LEKIMA, the fiercest typhoon that China has seen this year, has been battering the eastern coastal provinces Jiangsu and Zhejiang, as well as Shanghai. Thepaper.cn comments:
HUANG SHICONG, an "economist" from Taiwan, was quoted as saying on a local TV program that "People on the mainland always eat pickled mustard stems together with instant noodles, but now they cannot afford it", which made himself a joke to all. China Daily writer Zhang Zhouxiang comments:
The International Monetary Fund said in a report on Friday that the yuan's exchange rate was "broadly in line with medium-term fundamentals" and China's central bank has made few foreign exchange interventions in recent years, clarifying that China is not as the United States has claimed a currency manipulator.
Editor's note: Recently a photo was published showing a meeting between a US diplomat and the leaders of the student activists in Hong Kong who have been calling for Hong Kong independence. People's Daily comments:
China's poverty alleviation campaign has entered a critical stage. Based on the achievements made and experiences gathered in recent years, China is making greater efforts to lift the remaining impoverished population out of poverty. After solving the impoverished people's basic livelihood problems, China will focus on other issues, including providing safe drinking water, compulsory education, basic medical treatment and safe housing for them.
On Friday, domestic telecommunication giant Huawei launched its first operating system, Hongmeng, or Harmony.
With Boris Johnson being the British prime minister for more than two weeks, it's not so difficult to guess that three factors paved the way for his "Brexit" plan and catapulted him to 10 Downing Street.
After the US leader threatened Washington would impose 10 percent additional tariffs on another $300 billion of Chinese goods from Sept 1, some experts were prompted to ask whether the US-instigated trade war with China will influence Russian-Chinese economic cooperation.
Chinese Vice Foreign Minister Le Yucheng and Japanese Vice Foreign Minister Takeo Akiba exchanged views on bilateral ties and international and regional issues of common concern at the China-Japan Strategic Dialogue in Japan on Saturday, which concluded with a proclaimed commitment to "building a China-Japan relationship consistent with the demands of a new era".
China and the United States need to establish a new balance of trade, finance and technology cooperation, while avoiding a full-blown confrontation amid intensified tensions, experts said.
London is the world leader while now accounting for nearly half of all offshore RMB foreign exchange trading, thanks to the currency's increasing internationalization, a report published on Thursday said.
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