Responding to the violent incidents in Hong Kong over the weekend, Carrie Lam Cheng Yuet-ngor, chief executive of the special administrative region, promised on Tuesday that her government will do its utmost to build a dialogue platform with the public.
US supermarket giant Costco opened its first Chinese outlet on Tuesday in Shanghai, five days after the United States leader said: "Our great American companies are hereby ordered to immediately start looking for an alternative to China including bringing your companies home and making your products in the USA."
Editor's Note: Philippine President Rodrigo Duterte begins his five-day visit to China on Wednesday, the fifth since he took office in June 2016. During his visit, the two sides are also expected to discuss many issues. Two experts share their views on Duterte's visit and Sino-Philippine ties with China Daily's Liu Jianna. Experts follow:
The nearly 73,000 fires, most of them set illegally to clear and prepare land for agriculture, cattle farming and property speculation, have prompted the state of Amazonas to declare an emergency. The fires have decimated the Amazon rainforest, which could be devastating for an ecosystem that produces a huge amount of the planet's oxygen, sparking international concerns over the destruction of one of the world's largest carbon sinks.
Mu Changchun, deputy director of China's central bank's payments department, said recently that the People's Bank of China is working on its own digital currency, which may be launched soon.
The US leader has not been very happy to be seen as an outlier among the other leaders attending the G7 summit in Biarritz, France, mainly because of his different stance on issues such as the Iran nuclear deal and climate change, which have made it impossible for the world's major industrialized countries to unite around common goals.
WEN KU, director of the telecom development department at the Ministry of Industry and Information has denied the rumor that the speed of 4G networks is being restricted to promote 5G. Beijing News comments:
Editor's note: Some US officials recently claimed that the tariff policy adopted by the United States is dealing a heavy blow to China's economy since foreign investment is leaving China, but the fact is that foreign investment continues to flow into China, and even the investment of US companies continues to increase. 21st Century Business Herald comments:
ACCORDING TO CHINA'S CENTRAL BANK, the number of domestic credit card holders increased by 20 percent in 2018. China Daily writer Zhang Zhouxiang comments:
Law-abiding people in Hong Kong have been appalled by the violence that erupted in the special administrative region over the weekend while the SAR government warned in a statement that the acts of extremists are pushing the city toward an "extremely dangerous situation".
When China established the country's first pilot free trade zone in Shanghai six years ago many people adopted a wait-and-see attitude, as unlike other projects of national importance, the central authorities had not set aside any special funds or offered any preferential policies tailor-made for the zone as, it was intended as a testing ground for reforms.
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