SAN FRANCISCO Miralem Pjanic Jersey , Jan. 5 (Xinhua) -- U.S. top tech company Apple Inc.'s offer to replace iPhone batteries at lower prices could cut sales by millions of units this year, Bloomberg reported Thursday.
The report quoted Barclays' analyst Mark Moskowitz as saying that Apple could lose 16 million iPhone upgrades in 2018, as more people would take the 29-U.S.-dollar battery offer and decide not to buy a new iPhone.
Last week, Apple apologized for slowing down the performance of old-version iPhones with older batteries, which has already drawn multiple lawsuits.
The unannounced move by Apple has aroused anger among some Apple customers, who regarded Apple's secret handling of iPhones with older batteries as a trick to force them to buy newer but more expensive Apple devices.
In response to consumer outrage, Apple said it will cut 50 dollars from the out-of-warranty iPhone battery replacement for the next year.
HONG KONG, Jan. 17 (Xinhua) -- The Asian Infrastructure Investment Bank (AIIB) is not a "China's bank," but a multilateral development institution operating by international standards, AIIB President Jin Liqun said at a financial forum in Hong Kong.
"AIIB is a bank initiated by China, but it's not a 'China's bank'," Jin said, adding that AIIB, which was created through negotiations of all the 57 founding member countries and now has 84 members, is a multilateral development bank "operating by international standards and with 21-century governance."
"We will work with all the countries regardless of their membership ... We recruit professionals from across the world ... (and) we have international competitive bidding (that) any company can participate," Jin said in a dialogue on the impact of China's policies on global economic development during the two-day Asian Financial Forum that concluded on Tuesday.
According to Jin, China's idea to propose this new bank is "to supplement the efforts of existing institutions like the World Bank and ADB."
On the relationship between AIIB and other Chinese-proposed initiatives such as the Belt and Road Initiative, Jin said that since lots of projects related to the initiative are for AIIB member countries, the bank is "duty-bound" to support these projects.
However, he stressed that AIIB will consider financing the projects only if they are financially sustainable, environmentally friendly and acceptable to local people.
"We are not going to do loss-making business ... We are not going to do an infrastructure project leaving a big footprint in the environment ... (and) we should bring benefit to the local people, not to create problems," Jin said.
Kayaking as an activity is relatively easy to practice as it involves the use of only a kayak and a paddle, with the kayak being the most important tool. Although the use of plastic or fiberglass kayaks is prominent, it is the inflatable kayak that has revolutionized the sport and made it a popular recreational activity. With the growing demand for inflatable kayaks, the market is flooded with several leading brands making it difficult to make the right purchase. Hence, following a few tips or reviews can help paddlers in selecting the perfect inflatable kayak.
There are a host of inflatable kayak brands that sell kayaks at reasonable prices. However, paddlers must keep in mind their requirement and the quality of the kayak while making a purchase. A few reviews of some of the major inflatable kayak brands are as follows:
Sea Eagle Inflatable Kayaks: One of the oldest manufacturers of inflatable kayaks, Sea Eagle has been in the business since 1968. Sea Eagle inflatable kayaks are regarded as one of the best inflatable kayaks and the greatest advantage is that they are equally efficient in whitewater and flatwater kayaking. Among the several Sea Eagle inflatable kayaks, the Sea Eagle Explorer is an extremely prolific kayak. Good quality and flexibility are the highlights of the Sea Eagle Explorer and the paddler can also take a partner along.
NRS Bandit: The NRS Bandit is a great whitewater kayak and is used extensively by paddlers. It is light weight and hence very easy to carry. However, despite being light weight, the NRS Bandit is extremely tough and designed to endure the rigours of whitewater kayaking.
Sevylor XK River Kayaks: Yet another whitewater kayak, the Sevylor XK is great to maneuver in rivers with strong currents. Also, the kayak is sufficiently large to store kayaking gear, making it very convenient for the paddler.
Innova Sunny: Unlike the Sevylor XK and the NRS Bandit, the Innova Sunny is a flatwater kayak and can be used only Class I river kayaking. The Innova Sunny is a great for flatwater kayaking, kayak fishing and camping. Although it can accommodate two paddlers but it can also be converted for single paddler.
Airis Angler: As the name suggests, this is one of the most popular kayaks used in kayak fishing. The Airis Angler is light weight, compact and easy to maneuver and can be carried to any fishing location. Also, the Airis Angler offers several fishing accessories making it the ideal medium to go for kayak fishing.
Innova Seaker I: Yet another classic design from Innova, the Seaker I is a sea kayaking expedition kayak that offers great quality at a reasonable price. One of the greatest advantages of Seaker I is that it can be assembled within a few minutes.
Innova Seaker II: The Innova Seaker II is also designed for the purpose of sea kayaking but accommodates two paddlers and about 200 lbs. of gear. Like the The Seaker II is very strong and comprises of integrated dry deck with mesh deck bags. The Seaker can be setup within 15 minutes, a great benefit for the paddlers.
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