Those trying to understand the soundness of the Chinese economy and its financial institutions can be divided into two critical interpretative "groups": the first one has been predicting an imminent economic crash (that never comes), the second one, moderate, foresees a forthcoming stagnation process.
YU MINHONG, founder of New Oriental Education and Technology Group, provoked a storm of criticism after he said at a recent forum: "The current degeneration of the whole country is caused by the degeneration of females." China Women's News comments:
EARLIER THIS MONTH, a central environmental inspection group inspected Weifang city, Shandong province, and found the local government had failed in its duty to control pollution sources. Beijing News comments:
Only days after the Maldives' new government came to power, it has said it will pull out of a free trade agreement with China because it was a mistake for such a small country to sign such a deal with the world's second-largest economy.
That the US stock market dropped sharply immediately after the US government put forward the proposal on Tuesday to tighten the control on exports of various artificial intelligence technologies indicates what the market thinks of the move.
Editor's note: Four policemen of Quanzhou, Fujian province, conducting a "routine inspection" of a hotel in the city on the night of Nov 11, entered a room in which a female reporter of Caixin Weekly was staying. The reporter is investigating a recent pollution incident caused by a petrochemical corporation and claimed it was part of the local government's efforts to obstruct her probe. Columnist Cai Fei comments in a post published by one of People's Daily's WeChat platforms Xiakedao:
The US Federal Reserve has frequently raised the interest rate since 2015. This year it has raised the interest rate three times - and it is expected to raise it a fourth time this year.
Editor's note: Some Western media outlets have said the recent sentencing of novelist Tian Yi, who has earned about 150,000 yuan ($21,610) from the sales of about 7,000 copies of her novels including those with gay sex content, shows China's discriminatory attitude toward gay people. Such claims are misleading. But how should we view the debate sparked by the case? Three experts share their opinions on the issue with China Daily's Liu Jianna. Excerpts follow:
The ongoing US trade talks with the European Union and Japan are widely believed to be aimed at isolating China, especially since the trade pact the United States signed with Mexico and Canada on Sept 30 to replace the North American Free Trade Agreement has a clause apparently targeting China.
ON MONDAY MORNING, agglomerate fog caused a traffic accident involving 28 heavy-duty trucks in Zhumadian, Central China's Henan province, which killed nine people, and seriously wounded nine others. Beijing Youth Daily comments:
Editor's note: In a marathon in Suzhou, Jiangsu province, on Sunday, a volunteer rushed onto the course to try and hand a national flag to a Chinese runner as she was in the final stretch. This caused her to lose her stride and she was overtaken by an Ethiopian runner who won the race. China Youth Daily comments:
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