BEIJING Cheap Women's New Balance 574 Retro Light Purple Shoes , Aug. 13 (Xinhua) -- China is well-positioned to achieve steady economic growth thanks to the development of the Belt and Road Initiative, according to a senior U.S. economist.
"The Chinese economy has experienced a slowdown, but the worst is over now and the Belt and Road Initiative will help prevent it from being worse," Pippa Malmgren, president and founder of DRPM Group, told Xinhua.
The B&R Initiative helps China build links to the rest of the world and create GDP outside the country through increased exports and overseas investment Cheap Women's New Balance 574 Floral Retro Pink White Green Shoes , according to Malmgren, who once served as advisor to former U.S. President George W. Bush for economic policy and financial markets.
Malmgren pointed out that it is important to observe qualitative signals in daily life that indicate economic trends in addition to quantitative indicators like GDP and CPI.
Malmgren is author of "Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy."
Understanding economic signals and taking actions accordingly will help avoid the appearance of "Black Swans" and "Grey Rhinos," which may appear due to ignorance of certain trends, she added.
Malmgren observed that the global economy is facing rising inflation as people have to pay the same price for increasingly smaller products, and the solution to the challenge is innovation.
"We are already in the fourth industrialization, featuring artificial intelligence and other new technologies. Innovation will create new forms of growth and kill inflation by lowering costs and prices Cheap Men's New Balance 574 Classic Grey White Shoes ," she said.
One good way to digest the large pool of money injected into the global market is to invest in the real economy instead of the financial sector, which is what the Chinese government is doing, she said.
"An engineering graduate now can enjoy a higher salary than a finance graduate in the United States. This is one good signal for the real economy," she said.
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LOS ANGELES, Aug. 11 (Xinhua) -- A Los Angeles-based businessman manufacturing bomb shelters said Friday that the demand keeps growing as fears have intensified amid the exchange of fierce rhetoric between Washington and Pyongyang.
The Democratic People's Republic of Korea (DPRK)'s military said in a statement Thursday that it had a plan to strike Guam with intermediate missiles Cheap Women's New Balance 574 Orange Green Shoes , as a response to U.S. President Donald Trump's stern warning on Tuesday in which he said "North Korea (DPRK) best not make any more threats to the United States. They will be met with fire and fury like the world has never seen."
It is not only Guams, a U.S. island territory in the Western Pacific, but also people living in the West Coast of the United States, felt concerned, Ron Hubbard, president of Atlas Survival Shelters Cheap Women's New Balance 574 Orange Navy Shoes , told Xinhua in an interview.
"There is a lot of (people) interest to it because of the threat, this business is wired, if not very good, it will be very bad, usually is very bad, but this week is very good Cheap Men's New Balance 574 Black White Shoes , because of Donald Trump and North Korea (DPRK)," he said.
He said he started the business in 2010 and had seen spikes in business in the past when there were rumours about the world ending in 2012 and when ISIS came to power, but never anything like this period as thousands people showed their interests in the products.
The bankers, sold on price from 10,000 to 100,000 U.S. dollars Cheap Women's New Balance 574 Retro Black Green Shoes , are designed to be buried 20 feet underground in backyard, and people can live in them comfortably up to one year with equipped solar power panel after a nuclear bomb attack.
Meanwhile, the company has also produced smaller shelters for tornado, which can be made in 6 to 7 hours but has a much bigger market in U.S.
Hubbard said there are orders from Japan for the bomb banker, but never received any demand from South Korea.
"If there is more threat, more danger of nuclear war Cheap Women's New Balance 574 Black White Shoes , maybe we can find more demands," he added.
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CANBERRA, Dec. 22 (Xinhua) -- Big Bash League (BBL) organizers are contemplating an Australian-first Christmas Day cricket match, in an effort to capture a lucrative, U.S-like audience, local media reported on Tuesday.
The idea Cheap Women's New Balance 574 Pink White Shoes , which is in the early stages of planning, would result in a standalone feature match to be played on Christmas Day, similar to how the NBA and NFL in the United States schedule feature matches for the holiday.
Head of the BBL in Australia, Anthony Everard, told the Australian Associated Press (AAP) that the Twenty20 match could capture a huge television audience as Christmas Day celebrations wind down in the late afternoon.？
He said Twenty20 was the perfect platform to trial a Christmas Day match in Australia - something that has never been done before.
"There's certainly a precedent over in the US - they're very popular events," Everard said on Tuesday.
"There's no question there would be strong demand on television for a game on Christmas Day but that's not reason enough on its own for us to contemplate it - it needs to fit into the bigger picture."
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