Within Japan, every professional person I speak to is bemused

Bysh419aa Posted Feb 22, 2019

Within Japan, every professional person I speak to is bemused

  by Brexit,” said Paul Bacon, a professor at Tokyo’s Waseda University who specializes in Japan’s relations with Europe. “It

is obvious here how economically damaging it will be, and also that it creates serious difficulties for Japan

ese industry.”Britain is set to leave the European Union in less than 40 days, but Prime Minister Theresa May has failed to

secure parliamentary backing for her plan for what happens next, heightening fears of a disorderly departure.

  That’s infuriating for Japanese businesses and government officials, who have been aski

ng for years for reassurances that British leaders would limit the harmful effects of Brexit.

  The “trust has evaporated” between Japanese companies and the UK government, s

aid Seijiro Takeshita, a professor at the University of Shizuoka’s School of Management and Information.

  apan Inc has poured billions into the UK economy. More than 1,000 Japanese companies do bus

iness in the country, supporting more than 140,000 jobs, according to the most recent Japanese government figures.

  Many of them used the United Kingdom as a launchpad into Europe. But if the country

exits the EU’s unified market, “it makes no sense for Japanese industries to base themselves in the UK,” Bacon said.

  Around 60% of Japanese firms in the United Kingdom surveyed by the Japan External Trade Or

ganization in the fall of 2018 said they expected Brexit to have a negative impact on their future business.

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Bysh419aa Posted Feb 22, 2019

The statement made no reference to Britain’s decision to

leave the European Union, and Honda CEO Takahiro Hachigo said in Tokyo that the decision was not rel

ated to Brexit.
But uncertainty concerning Britain’s future trading relationship with its bigg

est export market is one of the big clouds hanging over the car industry.
Brexit backdrop

Christian Stadler, an autos expert and professor of strategic management at Warw

ick Business School, said that Brexit “must have been a factor” in Honda’s decision.

“Companies from Japan and other countries were attracted to Britain because it gave them easier entry to the luc

rative European market, through an English speaking country. At the moment, there is no deal in place to co

ntinue that after Brexit,” he said.
“The United Kingdom will not be able to strike better trade deals than it currently has

before it leaves the European Union, so it starts to look like a less attractive place to build cars,” said Stadler.

www.ashsndt.com

Bysh419aa Posted Feb 21, 2019

Second, capital outflow pressure has been gradually allevia

Since October 2018, emerging markets have once again gained favor from international capital.

In this context, the MSCI expansion of A shares and the inclusion of A shares into the FTSE Em

erging Markets Index will likely happen in 2019, with foreign investment attracted by such major international o

pportunities. Latest data showed that in the fourth quarter of 2018, net inflow of direct investment by overseas financial ins

titutions soared to $2.14 billion, marking the highest level since the third quarter of 2015. Thanks to the overseas investment inflow, China’s capital ou

tflow pressure is expected to continue to be eased in 2019, thus reducing the restraint on its monetary policy.

Third, the yuan’s exchange rate continued to return to its normal valuation. In the long

run, the yuan’s rate reflects changes in China’s economic fundamentals, with two-way fluctuations surrounding its eq

uilibrium exchange rate. In the third quarter of 2018, the effective exchange rate of the yuan was greatly lower than the equilibrium rate. I

n the fourth quarter, the yuan’s rate rebounded slightly, indicating the effective exchange rate had started to r

eturn to its equilibrium level. Due to the still existing gap between the effective rate and equilibrium rate, there is room

for the yuan’s rate to return to its valuation, conducive to further buffering of the external exchange rate risk.

www.sh419ccc.com

Bysh419aa Posted Feb 20, 2019

Russia trade hits record $100 billion with m

Bilateral trade between China and Russia last year exceeded $100 billion as of mid-December, a new record, official figures sh

owed Thursday, and an analyst forecast further increases in high-technology trade and e-commerce this year.

Bilateral trade grew 27.8 percent year-on-year in the first 11 months of 2018 to $97.24 billion,

Gao Feng, spokesperson of China’s Ministry of Commerce (MOFCOM), told a press conference on Thursday.

Projects that China and Russia have been cooperating on include nuclear power and other energy sectors, as well as the aviation industry, Gao said.

China remains Russia’s largest trading partner. In the first 11 months of last year, bilateral trade in electronic pro

ducts and the high-technology sector increased 15 percent and 29 percent, respectively, according to MOFCOM.

Trade in agricultural products increased by 31 percent, Gao said.

Cooperation involving strategic large projects achieved remarkable results. Eme

rging fields such as nuclear energy and aerospace have also increased rapidly, Gao noted.

sh419wk.com

Bysh419aa Posted Feb 20, 2019

hinese analysts say the UK can set an example for Eu

Chinese analysts hailed the UK’s move to deal with concerns about risks of cooperating with Huawei in 5G through technical measures, and said the UK has

et an example for other European countries on the issue to prevent the effects of the US.

Zhang Chi, a Chinese telecommunications industry observer, said a Huewei offcial in the UK told him that the UK set up a

special testing center composed of working staff from Huawei and technological officials from the UK an

d headed by the latter, which was one of the ways to limit the risk

s of using Huawei mentioned in a Financial Times report on Monday.

“Such a facility runs a thorough, transparent examination of Huawei’s device and operating c

ode, and Huawei products can only enter the UK’s network after passing such tests,” Zhang told the G

lobal Times on Monday, and such a testing system is wh

ere the UK draws confidence from in terms of managing risks.

“In the era of globalization, China will embrace the world with open arms. We also expect the UK to maint

ain its true nature of opening and making wise choices based

on its own interests and work with China to bring more benefits to

the Chinese and British people,” Chinese Foreign Ministry

spokesperson Geng Shuang said at a routine press conference on Monday.

www.sha419.com

Bysh419aa Posted Feb 19, 2019

Investment can create ‘virtuous circle’ for CPECtan-based Is

After a suicide attack claimed by the Pakistan-based Islamist militant group Jaish-e-Mohammad (JeM) ki

lled at least 40 Indian paramilitary troopers in the Pulwama district, India has said it will en

sure the isolation of Pakistan in the international community and withdraw the Most Favored Nation status given to Pakistan.

China firmly opposes and strongly condemns all forms of terrorism. The country, also a victim of terrorism, is exp

ected to do what it can to provide support and assistance to India to enhance anti-terrorism cooperation.

However, if the terror attack leads to political and economic isolation, ordinary Pakistani p

eople will become the scapegoat of JeM. Poverty has more of a role in terrorism than some Indian ex

perts may believe. If foreign aid and investment can help Pakistan eliminate poverty, the growth environment for terrorism will be destroyed.

“China is promising about $3.5 billion to help bolster Pakistan’s dwindling foreign cash reserves” and pay fo

r the country’s socioeconomic development plans, the US-based Voice of America reported last week. Although the Chinese government ha

s not confirmed the news, it is unlikely that China will change its supportive attitude on the China-Pakistan Economic Corridor (CPEC).

www.shg419.com

Bysh419aa Posted Feb 19, 2019

Under the China-proposed Belt and Road Initiative, investment

from China has improved local infrastructure, resolved the country’s chronic energy crisis, a

nd made Pakistan a more attractive destination for foreign investment. We cannot give up halfway. Th

e question now is how to maximize the efficiency of Chinese loans to benefit the local people and Chinese investors.

Although Saudi Crown Prince Mohammed Bin Salman has reportedly postponed his trip to Pakistan amid heightened t

ensions between India and Pakistan, Pakistan is still likely to get an economic package from Saudi Arabia to support its economy.

China will be pleased to see the CPEC become leverage for increased economic cooperation betw

een Pakistan and the international community. Closer economic interaction will help maximize th

e efficiency of Chinese investment and promote regional economic integration. As Pakistan further integrates itself into the

global economy, foreign investment is likely to yield more employment benefits and help the country fight poverty. Prob

lems such as security concerns have also posed challenges to the CPEC. If foreign investment can help reduce p

overty and fight terrorism in the South Asian country, it will create a virtuous circle for the development of CPEC.

shg419.com

Bysh419aa Posted Feb 19, 2019

Germany claims the crown for record gathering of smurfs

group of German friends claimed a world record on Saturday for the highest

number of smurfs gathered in one place.

Fans of the blue elf-like creatures created in a Belgian comic strip during

the 1950s, managed to gather

2,762 people dressed and painted blue in regulation smurf attire – curly hats and all.

The gathering took place at the town of Lauchringen, near the German border

with Switzerland, the organizers reported on Facebook.

Their record came three years after their first attempt failed to beat the record

held by Welsh students who managed to unite 2,510 regulation smurfs in Swansea back in 2009.

The German‘s first effort failed, with only 2,149 turning up.

The rules of the game are strict: The only people counted as the genuine article are

those with any bare skin painted blue and the rest of the body clothed in smurf attire.

The group of friends made their second, victorious attempt on Saturday with the

backing of the mayor of Lauchringen, they said.

The smurfs, small, impish creatures who live in a village, were created by the

Belgian cartoonist Pierre Culliford, known as Peyo.

They became so popular that the stories eventually spilled over into cartoons and

even live-action films.

sh419bb.com

Bysh419aa Posted Feb 18, 2019

ccording to Jha, domestic issues, and not international

dominated Indian elections. “As such, China is not a threat to internal peace and security though a lingering border dispute has made people skeptical of China

,” Jha explains. Moreover, the way both nations dealt with the Doklam standoff indicates their maturity in handling such issues.

Pakistan, however, has been dominating every election since both nations have fought several wars and the w

ay Pakistan has been in the eye of the storm over allegations of supporting cross-border terrorism.

Pakistan also dominated the last general elections in 2014. During the mon

ths-long campaign, a top BJP leader Giriraj Singh said those opposing Modi should go to P

akistan. The remarks, many say, led to a strong polarization of Hindu votes in the surrounding areas as the BJP ma

de a clean sweep in Jharkhand and neighboring Bihar. Singh is currently a federal minister.

But why is the BJP desperate to play the China card this time? As per reports, the BJP has become apprehensive of not put

ting up a good show in the elections. Modi dropped enough hints about it when he urged people to elect a stable g

overnment so it could take “tough and strong decisions”. Various poll surveys too are making similar predictions.

www.shm419.com

Bysh419aa Posted Feb 17, 2019

Regulator issues guidelines to make loan renewal easier

he China Banking and Insurance Regulatory Commission Beijing Office announced on Thursday it has issued guidelines for banking institutions on re

newing micro and small business loans to shorten the financing chain and reduce financing costs.

The guidelines aim to cut unnecessary so-called “passageway business” a

nd bridging finance that “bridges” the gap between the time when a company’s m

oney is set to run out and when it can expect to receive an infusion of funds later on, under the premise that banking in

stitutions will meet the requirements on internal control and risk management.

“The loan renewal policy is actually a credit policy to incentivize lending to high-quality enterpri

ses,” said Jiang Ping, a senior official at the China Banking and Insurance Regulatory Commission Beijing Office.

“For companies that have run into temporary operational difficulties but still have enormous potential for development, banks should help them get th

rough the tough times by renewing their loans. However, banks are forbidden from covering or delaying risk ex

posure associated with lending to ‘zombie firms’, which cannot repay loans, in the name of loan renewal,” she said.

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