As China's GDP growth rate, despite entering a new normal, continues to exceed that of the United States, the country is fast approaching the most anticipated milestone. Depending on how one measures GDP and what adjustments are made, some studies predict that China will become the world's largest economy in a few years, while other studies - which use purchasing power parity-adjusted measures - claim this has already happened.
Russia faces a crisis because of the US-led Western sanctions for its alleged involvement in the Ukraine crisis.
The recent announcement of the United States and Cuba to re-establish diplomatic relations, signaling the beginning of normalization of bilateral ties, is a welcome development.
It's the responsibility of society as a whole, especially teachers and the media, to ensure that juveniles' privacy rights are protected, says an article in China Youth Daily. Excerpts:
Society should be more understanding toward youths who rely on their parents for financial support, says an article in Nanfang Daily. Excerpts:
The Chinese economy has entered a new normal as the government pays more attention to the economy's restructuring than its speed of growth.
The office of Japanese actor Ken Takakura, who died in Tokyo on Nov 10, issued a letter of appreciation to his Chinese fans on Dec 24. The letter, published on the website of Japan's news agency Kyodo News, read that their condolences have warmed the hearts of the staff at the office and reminded them of the bridge of warmth Takakura worked hard to build in his lifetime.
WILL A LOCAL GOVERNMENT BE ABLE TO make rules to reduce the number of cars on the road according to license plate numbers? Probably not without the authorization of the local people's congress when the new Legislation Law takes effect.
There should be local laws deciding matters of people's livelihood. But some local governments rely on self-made policies and rules to deal with these matters.
The Chinese economy saw further signs of a slowdown and worsening deflationary pressure in 2014. Growth has leveled out at just above 7 percent, which may be high by international standards but it has raised concerns that it may not be the new normal.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
