That China and Russia should work more closely together to fight protectionism has become even more important given the unilateral approach of some to resolve international issues. Emphasizing this fact after his meeting with Russian President Vladimir Putin on the sidelines of the 4th Eastern Economic Forum in Vladivostok, Russia, on Tuesday, President Xi Jinping said that an increasingly volatile geopolitical climate has made the China-Russia partnership a necessity.
For Russian President Vladimir Putin, bringing together in Russia's Far East the leaders of China, Japan, the Republic of Korea, and Mongolia is certainly a major diplomatic success. And that President Xi Jinping is also taking part - for the first time - in the annual event indicates the growing togetherness of Beijing and Moscow on regional and global platforms. As major-country competition has re-emerged, and transformed into rivalry, even confrontation, Russia and China have been discovering more common ground.
President Xi Jinping's participation in the Eastern Economic Forum in Vladivostok is the first by any Chinese leader, and during the event, Xi and Russian President Vladimir Putin are expected to expand trade and cooperation, including in Russia's Far East, and explore ways to advance cooperation on energy, agriculture, high-tech and infrastructure.
Editor's note: Many peer-to-peer (P2P) lending platforms have gone bust since June. Two experts share their views with China Daily's Yao Yuxin on how to rebuild the sector's credibility. Excerpts follow:
US President Donald Trump said on Friday that he's ready to impose tariffs on another $267 billion worth of Chinese goods on short notice, on top of the proposed tariffs on $200 billion of Chinese imports his administration is putting the final touches on. In effect, Trump is threatening to turn the US-China trade conflict into a full-blown trade war.
Should there be tight security that leaves no space for extremism and terrorism or lax security in the name of freedom? This is a question that has become pertinent to many countries today given the risks of terrorist attacks. In the United States and Europe, citizens have chosen the former. Likewise in China.
US President Donald Trump has urged automaker Ford and electronics giant Apple to shift their production from China to the United States to avoid the impact of the administration's high tariffs on Chinese imports. While it sounds like a plausible and workable solution, it goes against the trend of global division of labor that has been in place for many decades, and is set to fail.
STATISTICS SHOW THAT the total value of investment properties owned by the 1,680 listed companies in China exceeded 1 trillion yuan ($146 billion) in the second quarter of this year, reaching a record high of 1.05 trillion yuan. The figure has risen steadily for nine consecutive quarters. Beijing Youth Daily comments:
MONDAY WAS THE 34TH ANNUAL TEACHERS' DAY in China. According to the Ministry of Education's recent deployment, all provincial capital cities and municipalities directly under the administration of the central government projected the characters "Hello, teachers" onto the facets of local landmark buildings from 8 pm to 9 pm on Monday to observe the day. Beijing News comments:
ON SUNDAY, the Ministry of Public Security published a draft regulation on its website soliciting public opinions, which said that if any police officer violates the legal rights and interests of individuals or organizations, the public security department, not the policeman as an individual, will pay compensation. Fawan.com comments:
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