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14 июня 2018 г. 07:02

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NANJING, Oct. 17 (Xinhua) -- Chinese investment in Germany jumped to 10.8 billion U.S. dollars in the first half of this year, nearly twice the total volume of the past decade, an official with China's Ministry of Commerce said Monday.

 

Chinese investors invested 5.9 billion U.S. dollars in Germany from 2005 to 2015, said Yi Yang, deputy director of the ministry's Investment Promotion Agency, during the 2016 China-Germany Investment and M&A Forum in east China's Kunshan City, Jiangsu Province.

 

Germany is China's largest trade partner in Europe. Trade between the two countries exceeded 160 billion U.S. dollars last year, accounting for one third of the total volume between China and the European Union.

 

Germany's direct investment in China topped 40 billion U.S. dollars in 2015, with over 8,200 companies opening branches in China. In the meantime, China has expanded investment in Germany, with over 2,000 companies operating in Germany.

 

"From the previous one-way investment from Germany to China to today's two-way investment, it is a major upgrade in trade relations between the two countries," Yi said.

 

 

 

by Bosun Awoniyi

 

LAGOS, Sept. 1 (Xinhua) -- Nigeria is working hard to grow its non-oil economy as a 2.06-percent decline year on year in second quarter GDP indicates reliance on oil as the bulwark of its economy spells trouble.

 

A report released by the National Bureau of Statistics (NBS) on Wednesday showed that the economy had nosedived following rising inflation for years.

 

Over a month ago, the government said the economy was in a "technical" recession.

 

But the NBS data Wednesday confirmed the nation's worst economic recession in over a decade. Consumer Price Index (CPI), which measures inflation, rose to 17.1 percent in July from 16.5 percent in June.

 

Speaking after the Federal Executive Council meeting in Abuja, Finance Minister Kemi Adeosun described the country as being in its "worst possible time", but stressed there is a silver lining.

 

"We know that if we can just bear and get through this difficult period. Nigeria is going to be better for it," she added.

 

The minister dismissed the insinuation that those managing the nation's economy were running out of ideas and confused.

 

"We are not confused; the time is confusing but we are not confused. We are extremely focused," Adeosun said in reaction to the NBS report.

 

"If we rely on oil, and the price of oil remains low and the quantity of oil remains low, we can't grow. We have to grow our non-oil economy," she told reporters.

 

Tony Ejinkeonye, President of the Abuja Chamber of Commerce and Industry, said this is really not a good time for the country, as economic recession has led to unemployment, lower wages and incomes, as well as lost opportunities.

 

Education, private capital investments, and economic opportunity were all likely to suffer in the current downturn, Ejinkeonye said.

 

Ejinkeonye said with the credit crunch and the reduction in consumer demand, small businesses were also likely to suffer deficit within the period of recession.

 

He said this was especially worrying given the role of small businesses as a key driver of growth and job creation.

 

The chamber's president stressed the need for government to act urgently to create a valuable economic motivation plan to stimulate growth.

 

The diversification of the country's productive base remained the long-term solution to weak Naira, with agriculture and solid minerals holding vast promises in this regard, an economic expert, Uche Uwaleke said.

 

Uwaleke said the weak infrastructure such as power and transport as well as high cost of petroleum products combined with the citizens' penchant for foreign goods were factors pushing up commodity prices.

 

On his part, Peter Eson-Ozo, General Secretary of Nigeria Labor Congress (NLC), emphasized the urgent need for an overarching policy that would address the economic situation.

 

"As of now, we do not seem to have a policy response that shows where we are in the economy," he said.

 

"Today you talk of foreign exchange management policy response, tomorrow you talk of interest rate, and you know economic isolation will not address this problem," he said.

 

LOS ANGELES Jordan 1 High OG Wheat , Aug. 1 (Xinhua) -- Hollywood actor George Clooney's Foundation would contribute 2.25 million U.S dollars to sponsor the opening of seven public schools in Lebanon, which could help over 3 Jordan 1 Retro High OG ,000 out-of-school Syrian refugee children back to school this academic year.

 

This project was disclosed by its partners, including Google.org Jordan 1 High OG For Sale , HP and the United Nations Children's Fund (UNICEF ). HP supported the project with one million U.S dollar technology grant and Google.org made a generous donation as well.

 

A press release of UNICEF Monday quoted the super star and his wife Amal Clooney's word as saying "Thousands of young Syrian refugees are at risk -- the risk of never being a productive part of society. Formal education can help change that. That's our goal with this initiative."

 

" We don't want to lose an entire generation because they had the bad luck of being born in the wrong place at the wrong time," it said.

 

Lebanon's Minister of Education Marwan Hamade said "Each child given access to education Jordan 1 High OG Shoes , and new ways of learning, represents a life changed for the better. Today's grant from the Clooney Foundation for Justice (CFJ) is therefore a crucial investment in future generations in Lebanon Jordan 1 High OG ," according to UNICEEF's website.

 

Since the Syrian civil war began in 2011, millions of families fled the war zones and many children were out of school. Currently there are over one million Syrian refugees registered in Lebanon Cheap Air Jordan 1 Retro High OG Black Gold White , with a third being children.

 

Clooney established the Clooney Foundation for Justice in 2016 with his wife, who was b. Wholesale Jerseys China   Wholesale Jerseys China   Wholesale MLB Jerseys   Wholesale Cheap Jerseys   Wholesale Authentic NBA Jerseys   Wholesale Authentic MLB Jerseys   Wholesale Soccer Jerseys Free Shipping   Cheap Jerseys China   Cheap Jerseys China   Cheap Basketball Jerseys 

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