Irish Corporate Cheer

Irish businesses work hard and party hard to givegenerously to good causes in China.IRISH businesses toasted unprec-edented activity in China recent-ly in very Irish style,with a partyand a big cheque for charityMore than RMB100,000 collect-     

Too Efficient to Fail

<正>China plans to overhaul its state-owned enterprisesOn September 13,China unveiled longawaited details of how it would reform its state-owned enterprises(SOEs),the latest move to invigorate the country’s torpid public sector by shaping a more pragmatic management system and nurturing more competitive public enterprises.According to the guidelines released by the Central Government,China will modern-     

High Up to Fuel Up

At an altitude of 5,000 meters in the north of Tibet Autonomous Region, oxygen levels are only 40 percent of those at sea level. Strong winds batter the area over 200 days a year. The average annual temperature runs below zero degree Celsius. The harsh climate and geological conditions have rendered the area unsuitable for human life to flourish.     

Never Too Late to Learn

In 2019,Beijing announced a new policy,allowing people over 60 to ride public buses free.It was welcomed by Guo Huijuan,62,who takes Bus 618 to Haidian Senior University for painting class twice a week.     

Never Too Young to Learn

<正>The world’s youth inspire new actions on climate change Wu Changhua,the China/Asia Director of the Office of Jeremy Rifkin and a dedicated advisor to governments and corporations on sustainability strategy and innovation,has most recently been working with Rifkin on his latest book The Age of Resilience.The book will hit the shelves in November,with its Chinese version slated for publication soon after.     

Never Too Late to Start Over

LAST year I decided to pack up my things and move into a retirement community. Many people asked me why I would want to do that, rather than staying in my own home or living with my kids as most people in their late years do. One of the main reasons was that I had already had some friends living in these types of places, and they always spoke highly of the experience.     

Stepping Up to Challenges

<正>Political advisors say urbanization holds the key to China’s future We will actively yet prudently move forward with urbanization.We will adhere to the path of urbanization with Chinese characteristics,abide by the principles of urban development and foster     

Time to Pay Up

<正>Local government debt, while staggeringly high, is still within the nation’s safety threshold Yunnan Highway Development and Investment Co.,     

Team Up to Fly

<正>Three Chinese airline cargo carriers expect to become one After China’s high-speed train maker CNR Corp.Ltd.’s merger with its long-lost rival CSR Corp.Ltd.in March,a new wave of reform for China’s state-owned enterprises(SOEs)seems imminent and imperative.Against this background,after Zhou Laizhen,Vice Minister of Civil Aviation Administration,disclosed the budding thought concerning air freight reorganization at the China Civil Aviation Development Forum on June 24,rumors over a consolidation of the country’s three largest airline cargo carriers began to gain ground.Though a concrete plan of the con-     

Needless to Read Too Much Into Rating Cut

International rating agency Moody's Investors Service downgraded China's long-term local currency and foreign currency issuer ratings to A1 from Aa3 and changed the outlook to stable from negative on May 24. Officials from China's Ministry of Finance, the National Development and Reform Commission and the Ministry of Commerce as well as many economists expressed disagreement with the agency's rating immediately after the downgrade announcement. As a matter of fact, it's unnecessary to react so intensively to the downgrade by Moody's because the fairness, professionalism and influence of the agency are questionable.     

Foreign Companies Want to Be Single,Too

<正>China's online shopping frenzy goes global In what is likely the most expensive television advertisement for Singles Day since the shopping festival was founded in 2009,American actor Kevin Spacey—appearing as his character U.S.President Frank Underwood from House of Cards—wished the audience a happy Singles Day and listed the number of items he wanted to buy to celebrate.Singles Day,or Double 11,falls on November 11 every year and is China’s equiva-     

Time to Wrap Up Doha

<正>Completion of the negotiations will bolster confidence in world economic growth The Doha Round of global trade talks, which kicked off in 2001,has lasted for quite some time.Despite huge differences among parties involved in the talks,it is now highly essential to complete     

Too Well Educated

Having long suffered from low education,Chinese job seekers now face a problem of an opposite nature Wang Lina,who holds a master’s degree from Wuhan University in central China’s Hubei Province,once firmly believed that the qualification would land her a stable and highly-paid job.Yet after failing to nail down a job after attending more than 40 job fairs since graduating last summer,her confidence is waning.     

Too Much Metal

Non-ferrous metal giant’s financial losses linked to overcapacity Aluminum Corp.of China Ltd.(CHALCO),the country’s largest alumina producer,shocked investors again by posting losses of 1.85 billion yuan($301.3 million),according to the company’s third-quarter financial report released on October 30.This is the second year CHALCO has suffered a loss.Wang Yong,an analyst with CITIC Securities Co.Ltd.,said overcapacity and low prices were     

Never Too Late

California's apology to Chinese Americans creates better understanding between China, Chinese Americans and the United States     

Never Too Late

<正>A historical issue is being raised on Capitol Hill.In late May,members of the U.S.Congress introduced bipartisan resolutions in both chambers,calling on the federal legislature to acknowledge formally and express regret for discriminatory legislation and how the country accordingly treated Chinese immigrants more than a century ago.