China made a clear commitment when it joined the World Trade Organization that it would not require additional technology transfer to approve inward foreign direct investment even though such technology transfer for FDI conforms to WTO rules.
Editor's Note: A series of meetings among the foreign ministers of ASEAN and some other countries, including China, between Thursday and Sunday has drawn wide attention. But since protectionism poses a threat to free trade, ASEAN and China, Japan, the Republic of Korea, Australia, New Zealand and India should expedite the process to reach a final deal on the Regional Comprehensive Economic Partnership. Two experts share their views on the RCEP's prospects with China Daily's Pan Yixuan. Excerpts follow:
A key meeting of the Political Bureau of the Communist Party of China Central Committee on Tuesday signaled that China will focus more on maintaining the stability of the economy in the second half of this year amid external uncertainties.
While US Secretary of State Mike Pompeo's elaboration on a free and open Indo-Pacific at a business forum in Washington on Monday, two days before he embarked on a trip to Asia, was not short of lofty words and promises, it did lack honesty, sincerity and substance.
It is nothing more than gangsterism for the Donald Trump administration to indicate it is considering raising the pending tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent.
Although policymakers are set to fine-tune it to cope with the headwinds being encountered both at home and abroad, China's basic economic policy stance is to remain largely unchanged.
IN THE COUNTRY'S PARLIAMENTARY ELECTION on Sunday, Cambodian People's Party led by Prime Minister Hun Sen declared a "landslide victory", gaining 80 percent of the votes and it is expected to win no less than 100 of the 125 parliamentary seats. Haiwainet.cn comments:
DURING THE PEAK TOURISM SEASON in summer, tourists create as much as 12 tons of solid waste each day in the Chaka Salt Lake scenic area in Wulan county, Northwest China's Qinghai province. Much of the waste is plastic shoe covers that they are instructed to wear while entering the shallows of the lake to protect the ecology. Guangming Daily comments:
AN 8-YEAR-OLD GIRL in Nanjing, East China's Jiangsu province, was found dead in a local river in June. When her body was recovered bricks were found in the bag she had on her back. On July 25, the local police said she had been deliberately drowned by her father and grandfather, because she suffered from cerebral palsy and they considered her a burden on the family. Thepaper.cn comments:
Ray Washburne, president and CEO of the US development finance institution, Overseas Private Investment Corporation, spoke to Reuters recently. Playing the role of a "savior" of poor nations, he said: "China was overloading poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable."
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