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The infusion of liquidity in global markets by printing currencies and pumping it into financial markets has proved disastrous for many developing economies such as India and China.
A court in East China's Zhejiang Province ruled Friday that Tencent Computer System Co. Ltd, the owner of QQ, a web messaging service, was partially liable for the death of a Shanghai University student who agreed to a suicide pact via instant QQ messages. But should we shoot the messenger for it?
(62 comments)As the special envoys of the two sides meet in Beijing for the 14th round of border talks, no breakthrough is expected during the ongoing discussion between the representatives of the two nations.
(36 comments)
The artillery exchange between the Democratic People's Republic of Korea (DPRK) and the Republic of Korea (ROK) military has made the world news for the last few days. Before anybody found out what really happened, the media has been condemning Pyongyang for provoking the incident.
(33 comments)What is wrong with the taxi drivers in Beijing has as many answers as taxi riders. But most of us will agree that there is a large deficit of "service with a smile." In other words, the first and foremost problem is their attitude.
In a letter to the G20 financial leaders, US Treasury Secretary Timothy Geithner stunned the world with a proposal that G20 countries should "reduce external imbalances below a specified share of GDP over the next few years."
(27 comments)Family bonds seem to be fragile than ever in China. At least 2.47 million couples divorced last year, a rise of almost 9 percent, on par with the country's economic growth rate.
Having taught psychology for many years, I was pleased to read in Monday's China Daily that "a growing number of Chinese are studying psychology to gain a better understanding of their own state of mind". What is troubling, however, is that the "man most are turning to is Sigmund Freud."
But no one knows when the policy will be implemented and to what extent. Given so many variables, the prediction of a 20 percent drop is rather subjective.
(17 comments)In recent articles published in the opinion section of China Daily's website, we have seen much criticism about Indian democracy and its laggard functioning.
China has justified security and environmental reasons for tightening control over rare earth exports.
The Asian Games in Guangzhou changes the city fundamentally in many ways.
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