday to Saturday. It will be the first official visit to China by a Japanese prime minister in seven years.
Policy assurances by top officials and regulators help to revive market sentiment
German logistics company Deutsche Post DHL Group on Friday joined hands with e-commerce platform Shopee in Shanghai to offer faster and easier access for sellers from the Chinese mainland and potential consumers in Southeast Asia.
Home appliance giant Midea Group set up a new industrial internet platform and a new brand for artificial intelligence-based home appliances on Friday, as part of the Foshan, Guangdong province-based firm's plans to upgrade its business.
China saw notable tax reductions in the third quarter as proactive fiscal policies took effect, strengthening corporations' investment confidence and domestic consumption, experts said.
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