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East Asia
Prudent monetary policy to continue in China
Despite seemingly contradictory priorities, China will continue to pursue a prudent monetary policy that ensures sufficient liquidity to support economic growth and prevent financial risks as well as keep the renminbi’s exchange rate at a reasonable equilibrium, Chinese officials said on Sunday, March 10. At a wide-ranging press conference on…
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East Asia
Shanxi villagers turn to acting as a path out of poverty
After a quick lunch, Li Tieling, 69, rushes to a location to take part in the filming of a war-themed TV drama in his village of Beishanyun, Yushe county, North China’s Shanxi Province. At the entrance of this traditional and ancient village, uniformed figures in army caps hold a heated…
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East Asia
Commentary: Belt and Road Initiative sets example for world
I have visited more than 10 Chinese cities in my nearly 30 trips to China. I liked interacting with the local communities every time I arrived in a new place, during which I was deeply impressed by the elements of inclusiveness and harmony contained in Chinese culture while maintaining diversity.…
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East Asia
China determined to stabilize, expand employment
After China established vocational education and training centers in northwest China’s Xinjiang Uygur Autonomous Region, some western officials and media outlets constantly attacked China with groundless accusations. However, if they had paid attention to heated discussions about vocational education during China’s two sessions in early March and interpreted China’s moves…
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East Asia
2019 World Journalists Conference Kicks Off in Seoul to Seek Truth
The 2019 World Journalists Conference kicked off on March 25, 2019, with the attendance of about 70 journalists from around 50 countries. The week-long journalist conference was promoted by the Journalists Association of Korea (JAK), which marked the seventh of its kind. It may be the first time ever for…
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East Asia
Trump cancels new sanctions on N. Korea
U.S. President Donald Trump said Friday he has ordered the withdrawal of new sanctions on North Korea, possibly signaling an intention to continue denuclearization negotiations with the regime. Trump was initially thought to be referring to sanctions the U.S. Department of the Treasury imposed Thursday on two Chinese shipping companies…
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East Asia
Lotte Duty Free enters Australian, New Zealand markets
Lotte Duty Free said Monday that it has opened stores in Australia and New Zealand, making it the first South Korean duty-free operator to make inroads into the Oceanian region. A ceremony to mark the opening of the tax-exempted retail outlet at Brisbane International Airport was held on Monday (local…
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East Asia
South Korea: gov’t to foster drone experts for various tasks
South Korea’s transport ministry on Monday announced plans to foster some 300 experts on drones to better utilize unmanned aerial vehicles for various public projects, ranging from environmental protection to defense. The Ministry of Land, Infrastructure, and Transport said it joined forces with the Korea Transportation Safety Authority to expand…
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Culture
Sales of K-dramas up 15 pct on-year at Hong Kong fair
Sales of Korean dramas and films rose around 15 percent at a major international content fair in Hong Kong last week compared with a year earlier, a South Korean government agency said Monday. A total of 25 Korean content sellers recorded a total of US$16.6 million in sales during the…
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East Asia
Yungang Grottoes asks the world for official logo design
Administrators of the Yungang Grottoes, located 16 kilometers west of Datong, north China’s Shanxi Province, recently launched a global competition to design a new official logo, according to the Yungang Grottoes Research Institute, Chinanews.com reported on March 12. With more than 51,000 Buddhist statues of various sizes in 45 existing…
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