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Donnerstag, 22. März 2018, 01:36

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KUALA LUMPUR Vans Toy
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, Aug.1 (Xinhua) -- China's Renminbi (RMB)
is expected to regain its momentum as U.S. dollar is likely to remain weak and
the Belt and Road Initiative may drive the demand of RMB, economists said here
Tuesday.

JP Morgan (China)'s senior economist Grace Ng told a banking conference in
Kuala Lumpur that the macro backdrop for RMB has been gradually improving as the
global economy is starting to improve and the greenback is expected to stay
weak.

"As the U.S. dollar started to weaken against many currencies in the first
half, we don't see the return of significant dollar strengthening as we saw in
the previous two to three years," she said.

The global economy, which is in recovering path, will also boost China's
export sector Vans
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, which in turn would create a
more stable condition for the country and its currency, she added.

The event was organized by the Asian Institute of Chartered Bankers and
China's Tsinghua University.

Concurred with Ng, BNP Paribas Asset Management (Hong Kong)'s senior
economist Chi Lo opined that the RMB will regain its confidence from investors
if the U.S. dollar remains weak.

According to Bloomberg statistics, the U.S. dollar has depreciated 3.25
percent to 6.71 against RMB year-to-date.

"I believe at the end of this year, the U.S. dollar against the RMB could
trade even below 6.7. By next year, the RMB may strengthen another 2 percent
further Vans
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," Lo said.

Lo also sees the increasing trades demand as the major driving force for RMB,
especially with the implementation of the Belt and Road Initiative.

China-proposed Belt and Road Initiative aims to build trade and
infrastructure networks connecting Asia with Europe and Africa on and beyond the
ancient Silk Road routes. It comprises the Silk Road Economic Belt and the 21st
Century Maritime Silk Road.

"When China expands its trade network via the Belt and Road Initiative, using
RMB will be quite natural; assuming the trading partner to accept RMB is also
logic," Lo added.

He does not discount the possibilities that RMB would become the third
largest global reserve currency in three years' time.

RMB accounted for only 1.2 percent of global reserve currently, he said.

HSBC (Hong Kong)'s Greater China foreign exchange trading's head Ben WP Lim
shared the same view that the RMB internationalization will regain its momentum,
underpinned by the Belt and Road Initiative.

"I am quite confident the (RMB internationalization) process will be speeding
up in the next three years Vans
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, and we will see the increasing
usage of RMB in offshore market," he added.

China marks PLA's 90th anniversary with grand rally

China issues commemorative stamps to mark 90th birthday of PLA

Nanchang Uprising commemorated in east China's Jiangxi

World's first panda cub born to captive and wild parents

Military parade held to mark PLA 90th birthday (Part I)

SWAT team members take part in drill

Acrobatic show staged in China's Xinjiang

Martial arts competition held in China's Henan

TAIPEI, March 7 (Xinhua) -- A 49-strong crew on a Taiwan-registered fishing
boat has been unaccounted for since the loss of contact on Feb. 26 in the South
Atlantic, according to local media.

The missing included 11 from the Chinese mainland. The captain and another
crew member came from Taiwan, along with 21 Indonesians, 13 Filipinos and two
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, according to the fishery
authority.

The 700-tonne trawler, Hsiang Fu Chun, sailed off from Kaohsiung in January
to the sea area 1,700 sea miles east of the Falkland Islands for fishing and was
due to return in May, the fishery agency said.

The boat lost all contact with the shipowner at 3 a.m. on Feb. 26 and has not
been seen since despite a search action, it added.

In the last communication Vans Sk8
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, the captain reportedly told the
shipowner that the boat was taking in water in areas of the South Atlantic,
media reports quoted fishery agency deputy head Huang Hung-yan as saying.

The agency believed the boat could still be drifting in the region, probably
without power, since no signals of wreckage or notice of hijack have been sent
by the boat. Huang did not rule out the possibility that the boat will reach the
land.

At least three Taiwan vessels close to the area where Hsiang Fu Chun went
missing have joined the search.

Huang said it is difficult to send either an airplane or a boat to the
rescue, as the vessel went missing far from land, in treacherous sea conditions.


BEIJING Tilbud
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, July 20 (Xinhua) -- Beijing is a good
place to spend the winter vacation, especially during the Chinese new year, an
annual celebration for Chinese.

In 2022, Beijing has a chance to present the traditional Chinese culture to
the athletes.

"If we succeed in the bidding, we will invite athletes from all over the
world to take part in an Olympic Games along the Great Wall, and that will
definitely be a special experience Købe Vans Old
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," said Wang Hui, head of communications of the
Beijing 2022 Bid Committee.

"Chinese new year is a treasure of Chinese culture, which became an important
festival thousands of years ago. Beijing plans to present that to athletes and
the Olympics.

"Beijing will make special contribution to the Olympics through that," Wang
added.

Athlete experience is always considered as an important part of Beijing's bid
for 2022 Winter Games. The Great Wall, the Spring Festival will become special
experience of athletes, and Beijing prepares much more than that.

"Convenience for the athletes is the primary criterion for Beijing
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," said Beijing 2022 in the candidature
file for the bid.

"Games-standard services will be provided in areas including training,
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