Almost a week after Bob Dylan was named the winner of the Nobel Prize in literature, no one knows how he feels about the prestigious award - not even the Nobel judges.
A man was fined 500 yuan ($75) at an airport in Zhejiang province, after he refused to turn off his cellphone while the airplane was taking off. The incident sparked calls for him to be blacklisted.
A recent myth, after Uber sold its stake to a Chinese competitor, is that foreigners always lose in the Chinese internet market. Must it always be the case? Perhaps not.
Item from Oct 20, 1994, in China Daily: A ceremony was held in Lhasa, capital of the Tibet autonomous region, on Tuesday to mark the construction of the Potala Palace Square.
A strong dollar and external uncertainties are creating pressure for short-term depreciation of the yuan, but economic fundamentals will help stabilize the exchange rate in the long run, the spokesman for the National Bureau of Statistics said on Wednesday.
Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said.
The A-share market closed with a slight gain on Wednesday, after profit-taking as authorities announced third-quarter macro data that reflected overall economic recovery, said analysts.
Although China's GDP grew by 6.7 percent in the third quarter, and many macroeconomic indicators in the quarter showed better-than-expected signs despite a global economic downturn, the country's economy still faces great challenges, especially in the real estate sector, economists said.
Direct and indirect policy stimulus continued to support real GDP growth at a steady 6.7 percent rate in the third quarter. Very rapid growth in sales of commercial and residential buildings is likely partly related to measures implemented in the last two years to ease access to mortgages. Although household debt is currently low, increased reliance on construction and real estate activities exposes the economy to a reversal in these markets. We expect the economic growth to stay around 6.5 percent this year.
After reading about numerous officials accused of bribery and other forms of corruption, the public is finally hearing from some of the disgraced officials themselves.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
