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PostPosted: Mon 14 May - 10:57 (2018)    Post subject: Authentic Travis Konecny Jersey Reply with quote

TOKYO Danny Drinkwater Chelsea Jersey , Sept. 28 (Xinhua) -- The U.S. dollar changed hands in the upper 112 yen zone in early deals in Tokyo on Thursday, after rising to a near-two-and-a-half month high in New York overnight.

As markets opened here, the dollar was quoted at 112.87-88 yen compared with 112.75-85 yen in New York and 112.68-69 yen at 5 p.m. on Wednesday in Tokyo.

The euro, meanwhile Charly Musonda Chelsea Jersey , fetched 1.1751-1751 dollars and 132.62-63 yen against 1.1739-1749 dollars and 132.45-55 yen in New York and 1.1755-1757 dollars and 132.46-50 yen in late Wednesday afternoon trade in Tokyo.

Chinese books, woodblock printing shine at Nairobi Int'l Book Fair

Lantern festival held to celebrate upcoming National Day

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Labour Party's Annual Conference closes in Brighton Cesc Fabregas Chelsea Jersey , Britain

Modern manufacturing, transport help six Chinese provinces develop fast

A look at Kantuman Bazaar in China's Xinjiang

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Scenery of high-speed rail networks in south China's Guangxi



by Xinhua Writer Zhu Dongyang

BEIJING, Dec. 12 (Xinhua) -- With tough transitional challenges ahead and painstaking adjustments behind, China has risen to become a bellwether of global free trade and a token of globalization at large, after 15 years since its accession to the World Trade Organization (WTO).

An undisputable winner of globalization, China has undergone the whole process with costs and pains. But all that has benefited China and the world due to the country's impregnable integration into the global system has proved the worthiness of such afflictions.

Among all the catalysts for China's success, openness always comes first. The nation's milestone accession to the world's largest trading bloc has made a perfect marriage between the nation and the global value chain, as burgeoning Chinese businesses begin to go global, and international enterprises ride on the crest of their ambitions in the tantalizing Chinese market.

More remarkable is China's readiness to dance with "wolves" fed by the global free trade system. Instead of being a head-in-the-sand ostrich, China has from the beginning responded to the challenges with resolute reforms to make a market economy at all costs, rather than quench its initial disorientation with poisonous protectionism.

China's success after its entry into the WTO has proved that compared with other resources, the stamina nourished by an inclusive and flexible mindset will win in the race for the silver line of the global free trade.

For all these years, political and business leaders of the Asian country have grown increasingly accustomed to acting within the international legal and business framework, marking a stark contrast to the raging economic protectionism and political conservatism unleashed by their counterparts in Western developed countries, once major advocates for and beneficiaries of free global trade.

More annoying are some penny-wise maneuvers of some specific economies to take advantage of these alarming "black swans" against the globalization for their own goods.

Cases can be found in the announcements of Japan and its Western allies, all major WTO members, to break their moral and legal commitments to the organization by refusing to recognize China's deserved "market economy status (MES)," even though China has automatically switched over to the status under WTO rules on Sunday.

Nevertheless, the refusal will neither write off China's dedication to the world's free trade for 15 years, nor undermine its resolve to continue pursuing the global connectivity by means of such arrangements as the Asian Infrastructure Investment Bank, the Belt and Road Initiative, and the Free Trade Area of the Asia-Pacific.

The West's protectionist shenanigans in the excuse of defending the public wellbeing is but an attempt to cover up its reluctance to lose the rule-making monopoly, one of the chief culprits for the current flawed global system that is more preferable to the affluent minority.

It is highly advisable for all the global trade partners to relinquish the zero-sum mentality and work with China for mutually beneficial cooperation to make a robust global recovery.

Further negotiations on issues including geopolitics, technological standards and funding are needed for a high-speed railway China is planning between the Xinjiang Uygur autonomous region and Eastern Europe Cesar Azpilicueta Chelsea Jersey , according to experts.

The 6,000-km link will start in Xinjiang and pass through Kyrgyzstan, Tajikistan, Uzbekistan Antonio Rudiger Chelsea Jersey , Turkmenistan, Iran and Turkey to Bulgaria, said Zhao Xiaogang, former chairman of China South Locomotive and Rolling Stock Co (CSR) Andreas Christensen Chelsea Jersey , a leading Chinese industrial manufacturer and exporter.

Zhao is also an adviser to the China Institute for Innovation and Development Strategy.

Passenger train speeds will reach 200 kph and freight trains 160 kph, Zhao told China Daily.

Investment in the line will be about $150 billion, Zhao said, adding that it could be largely finished in 2020 and fully completed by 2030.

"It can be regarded as a new Silk Road Alvaro Morata Chelsea Jersey ," he said.

The pace of railway construction in Xinjiang has increased significantly since September, when President Xi Jinping raised the idea of a Silk Road economic belt. He proposed reviving the ancient trade route connecting China, Central Asia and Europe.

Zhao also said China is considering a 3,000-km line from Yunnan province that would pass through Laos Willy Caballero Jersey , Thailand and Malaysia to Singapore.

Total investment would be about $75 billion and the project would boost the GDP of China and related countries by $375 billion. The project could be largely finished in 2020 and fully completed in 2025, he said.

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