Editor's Note: Last week the Commerce Ministry said Chinese enterprises have halted the purchase of US agricultural products following Washington's threat to impose 10 percent tariffs on another $300 billion of Chinese goods. Two experts share their views on the issue with China Daily's Yao Yuxin. Excerpts follow:
The box office collection of more than 2 billion yuan ($300 million) in the first week and its rating of 8.7 out of 10 on Douban, a Chinese film review website, have prompted film critics to say Ne Zha is a milestone for China's animation industry and embodies its inevitable rise.
By revoking the special status of India-administered Kashmir and splitting it into two union territories of Jammu and Kashmir, and Ladakh on Aug 5, New Delhi has opened a Pandora's box. India's unilateral move to fundamentally change the administrative division of the region and seize Pakistani and Chinese territories has angered its two neighbors and invited strong reactions from both.
Those who have been predicting China's trade and investment would slump as a result of the trade confrontation with the United States have obviously underestimated the resilience of the Chinese economy.
Having been forced to temporarily shut down the airport on Monday after thousands of demonstrators swarmed the main terminal building, the Hong Kong airport authority canceled most departures on Tuesday due to a second day of protests. The disruption at the airport, a key economic artery of the international financial hub, has helped people see the true nature of their campaign.
The red carpet the British government rolled out for US National Security Advisor John Bolton on Monday suggests that Prime Minister Boris Johnson is "putting Britain in hock to" Washington. A prospect that will not only make many in Britain uneasy, but also fill people in other countries with foreboding.
EDITOR'S NOTE: The International Monetary Fund recently released a report reiterating that China's current account surplus declined in 2018 and the yuan's exchange rate was basically in line with its economic fundamentals. The report makes clear that China is not a "currency manipulator" as the United States claims. Zhong Sheng, a columnist for People's Daily, comments:
ZHIHU, WHICH OPERATES A MAJOR QUESTION-AND-ANSWER WEBSITE IN CHINA, announced having finished a new round of financing that raised $434 million, with search giant Baidu being a main investor. China Daily writer Zhang Zhouxiang comments:
DAXING DISTRICT IN BEIJING has established a disposal and recycling system for construction waste, which could be promoted nationwide to protect the environment and increase the reutilization rate of resources. Beijing Youth Daily comments:
The report of the 19th National Congress of the Communist Party of China in 2017 says "one country, two systems" is the best way to resolve Hong Kong-and Macao-related issues left over from history, and the best system that guarantees the long-term prosperity and stability of Hong Kong and Macao. Which shows the commitment of the CPC and central government to the "one country, two systems" principle.
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