Facing Up to Risks

    Despite its economic success, concerns linger about whether China will continue to maintain sustainable development The report on China Economy and Finance Outlook (Q2 2012) released by the International Finance Research Institute with the Bank of China (BOC) on March 28 bluntly pointed out the top four risks to China’s economy, namely, excessive production capacity, volatile position for foreign exchange purchase, shrinking credit growth rate and the real estate bubble. While other research institutes, such [...]

    Death and Dying in the Provinces

    Fault lines in the basic insurance system are appearing not only in disparities of coverage for those in the cities and countryside, but also in how health care institutions deal with the chronically ill As He Jin prepared herself for the process of dying, she did it alone. Diagnosed with the final stages of liver cancer, the 24-year-old woman from Angkang of Shaanxi Province died in April this year, receiving basic treatments from the hospital [...]

Africa

Old relationship still based on goodwill

ONE of the most significant changes in international politics in recent years is the tremendous growth of China-Africa ties. In the ...

On the China-Africa partnership

EDITOR'S note: China-Africa ties have expanded in recent years. Trade has grown rapidly and Chinese investment in Africa has gained momentum. However, ...

Egyptian elections presage more conflict to come

The Egyptian presidential election, the first in the country's history with more than one candidate, starts today. But so far, ...

Asia / Pacific

Beijing warns third parties to stay out

As the Philippines seeks to buy weapons abroad amid a diplomatic crisis with China over the two countries' territorial dispute ...

India looks to secure interests in South China Sea

Editor's Note: One of the subsidiaries of India's State-owned Oil and Natural Gas Corp (ONGC), ONGC Videsh Limited (OVL), has recently ...

China should let Philippines stew for some time

Recently the Philippines has been sending mixed signals to China. Manila encourages the Philippine public to give vent to their ...

International Relations

Commentary: Never test China’s will to defend its own sovereignty

For nearly a month, Manila has not only turned a deaf ear to Beijing's position on resolving the dispute over ...

Foreign Policy and External Relations

Foreign Minister Yang Jiechi spoke to Chinese and foreign media at a press conference on March 6 during the Fifth ...

New Direction for China’s Diplomacy

China now is experiencing growing pains as its economic strength and international influence are on the rise. In the meantime, ...

Central & South America

PetroChina to buy plant

PetroChina Co is in talks to buy Valero Energy's shuttered refinery in Aruba, sources said Wednesday. In a filing with the ...

‘Time for better ties’ with South America

China overtaking EU as region's second-largest trade partner China's economic ties with Latin America and the Caribbean need further development as ...

CNPC, Venezuela joint refinery set for 2014 opening

China National Petroleum Corp said on Wednesday that its Guangdong-based mega joint refinery with Venezuelan partner Petroleos de Venezuela SA ...

Civil Society

Charity has to come from the heart, not forced from the wallet

A few days ago, I was asked to "willingly" donate one month's salary to a newly established special fund. The ...

Govt announces new rules allowing nonprofit status for private hospitals

The Ministry of Health issued a notice on its website Monday saying that the government would allow private investors to ...

Law violation misinterpreted

In the Internet age, a trivial matter can rapidly spread across the whole country and even the world. And an ...

Climate Change

Huge investment in ‘green’ projects

China will invest more than 2 trillion yuan ($316 billion) in promoting energy-saving and low-carbon projects during the 12th Five-Year ...

China’s nuclear industry reeling

Japan's nuclear emergency of last year has left a mark on Chinese nuclear manufacturers, which have since seen billions of ...

US ruling on solar panels ‘unreasonable’

China on Friday rejected a US anti-dumping ruling against Chinese solar power equipment, calling it "unfair" and "unreasonable", as Chinese ...

Labour

New plan to reduce income inequality

State Council set to approve move to narrow gap between rich and poor A new income-distribution framework is set for approval ...

Would you qualify as a white-collar worker?

DECENT pay, a nice office and stylish clothes have usually been considered the trappings of a white-collar worker. But now it ...

China to enlarge talent pool to 180m

China is witnessing an increase in better-educated laborers and a booming talent pool, official figures show. The country was home to ...

Finance

Fair treatment for private capital in railway investment

China's recent move to give private capital equal treatment in investing in the country's railway projects is expected to inject ...

Private equity firms out for quick profits, not long-term benefits

Just a few hours ago, a private equity (PE) investment project that I worked on for months won an unanimous ...

Expert predicts 600b yuan tax cut 2012

China has scope for a 600 billion yuan ($95 billion) tax cut this year and more effort should be put ...