The recent trademark disputes of international brands, such as Apple and Herms, to some extent, indicate that 2012 will be a significant year for the development of intellectual property rights in China.
The realization of all the high hopes pinned on Chinese consumers hinges on not only how equally they are enriched but also how forcefully they are empowered, a perennial theme of International Consumer Rights Day observed on Thursday.
Zhou Xiaochuan, the governor of China's central bank, in response to widespread criticism of the large profits reaped by the country's banking sector, said at a news conference on Monday that changed economic cycles have contributed to the high but not exorbitant profit growth of domestic banks.
US President Barack Obama announced on Tuesday that the United States, joined by Japan and the European Union, has filed complaints with the World Trade Organization over China's rare earth export quotas.
There shouldn't need to be a debate about whether China should provide economic aid and technical assistance to other countries. Yet voices have been raised in recent years decrying China's foreign aid as an unnecessary face-saving project that it cannot afford.