The Chinese government has showed its will to prop up the market and to reform its financial system simultaneously with the latest announcement of a 30-point blueprint to tackle financial strains.
The government has recently saught public feedback on the draft fuel tax scheme, but limited information disclosure has failed to bring about intelligent discourse, says commentator Wen Zhao.
Small and medium sized businesses are the key to stable job growth in China. Without them, China won't be able to fend off the global economic downturn.
Though we applaud efforts to loosen the reins on private business and drum up credit, regulators should work to prevent unnecessary risks and non-performing loans.
The RMB 4 trillion stimulus package will give first-aid to the economy and restore public confidence, but the 1998 experience has taught us that there's more to heading off a crisis.
Recent agreements to create direct postal, trade, and travel links between Taiwan and the mainland are proof that despite political and ideological barriers, people on both sides of the strait are moving forward hand in hand. The progress should not stop
In assuming the role of a responsible stakeholder in world affairs, China should do as much as it can to help dissolve the financial crisis. By taking care of its own, it does much toward that end.
Though opinion is swinging against the free-market model, we argue for restraint against calling off China's current smart and steady march toward reform.
After a field study visit to Shenzhen's urban villages, scholar Zhang Shuguang reflects upon the local government's logic in pushing for a makeover in these havens for low-income groups.
Beijing has limited private cars from the road once a week based on the last number of license plates. The EO editorial questions if the ruling is legal, fair, and has followed proper proceedings.
When reflecting on the melamine-tainted milk scandal, we - as individual member of the society - should also check ourselves and ask: if we have performed our moral duty and social responsibility.
A widening US financial crisis has sparked fear that it will evolve into a global one, China should seize the chance now to push for changes in the international monetary system.
When an administrative system rates its officials' performance based on local economic growth, chances are local officials would side and protect businesses' interests to push for presentable growth statistics.
Over 20% of Chinese dairy makers are found to have used toxic substance in their production, and some are government-endorsed award winning top brands. Should the quality control watchdog take the blame too?
The recent US federal government's move to take over two mortgage giants has prompted calls for the Chinese government to intervene the tumbling stock market, our editorial thinks the suggestion was like comparing apples to oranges.
The EO is disheartened by the amount of SOEs topping a recent list of 500 "strong" Chinese firms. When state-backed giants are rolling in profits they can only be squeezing out smaller private businesses.
