hnology in manufacturing a

#1 von xuezhiqian123 , 29.01.2019 02:38

TEHRAN -- Iranian President Hassan Rouhani on Wednesday censuredU.S. President Donald Trump's recent anti-Iran speech as "ignorantand spiteful" at the UN General Assembly.

Trump's "rhetoric against Iran was ignorant and spiteful Adidas Originals Mujer Superstar Slip On W Blancas Baratas ,abundant with false information and baseless allegations," Rouhanisaid, addressing the 72nd session of the UN General Assembly.(Iran-Rouhani-Trump)

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DOHA -- Qatari Emir Sheikh Tamim bin Hamad Al Thani has calledfor an international convention to settle its diplomatic crisiswith Saudi-led Arab quartet through peaceful means, state-run QatarNews Agency reported Wednesday.

"The blockade was imposed abruptly and without warning,prompting Qataris to consider it as a kind of treachery," Al Thanisaid in a speech at the opening of the 72nd Session of the UnitedNations General Assembly. (Qatar-Diplomatic Crisis)

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MANAMA -- Bahrain's government on Wednesday announced it hashired a law firm to secure the release of 19 fishermen who werecaught by Qatari authorities.

Qatari officials impounded 16 Bahraini fishing vessels and theircrew, which, Bahrain officials said, has violated internationalmaritime regulations. (Bahrain-Qatar-Fisherman)

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ANKARA -- Turkey has deployed fully equipped commando units aspart of military reinforcements along its southern border withSyria, state-run Anadolu Agency reported on Wednesday, citing amilitary source.

The military vehicles loading fully equipped commandos travelledto the Syrian border on Wednesday, near Reyhanli district ofsouthern Hatay province, according to the anonymous source.(Turkey-Syria) Enditem

BEIJING, April 19 (Xinhua) -- China's financial market is undergoing a tremendous transformation, which will generate more opportunities for the Chinese economy in the years to come, Deutsche Bank co-Chief Executive Officer John Cryan told Xinhua here recently.

The Frankfurt-based bank executive made his first trip to China after taking realm as Deutsche Bank's co-CEO in July 2015, in hopes of studying the bank's local business firsthand.

"China is a strategic market for Deutsche Bank" and there are "growth opportunities in every one of (the bank's) key business areas here," he said.

"When I think of China, I think of a person in their 30s running a marathon," he said. "Since the 1980s China has made great strides toward rapid economic growth and globalization. It's amazing what China has achieved in such a short period, and the journey is far from over."

According to him, there is room for the further development of China's economy, especially in the service and consumer industries. In parallel, "a strong, flexible and globally connected financial system would be able to support (China's) economic growth in more complex ways," he noted.

The banker thinks the Chinese government has been doing a fairly good job in managing a difficult transition process in which the old drivers of growth -- infrastructure and property investment and exports -- are giving way to consumption-led growth.

"With the adoption of prudent and supportive monetary and fiscal policies, the (Chinese) authorities have ensured that growth has slowed down gradually, consumer prices have been broadly stable and rising employment has been sustained," Cryan said.

"Services have taken over from manufacturing as the main source of growth and employment, the private sector is expanding and median household income growth in China continues to rise at an enviable pace, more than 8 percent in real terms last year," he further explained.

"I see some similarities in the Chinese transition process," Cryan added. "First, the shift from old to new growth drivers has a geographic dimension. It is a great responsibility and hugely complicated to forge a macroeconomic policy for an increasingly heterogeneous economy," he said.

"Second, often lost among the news about restructuring pain is the fact that China - like Deutsche Bank's home country Germany - is making great strides in advancing technology in manufacturing and services. This will help China and Germany to forge ahead economically in the years ahead. When current expectations stabilize, companies will increase their investment and global trade will regain its momentum. This will help Europe and China," Cryan added.

With regard to the performance of the Chinese currency renminbi, RMB or yuan, Cryan thinks the RMB has moved to the center stage in the global arena, creating many promising trade and investment opportunities.

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