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Interest arbitrage practices, which constitute a self-loop within the financial sector, are likely to weaken the links between finance and the real economy and negatively impact the real economy.
The flaws of an earthquake early warning system developed by a non-profit organization have sparked controversy and spurred concern about the proposed national system.
Defining the boundaries of the NDRC and reforming its approval authority is being viewed as a weathervane in the transformation of government functions.
The latest round of taxi industry reform did not raise the issue of reforming the franchise system, which is viewed as the root cause of a number of corrupt practices in the industry.
Potential loopholes exist in procedures from project approval and allocation of subsidies to follow-up supervision, all of which could result in loss of financial funding.
After two decades, the effectiveness and sustainability of North Korea's brinkmanship policy has been called into question.
China should accelerate capital account liberalization and relax restrictions on foreign investment in order to achieve accelerated development of foreign direct investment.
Even though the nation's disaster response capability has improved compared to five years ago, China's disaster relief system is still insufficient in certain areas.
Virtual currencies nourished by booming e-commerce and the mobile Internet may disrupt the current monetary system and have a lasting impact on the financial industry.
The petrochemical industry's practice of subsidizing oil refining businesses with earnings from chemical businesses has been severely tested. Marketization is the industry's only way out.
The central bankallowed the middle rate of the RMB to fluctuate within a wider range so that the domestic foreign exchange market could soonreachequilibrium.
The keys to reform are the government's ability to clarify the boundaries between the state and society, decentralization, and supervision according to the law.
Lagarde said that China's new leadership faces a dilemma and needs to make some trade-offs between short-term economic growth and financial stability.
The stock scandal highlights China's flawed initial public offering (IPO)procedures and gross negligence of the underwriting, accounting, and legal firms Wanfu hired for its IPO.
China needs to normalize its joint prevention and control mechanism for emergencies, in order to make the disease control system faster and more responsive in the future.
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