BEIJING Chaussure Nike Vapormax Pas Cher , Aug. 13 (Xinhua) -- China is well-positioned to achieve steady economic growth thanks to the development of the Belt and Road Initiative, according to a senior U.S. economist.
"The Chinese economy has experienced a slowdown, but the worst is over now and the Belt and Road Initiative will help prevent it from being worse," Pippa Malmgren, president and founder of DRPM Group Basket Nike Vapormax Pas Cher , told Xinhua.
The B&R Initiative helps China build links to the rest of the world and create GDP outside the country through increased exports and overseas investment, according to Malmgren, who once served as advisor to former U.S. President George W. Bush for economic policy and financial markets.
Malmgren pointed out that it is important to observe qualitative signals in daily life that indicate economic trends in addition to quantitative indicators like GDP and CPI.
Malmgren is author of "Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy."
Understanding economic signals and taking actions accordingly will help avoid the appearance of "Black Swans" and "Grey Rhinos," which may appear due to ignorance of certain trends, she added.
Malmgren observed that the global economy is facing rising inflation as people have to pay the same price for increasingly smaller products Nike Vapormax Rose Cher , and the solution to the challenge is innovation.
"We are already in the fourth industrialization, featuring artificial intelligence and other new technologies. Innovation will create new forms of growth and kill inflation by lowering costs and prices," she said.
One good way to digest the large pool of money injected into the global market is to invest in the real economy instead of the financial sector, which is what the Chinese government is doing, she said.
"An engineering graduate now can enjoy a higher salary than a finance graduate in the United States. This is one good signal for the real economy Nike Vapormax Bleu Pas Cher ," she said.
Weekly choices of Xinhua photo
1,400 night view projects lightened up in Xiamen
Rescuers continue search in quake-hit Jiuzhaigou
Annual Bud Billiken Parade held in Chicago
Highlights of multinational drill in Georgia
People mark national Fitness Day around China
Aerial view of Gula Town in S China
Qiandao Lake: Home to 114 known fish species
TIRANA, March 22 (Xinhua) -- Albanian leaders expressed solidarity with Belgium after Tuesday's terrorist attacks in Brussels.
"We are in complete solidarity with Belgium and all the citizens of Brussels. There is no room for terrorism in Europe. Albania is on the side of our Euro-Atlantic partners to uproot terrorist cells. The attack against Brussels is an attack against all Europe and humankind," Albanian Parliament Speaker Ilir Meta said.
Albanian Prime Minister Edi Rama posted a message on Facebook saying: "The bombs that cause death to the innocent in the heart of Europe will strengthen the courage of Europe to win this new fight in the name of freedom."
Albanian Foreign Minister Ditmir Bushati who was on his second day of official visit to Greece said on Facebook: "Shocked by the terrorist attack at the heart of European Union... We are with Belgium and the Belgian people in these difficult moments. Albania is in solidarity with the Belgian authorities and people in dealing with the situation and in the joint fight against terrorism."
WASHINGTON, Feb. 11 (Xinhua) -- In her first testimony to the Congress Nike Vapormax Grise Pas Cher , U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.
The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.
Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy, saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.
Yellen, 67 Nike Vapormax Blanche Pas Cher , took the oath of office to lead the Federal Reserve System on Feb. 3, succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.
In the public debut in her new role, Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete Nike Vapormax Noir Pas Cher ," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.
Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent, is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.
"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus Nike Vapormax Junior Pas Cher , referring to the Federal Open Market Committee, which sets monetary policy.
While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.
The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January, citing strengthening economy and continued improvement in the labor market.
The Fed policymakers have suggested they would continue to reduce the bond buying, which now totals 65 billion . Cheap Jerseys Cheap Jerseys Wholesale Cheap Jerseys From China Cheap Jerseys China Cheap Jerseys From China Cheap CustomJerseys Cheap Replica Jerseys Cheap NHL Replica Jerseys Wholesale Jerseys China Wholesale Jerseys From China