It remains to be seen if it was the defining moment in history it was being billed as. Nevertheless, the smooth proceeding of the first ever face-to-face talks between the sitting leaders of the United States and the Democratic People's Republic of Korea has yielded positive results.
By the end of May, the number of policy measures adopted by local governments to regulate their housing markets had reached 159 nationwide, with regulations shifting from first-and second-tier cities to lower-tier cities. The housing prices in almost all these cities had witnessed rises before the adoption of the regulatory policies, with speculative demand rising more than demand for housing to live in.
SOME E-COMMERCE COMPANIES are planning mid-year promotional sales activities on Monday. Although many commodities will be sold at nominally discounted prices, their nondiscounted prices have quietly risen ahead of the sales so their profit margins will remain the same. China Youth Daily comments:
IN THE LATEST QS WORLD UNIVERSITY RANKINGS, an annual publication of university rankings by Quacquarelli Symonds, a British company specializing in education, Tsinghua University has risen from number 25 to 17, and Peking University from 38 to 30, and among its list of the world's top 100 universities, six are from the Chinese mainland. Guangming Daily comments:
ARTIFICIAL INTELLIGENCE has reportedly been used by some lending platforms to collect debts. Beijing News comments:
At the just-concluded G7 Summit in Charlevoix, Canada, US President Donald Trump threatened to "stop trading" with some of the US' closest allies unless they change what he believes to be unfair trade policies. This once again shows the United States and its allies, especially the European Union, are facing a severe test.
President Xi Jinping hosted a dinner in Qingdao, Shandong province, on June 9 to welcome the participants to the 18th Shanghai Cooperation Organization Summit. Addressing the gathering at the dinner, Xi said that as an integral part of Chinese civilization, Confucianism believes "a just cause should be pursued for the common good", and champions harmony, unity and the building of a shared future for all nations.
Soon after being elected Malaysia's prime minister, Mahathir Mohamad cancelled the $17 billion high-speed rail project linking the Malaysian capital of Kuala Lumpur and Singapore.
A photograph showing a Beijing-Moscow train carrying a banner on its engine that reads "China's crayfish cheer for the 2018 World Cup in Russia" has gone viral on social media. The train is reported to be carrying a huge amount of frozen crayfish from Jinzhou, Central China's Hubei province, to cater to the Chinese soccer fans' taste in Russia.
It is no exaggeration to say the summit between Donald Trump and Kim Jong-un on Tuesday in Singapore could be epoch-making. The denouement to months of diplomatic efforts and the on-off-on-again saga that unfolded after its announcement, the meeting is of great significance. The first between the incumbent leaders of the United States and the Democratic People's Republic of Korea, it is a face-to-face conversation that can set the course of history - for better or worse.
The Shanghai Cooperation Organization Summit in Qingdao, Shandong province, on Saturday and Sunday, which brought together the heads of SCO member and observer states and relevant international and regional organizations, drew a blueprint for the SCO's development.
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