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China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te nsions with the United States have imposed more downward pressure, said economists. More financial resources and investors will be involved in the debt resolution process, said … Continue reading

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Hospital head removed after 5 infants dieuthern Medical Uni

Liu Ruilin, Party secretary and president of Shunde Hospital of Southern Medical University, has been re moved from his positions after five babies died and 14 fell ill during an enterovirus outbreak at the hospital. The five newborns who died … Continue reading

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The operation of the infant ward was suspended, and the

e hospital was ordered to solve management problems rela ting to the case, check on the condition of the surviving babies and console the parents. A deputy director of the health bureau of the Shunde district of F oshan, Guangdong, … Continue reading

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No quick fix for decades-old Israeli-Palestinian enmity

Concern over the recent escalation of tensions between Palestinians and Israelis have been temporarily relieved after Palestin ian leaders in Gaza agreed a cease-fire with Israel early on Monday. Right now, nothing is more important than u pholding the cease-fire … Continue reading

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Overholt said “the list of issues that President Xi has

addressed are the issues that the business community is concerned about”. “It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi ative, such as transparency and corruption, said Craig Allen, president of … Continue reading

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The annual report estimates that total electricity cons

umption in 2019 is expected to grow 5.8 percent. Demand for coal is expected to hit 3.95 billion tons, with the power sector still playing a significant role in the consumption of coal. Consumption of oil is predicted to reach … Continue reading

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China will improve the market environment for c

 car sales and expand the supply of automobiles as part of its latest efforts to boost auto consum ption, Gao Feng, the spokesperson for the Ministry of Commerce, said at a press conference early this month. By the end of … Continue reading

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Specifically, the draft likely will and should feature key

 reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot ection of investors’ rights and interests, and crackdown on legal breaches, Liu said. China must promote the healthy development of the capital m arket through key institutional … Continue reading

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he monetary policy should “maintain strategic focu

cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said. Financial policies are required to further support small and private companies, and fun ding through the capital market is supported by the authorities, according … Continue reading

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They are both staunch supporters of free trade and mul

ultilateralism, and with the United States increasingly opting for unilateralism in international affairs, China and the EU can str engthen their coordination within the framework of the United Nations and buttress the role of multilateral mecha nisms including the World … Continue reading

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