Just when a trade agreement between the United States and China appeared to be in sight, negotiators found themselves back at square one. The apparent reason for the disruption was China's insistence on a substantially rewritten draft agreement, which, according to the United States administration, reneges on previously agreed terms. But the root cause of China's changes to the draft - the reason behind its reluctance to meet US demands - lies in a fundamental miscalculation by the US.
China may be the world's largest greenhouse gas (GHG) emitter, but it is also the world leader in energy production from renewable sources. It has also and has increased its budget for environmental protection to about 1.2 percent of its GDP - a figure in line with that of Western European countries.
Although the international community acknowledges the Belt and Road Initiative has been yielding tangible results, some say there is widespread corruption in Belt and Road projects, claiming Chinese-funded enterprises are the main exporters of corruption.
This year marks the 70th anniversary of the founding of New China. In the seven decades since then, China has made remarkable achievements and moved closer to realizing the Chinese Dream of national rejuvenation. To stay true to its mission of realizing the Chinese Dream, the Communist Party of China needs to apply Marxism according to China's actual conditions.
Better is a neighbor who is near than a brother who is far away. In the spirit of this proverb and in stark contrast to some countries' beggar-thy-neighbor policies, President Xi Jinping's four-day trip to Kyrgyzstan and Tajikistan has driven home the point that equality, respect and trust can turn good neighbors into good brothers.
Both Republican and Democrat lawmakers reaffirmed on Thursday the United States' "commitment" to democracy and human rights in Hong Kong and "warned" Beijing against its "increased interference" in the territory.
In a large step forward for China's capital market reforms and as part of the national strategy to boost the growth of its technology sector, the Shanghai Stock Exchange on Thursday launched a new science and technology innovation board that is tasked with helping the country's small and medium-sized innovation enterprises get much needed funding.
It seems the United States can't resist rocking the boat.
AT A MAY 25 FINANCIAL FORUM hosted by Tsinghua University, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, entrusted a senior official of the commission to deliver a speech on his behalf. The followings are excerpts:
ON TUESDAY, Huawei's US security chief Andy Purdy was interviewed by Fox Business, during which he countered one false accusation after another that the United States has made against Huawei. China Daily writer Zhang Zhouxiang comments:
Editor's note: Some parents complain on the social media that many foreign English language teachers employed by private training agencies are not qualified or inexperienced to teach, and their children see little progress in their English language abilities after learning from the teachers for months or even years. China Daily writer Li Yang comments:
|
|
|
|
|
|
|
|