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BEIJING Solde Nike Air Presto Uncaged Ultra Blanche , March 18 (Xinhua) -- The Economist Intelligence Unit warned the world that China was set for a hard landing in its latest global risk analysis report, but closer inspection shows it to be a false alarm.


The forecasting and advisory services provider issued a report Thursday rating a sharp economic slowdown in China as their top risk scenario, on the back of concerns over the country's febrile manufacturing sector, rising debt and growing downward pressure on the renminbi Solde Nike Air Presto Uncaged Ultra Noir , due to capital flight.


The think tank is right that the Chinese economy is experiencing headwinds, however, this is hardly breaking news. The country's leadership has spoken at length about the challenges brought by the new normal and structural reform.


The manufacturing sector is struggling. Industrial investment is falling, the trade environment is worsening and overcapacity is weighing upon the sector. However Solde Homme Nike Air Presto High Noir , manufacturers are busy upgrading their systems and equipment, which will create a more competitive, innovative environment.


Yes, the debt level is not low Solde Homme Nike Air Presto Safari Noir Jaune , but it is still manageable. The capital adequacy ratio of China's commercial banks is still below the international warning line, while their provision coverage ratio is above the government's requirement. Moreover, local government debt pressure will be eased by public-private-partnerships in costly infrastructure projects.


Some weakening of the Chinese yuan in the short term is understandable. China's forex controls have been loosened and the Federal Reserve's interest rate adjustment will unavoidably lead to capital outflows. Nevertheless, there is no basis for substantial yuan depreciation as China's trade surplus and forex reserve are more than adequate and its foreign debt is low.


However Solde Femme Nike Air Presto BR Rose , the report is right about one thing: Countries are increasingly dependent on China's economy for investment and products. A sharp slowdown would have a severe knock-on effect worldwide and is a scenario that nobody wants to see.


The government's efforts to stabilize the stock market are part of measures to avoid financial risk spilling over to the whole country and the rest of the world, which is understandable and necessary in emergency cases and won't compromise the country's drive to give the market bigger sway in the long run.


Despite the challenges, China is determined to keep GDP growth at a minimum of 6.5 percent this year while pressing ahead with economic restructuring.


It is a difficult balancing act for China, policymakers must walk a fine line between preventing systematic risks and reducing overcapacity while at the same time avoiding a credit bubble.


Fortunately Solde Nike Air Presto Qs Verte , the government has ample means to revive economic confidence, ranging from more flexible fiscal and monetary policies to more targeted industry and public support.


Forewarnings are necessary to keep the world economy on track, but exaggeration only causes unnecessary panic, upsetting it.


The headwinds challenging China's economy are there Solde Nike Air Presto SE Woven Bleu , and the country is facing them square-on and will hopefully navigate them skillfully.





CANBERRA, Jan. 19 (Xinhua) -- Australian cricketers have been told not to sign new Twenty20 Big Bash League (BBL) contracts until the details of a new player pay deal are settled upon, despite rumors of lucrative multi-year offers designed to tempt some lower-ranked players.


Talks between the Australian Cricketers Association (ACA) and Cricket Australia (CA) broke down before Christmas, and BBL franchises have desperately been trying to sign players before the new enterprise bargaining agreement is settled, but the players association has asked players to hold out for a better deal.


Cricket Australia is hoping to dump the pay model it has used since the 1980s, in which revenue from advertising and TV rights is shared with contracted players; this time around it is offering only test cricket players a slice of the revenue pie.


According to local media outlets, the players are keen to remain under the existing revenue sharing agreement, which would mean state players are also paid a percentage of CA's revenue.


News Corp reported that player managers have also told their clients to stay patient while the new pay deal is being agreed upon, while under the players' demands, women would also be included in the revenue sharing model.


Cricket Australia is reportedly keen to get a deal done as soon as possible, as it cannot pencil future schedules without players having signed contracts, but is not keen to budge on offering state-level players a slice of the revenue money.


According to a Cricket Australia submission, players have been told to approach the BBL for a separate, lucrative pay packet.


"Combined payments for domestic men playing state and BBL cricket should increase at a sustainable rate," CA said. "The increase should be driven by BBL payments (as the format's popularity grows)."


According to both organizations, a deal is likely to be agreed upon by the time the male test team heads to India next month.



ZHUHAI, China, March 19 (Xinhua) -- Following are Zhuhai Hengqin Phoenix Tree Building Challenge third round leading scores (China unless stated; * denotes amateur):


211 - Shi Yuting 74-67-70


213 - Prima Thammaraks (Thailand) 76 -68-69


214 - Zhang Weiwei 74-69-71


215 - Wichanee Meechai (Thailand) 79-69-67


216 - Zhou Jiayi 77-70-69, Thanuttra Boonraksasat (Thailand) 74-70-72 Femme Nike Air Presto QS Rouge Blanche Solde , Jang So-young (South Korea) 76-67-73


218 - Ji Yifan* 74-74-70


219 - Kang Hyeon-seo (South Korea) 81-67-71, Renuka Suksukont (Thailand) 77-70-72


220 - Chung Ye-na (South Korea) 75-73-72, Chen Liqin 72-73-75, Ye Ziqi 79-72-69 Nike Air Presto Rouge Bordeaux Solde , Saraporn Chamchoi (Thailand) 73-75-72, Punpaka Phuntumabamrung (Thailand) 79-70-71, Nattagate Nimitpongkul (Thailand) 75-70-75


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