No sympathy for company's losses due to closure of polluting supplier

THE GREATER CHINA CEO OF SCHAEFFLER, a leading supplier of bearings and precision components to the automotive industry, reportedly submitted a report to the Shanghai authorities detailing the company faced "considerable" financial losses, because its local raw material supplier was shut down because of its failure to stop polluting. Beijing News commented on Wednesday:

Curb speculation to cool house prices

ACCORDING TO THE NATIONAL BUREAU OF STATISTICS, China's real estate market continued to show signs of cooling last month, as home prices in major cities fell or experienced slower growth. Beijing Youth Daily commented on Wednesday:

College students require teaching, not babysitting

ON MONDAY, Northwest University of Political Science and Law required all its freshmen to attend morning reading activities and to register for the activity by means of face-recognition machines. Yet they had to cancel it on the same day because thousands of students formed long waiting lines as there were only four machines. Thepaper.cn comments:

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Only US, DPRK can resolve peninsula issue

In his maiden speech at the United Nations General Assembly on Tuesday, US President Donald Trump threatened to "totally destroy" the Democratic People's Republic of Korea if need be.

'Comfort women' expose Japan's designs

Civil groups from eight countries, including China, the Republic of Korea and the Philippines, have approached the UNESCO to declare "comfort women", a euphemism for women forced into sexual slavery by the Japanese army before and during World War II, as a tragic heritage of humankind.

China-Russia drills a boon to mutual trust

The navies of China and Russia started the second stage of their weeklong "Joint Sea-2017"military drills in the Sea of Japan on Monday, following the first stage which was held two months ago in the Baltic Sea. The drills, held annually since 2012, will for the first time reach the Sea of Okhotsk, north of Japan's Hokkaido Island, and involve joint submarine rescue missions and antisubmarine operations.

Ambassador speaks out on issues affecting Americans

An ambassador rarely speaks for the people of the foreign country where he or she is posted. However, I've heard China's Washington envoy Cui Tiankai speak for the Americans at least twice recently.

Trump's maiden UN speech full of sound and fury

United States President Donald Trump, in his maiden speech at the United Nations General Assembly on Tuesday, was less forthcoming in his praise for the world body than his predecessor Barack Obama, indicating the US under his administration will pursue an all-for-itself approach that runs counter to the cooperative spirit of the world's foremost multilateral platform.

Internationalization of yuan

The yuan's continuous appreciation against the US dollar in recent months has brought holders of yuan-denominated assets impressive investment returns. This, along with the internationalization process of the yuan that started after 2005 and the "throes" it suffered after the monetary authorities launched their exchange rate reform two years ago, has seen the Chinese currency's gradual transformation into a strong global currency.

Domestic new energy vehicle makers must put focus on independent R&D

THE MINISTRY OF FINANCE is reportedly mulling further policies to support the production of new energy vehicles, as the current subsidy system will expire in 2021. Beijing Youth Daily commented on Monday:

CAAC right to end electronic devices ban

A CIVIL AVIATION ADMINISTRATION OF CHINA OFFICIAL said on Monday that the ban on the use of portable electronic devices on aircraft will be lifted starting Oct 1, allowing airlines to decide how to implement the rule on the basis of their own security assessments. Thepaper.cn commented on Tuesday: