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China is in the middle of capacity cutting in its overloaded coal sectors, with plans to reduce a further 150 million tonnes of capacity this year.

China has shown strong resilience in the current battle against the novel coronavirus. After the initial hesitation and chaos after the virus was found to be spreading rapidly in Wuhan, authorities quickly took targeted and decisive measures－such as the lockdown of Wuhan, reduction of human movement and mobilization of medical staff from all over the country, including traditional Chinese medicine practitioners－to improve the efficacy of the fight against the virus.

China is ready to make greater efforts to tackle difficulties faced by market players in business operations, aiming to foster a world-class, market-oriented business environment governed by a sound legal framework, the State Council's executive meeting, chaired by Premier Li Keqiang, decided on Wednesday.

China has taken measures to prevent irregular capital outflows in recent years to reduce their impact on economic stability, which also helped to keep the yuan from weakening. [Photo/VCG]

China is not the enemy. The enemy that consumes a nation, a people, is the enemy within. This is not fiction, but rather a story played out time and again as great civilizations of the past collapsed from a bloated national ego that could no longer live up to its own billing, even with a society that trumps all others in self-advertisement.