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Actors perform in a dance drama depicting the legend of Zhigealu Air Vapormax Kids Sale , a mythical hero of Yi ethnic group, at Liangdu Grand Theater in Liupanshui City, southwest China's Guizhou Province, Aug. 14, 2017. (XinhuaTao Liang)





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JOHANNESBURG, Sept. 16 (Xinhua) -- African countries are expecting the New Development Bank BRICS (NDB) to offer developing countries a more convenient alternative funding source besides the existing international financial organizations.

At a regional conference called to review issues about NDB's role in taking Africa forward Air Vapormax Mens Sale , South Africa's Deputy Minister of Cooperative Governance and Traditional Affairs Obed Bapela said he hoped that the bank will help Africa break from the chains of the International Monetary Fund (IMF) and World Bank.

"We have a mixed economy and would like to see free trade in Africa with no restrictions of tariffs. We went into BRICS on behalf of Africa," said Bapela, adding that he hopes the NDB's regional branch which will be opened next April in Johannesburg is for Africa.

"This bank will operate differently. We want a shift of balance of power from the Washington consensus where they impose conditions on us,"Bapela said.

Bapela said the Bretton Wood institutions prescribe structural adjustments programmes and give African countries loans under certain conditions, which include regime change.

The NDA is not only for the five BRICS countries but also will assist other developing countries in Africa and even in Latin America or Asia, he said.

"The center of economic growth has shifted from the North to the South. That's why your electronic gadgets like the computers and cellphones are made there. China is developing fast and there is no country that does not to be associated with China even though it currently has some economic issues Air Vapormax Womens Sale ," Bapela said.

He also dismissed the notion that China was trying to colonize Africa like what the West did to Africa, saying China is on a business mission looking for partnerships.

"China's intentions are clear and they say it. Chinese companies are looking for opportunities and partnerships.It is not like what some people say that China is here to take everything."

He said that Africa should engage China to balance trade and promote the transfer of skills.

Paapa Kwasi Danquah, who represents the Ghanian Trade Union Congress, called for the NDB to take different approaches from those of the IMF and the World Bank.

Chris Matlhako, Head of International Relations in the South African Communist Party (SACP), said the NDB will do things differently from other banks.

"This Bank will play a part in taking Africa forward and provide an alternative trajectory Air Vapormax Sale ," he said.

He expected that BRICS countries can use each other's currencies in trade thereby reducing dependence on the U.S. dollar.

By Xinhua writers Zhang Yao, Cheng Yunjie

HANGZHOU, Sept 25 (Xinhua)-- A video clip of Kobe Bryant trying to learn Chinese Internet slang has had hundreds of thousands of hits in the last two months.

The NBA star told Xinhua that he was learning Chinese to understand comments left by customers at his new Taobao store Kobe Inc. on Alibaba.

Bryant is just one of many overseas celebrities starting online businesses in China. Alibaba, the world's biggest shopping portal, has recruited some 100,000 celebrities to promote products for some of its 10 million vendors across its two main sites Nike Vapormax Shoes Sale , Taobao and TMall.

Calling his Taobao store "only a beginning," Bryant has plans for another store on TMALL. In the video, Bryant explains he intends not just to see his branded products, but to share his philosophy and stories to inspire people and make the world a better place.

"There are so many people starting e-commerce businesses and the competition is intense," he said. "My team and I look at our sales figures every day, and so far Nike Vapormax Flyknit Sale , I can tell you, doing business in China is much easier than learning Chinese!"

In 2014, when Bryant was drawing up his business plan, he identified China as one place where he wanted to do well. He describes partnership between Kobe Inc. and Alibaba as a new and exciting chapter that will bring him closer to his millions of Chinese fans.

IT'S A JUNGLE OUT THERE

In June, Alibaba predicted that by 2020, China would be doing more business-to-customer deals than any other country.

Over the past year Nike Vapormax Kids Sale , American products have become much more widely available to Chinese competitors. Macy's, Costco, Apple and Pfizer Pharmaceuticals have set up shops with China's domestic e-commerce experts.

Amazon, one of online retail's genuine heavyweights, opened a store on TMall in March. At the time, the two were seen as rivals. Questions were asked about how and whether they planned to cooperate. Once upon a time Nike Vapormax Mens Sale , Amazon dealt almost exclusively in books, but the business has diversified and now offers over 1,000 of other products, including footwear, beverages, kitchenware and toys. The latest development saw Amazon offer fresh America farm produce online.

Niu Yinghua Nike Vapormax Womens Sale , vice president of Amazon China, expects the TMall store to increase sales of international products.

"American companies are usually very specialized. They see the potential of the Chinese market but look to partners like Alibaba for local knowledge and expertise. Even competitors can learn from one another and profit together," said Wu Qian.

According to Wu, one of Alibab. Cheap Bayern Munich Jerseys   Cheap FC Barcelona Jerseys   Cheap Tottenham Hotspur FC Jerseys   Cheap AS Roma FC Jerseys   Cheap AC Milan FC Jerseys   Cheap USA Soccer Jerseys   Cheap Portugal Soccer Jerseys   Cheap France Soccer Jerseys   Cheap England Soccer Jerseys   Wholesale Croatia Jerseys 

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