BOC to boost financial services in Guangxi

Bank of China Ltd said it has signed a cooperation agreement with the government of the Guangxi Zhuang autonomous region to build an open financial gateway to the Association of Southeast Asian Nations.

IN BRIEF (Page 5)

Tax evaders, beware, the taxman's coming

THE STATE ADMINISTRATION OF TAXATION has, for the first time, exchanged information on Common Reporting Standard (Guidelines for Joint Declaration of Overseas Financial Accounts) with the taxation authorities of multiple countries and regions. Beijing Youth Daily comments:

Healthy development of private economy essential

Despite people's growing immunity to outlandish claims of self-declared "experts", when an article by a "veteran financial industry insider" appeared online the other day, the impact was seismic.

As the only right choice, trade talks welcome

The US' invitation to China to restart trade talks suggests the Donald Trump administration has changed its idea about settling trade disputes. But the decision is more likely based on its realization that the damage inflicted on domestic industries and consumers by the Trump-ignited tariff war would become unbearable, so it's better to use nondestructive means to settle the trade disputes with China.

Tourists should develop civil, ethical habits

A CHINESE BUSINESSPERSON who provides residential accommodation for tourists in Japan complained on micro blog on Monday that three Chinese tourists had dumped large piles of garbage in the apartment they had rented before leaving. Thepaper.cn comments:

There is a need to keep public sphere free of toxic and unlawful elements

THE INTERNET PLAYS an important role in the public sphere, as discussions on certain local issues could involve hundreds of millions of netizens and make headlines across the country. The authorities, on their part, heed constructive online public opinions, even consider some of them as valuable references for dealing with certain issues and policies of public concern. People's Daily commented on Thursday:

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Moving toward a multi-currency system

Even a decade after the global financial crisis, the world economy has not fully recovered because the structural problems that precipitated the crisis have not been entirely eliminated. Complicating the matter is a series of policies the United States has adopted to shift trade and financial risks.

Resistance to US unilateralism has spread across the world

US President Donald Trump was furious to learn, courtesy the Sept 5 op-ed in The New York Times, that a force of resistance exists within his administration where some officials have vowed to thwart part of his agenda and his worst inclinations.

US using wrong reason to wage a trade war

The United States is using the pretext of intellectual property rights (IPR) to intensify the trade conflict with China. But China's measures to better protect IPR should be based on facts that conform to international rules, instead of the US' misinterpretations that tend to violate those rules.

Dubious methods won't alleviate poverty

A REPORT of the discipline and supervisory department of Weishi county, Henan province, says officials of a village in Shuipo town of the county made villagers draw lots to decide whose families would be identified as "poverty-stricken". China Youth Daily comments: