ON FRIDAY, the printed judgment of a local court in East China's Jiangxi province was widely circulated online. According to the court, the local government of Fengxin county failed to pay a local construction company 320 million yuan ($46.5 million); as a result it has been put on the official list of "dishonest debtors" and its leading officials are no longer able to take flights or high-speed railways. An editorial on thepaper.cn comments:
CAO DEWANG, founder and chairman of Fuyao Glass Industry Group, said during a recent interview that he is making efforts to persuade his son to take over his job in the coming year, but the latter has shown little interest in running the leading manufacturer of automotive and industrial glass. Beijing News commented on Monday:
THE LOCAL AUTHORITIES in Dali, Southwest China's Yunnan province, should be aware that any leniency they show the illegal restaurants and guesthouses around Erhai Lake will lead to various forms of waste being discharged into the nation's seventh largest freshwater lake. Beijing Youth Daily comments:
During his meeting with President Xi Jinping last month, US Secretary of State Rex Tillerson conveyed US President Donald Trump's wish to forge China-US relations for the next 50 years. More important, Tillerson said bilateral ties should be based on the principles of "no conflict, no confrontation, mutual respect and win-win cooperation". The principles are part of the "new type of major-country relationship" Xi proposed to former US president Barack Obama as the future paradigm of China-US ties at their meeting in Sunnylands, California, in 2013.
On April 1, the Central Committee of the Communist Party of China and the State Council, China's Cabinet, jointly announced the Xiongan New Area will be established in Hebei province. The new zone, located about 100 kilometers south of Beijing, will house the offices and facilities that are not related to the capital, and thus offload some of Beijing's "non-capital functions". It will also create a new model of optimized development in densely populated areas and restructure the urban layout of the Beijing-Tianjin-Hebei region.
Despite China's slower but more sustainable growth path, economic growth remains high by global standards as the country's population ages and the economy re-balances from investment to consumption and from manufacturing to services.
In three months, President Xi Jinping has traveled to Europe twice. Following his trip to Davos to attend the World Economic Forum and a state visit to Switzerland in January, Xi reached Finland on Tuesday before flying to the United States for his first meeting with US President Donald Trump.
The most important relationship in the world?
Theresa May, the British prime minister, recently gave formal notice of the country's intention to leave the European Union, nine months after the outcome of a referendum that surprised and disheartened many of the UK's international partners.
The face of terror is changing, and security services across Europe are having to rethink their strategy in the wake of the attack in London.
Enterprises transferring assets abroad should be put under close supervision - the authorities already realize that.
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