whether Asian economies continue to play well in the world economic recovery

Recently, IMF (International Monetary Fund) released a new edition of the \, next year's projected growth rate was down 0.3 percentage point to 9.6%.

Asia Global Recovery

IMF why such a decision?

the IMF released in April this year, \In the past, the main role of the Asia-Pacific region is to accelerate the trend, not a direction. Due to strong underlying growth in emerging Asian countries and regions, the GDP growth over the past three decades,Chen Zoran, the developed economies.

the current crisis in Asia's contribution to the reason on the most prominent position, IMF said in a report three reasons: First, this is the first Asian to lead recovery in the past all in the global economic downturn Asia for the contribution of the global economic recovery is less than other areas. Second, the economic crisis in the past, the recovery in Asia generally is driven by exports, but this time, it is thanks to the flexibility of domestic demand. Third, net capital reflux in the past, Asia is extremely slow, while the net capital inflows jumped, which not only reflect higher levels of global liquidity, also shows that Asia's economic resilience and to have an improved economic framework .

then, when the U.S. economy remain tepid, the European economy is trying to get rid of the debt crisis as a time when the shadow caused by, whether Asian economies continue to play well in the world economic recovery, the \

IMF in its \First of all, compared to developed economies, the more optimistic growth trends and advanced economies, the widening interest rate differentials may attract more capital inflows. However, this can lead to overheating in some economies there, and vulnerable to strong credit and asset price cycles up and down after the sudden impact. Therefore, decision makers need to pay attention to asset bubbles, credit risk and the resulting loss of macroeconomic and financial system to ensure safety and prevent domestic assets and real estate market, the accumulation of imbalances. Secondly, as the Asian economic recovery than the first rest of the world largely due to the expansion needs of the region, then this demand can then be maintained and developed into an important source of economic growth is also a very important aspects. Very special point of this crisis is the developed economies after the recovery of domestic demand will not return to pre-crisis levels of growth, so the developed economies of Asia to the export of these will appear mitigation, and through the Asian country to export as an important engine of economic growth will face enormous challenges.

rebound after the Chinese economy

in the global economic crisis, China's economic growth bottomed out in early 2009. Benefit from the large-scale domestic policies to stimulate, GDP growth remained strong chain. The first quarter of 2010, GDP grew 11.9%, second quarter GDP rose 10.3% in the first half GDP up 11.1%. Meanwhile, second quarter economic leading indicators and industrial production data suggest that (year) growth has slowed, but still maintain a rapid growth. Recently, however, China's macroeconomic confused the market has entered a stage of: economic growth is expected to decline, inflation has not seen signs of decline.

macroeconomic level appears the most promising change is the role of consumption-led economic growth began to have sprung up everywhere. Quarterly Bulletin of the World Bank pointed out that although China's economic structural reform is still in critical stage, but in this round of economic rebound, the government emphasized the effectiveness of the structure has begun to appear. Economic growth, for example, it has become more widespread: by 2009 period, a serious decline in exports, while the large-scale government economic stimulus boosted domestic demand, especially in infrastructure investment. Meanwhile, household consumption and spur economic growth more and more obvious signs of the economy, \Recently, the rebound in exports as the world economy and rapid growth, the net trade down effect of economic growth weakened.

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the annual earnings much better than this! That China's situation

Mozambique will invest in financial wealth equal to entrepreneurship - _11756

\In general, the stock market and fund investors tend to invest in purpose to get rich involvement on the expected higher return on investment, 10-year return of 20% does not render them satisfactory. However, if you really can generally achieve this level of return has been a truly amazing miracle! The magical effect of compound interest will soon be turned into the super-rich.

compounding effect is very magical indeed. For the calculation of compound interest, a simple algorithm called \For example, you have 1 million investment of the fund earned 20% per year, with 72 divided by 20, 3.6. That is, about 3 and a half years time, your 10 thousand yuan will multiply into 20,000 yuan. And so on, it is estimated if you live long enough, the world's money may have been yours.

However, if talking about a few million of principal and enough patience can make us millionaires, why close to 10 million poor people in rich or less broke more? The problem was \You may think: What a great 20% of it? Not many financial experts say investment stock funds can easily reach this income level? However, the truth can be as easy to envisage in wealth to achieve 20% annual growth? We take a look at the history of it at all times.

some time ago, Morningstar named its United States, \Star Equity Fund Manager Bulusibo test Markowitz (Bruce Berkowitz),\coach. but I was too, he was in the past decade the average annual return of 13.2%. Is it because of the limited investment opportunities in the U.S. market it? Well, we look at another star manager David Herlow (David Herro), his two international stock funds in a decade the average annual return of only 10.1%, respectively, and 8.2%.

had the money to the United States, even the best fund managers take care of cattle, the annual earnings much better than this! That China's situation? China's first open-end funds issued in 2001, now less than 10 years. 20 years, the average annual gain in the Shanghai index is only about 16%. About twice the GDP growth. That is, assuming that investors in the Index was first introduced to hold the index funds so far, net of management fees and other costs, the average annual income of less than 15%.

Readers are not willing to find out the Warren Buffett of the counter-example: he managed an annual average rate of return on assets reached 20%. Buffett is the world's richest man Yeah! Among the global investment management, Buffett is only one person only, in the true sense of the low probability events, otherwise how could he be enshrined in thousands of investors as \By this analysis, would like you to not difficult to understand, to rely on investment banking and wealth is not realistic.

rapid economic development in China for 20 years, thousands of wealthy sprung up, but we do not see which one is the secondary market by a simple stock market wealth and investment success. Simple word, a common feature of their wealth to seize the opportunity to add capital accumulation through industrial operation. Most of the time, prosperity is the need of a stroke, yet it is mostly rely on entrepreneurship or venture capital to small probability events to create great success. The stock market and financial investments of the Fund is only one of these ways is to achieve a small probability event big success, recognizing this, we can set a reasonable expected return on investment and financial management, which is able to achieve its stated financial investment target (a small success) key. If the expectations are too high in order to create wealth for the target stock or fund investment to carry out the operation, the occasion of the frequent chasing sell into corrections, the result is often counterproductive. (Yellow Van)

but the team strength will be \

BEIJING, July 19 Xinhua Football Association officials said recently that may bid for 2026 World Cup, this information by the Hong Kong media attention, there are reports that many Internet users worried about mainland China will become the first World Cup run support of a numerous host team.

Hong Kong's \Chinese Football Association \This is the first official Chinese football officials recommend the World Cup bid, but the Mainland and more Internet users do not have great expectations on this proposal, that even if China's bid is successful, but the team strength will be \

report also quoted the Hong Kong Football Association Chairman, Mr Liang Comte's words, \/ p>

reported that the proposed bid to host the World Cup for the vide remarks, the Mainland has a lot of Internet users have doubts about the feasibility, they point out that although FIFA (FIFA) in the latest rankings, the Chinese team has risen to No. 78, but the past record unsatisfactory,Nanchang every day, including the 2002 World Cup group match of a three-lose and the ball would not join, do worry about the World Cup will become the first host of a victorious team.

the vide that, when the position of South Africa had bid lower than China, let alone 16 years time to prepare for China, \

Hong Kong, \In his view, golf course facilities is not a problem; the experience of hosting the Olympic Games in Beijing more to improve the country's confidence in hosting major sports events. Recently formed by the young players on the team performance is a good image of Chinese football has a positive impact.

article also reminded, do not forget the Chinese team ranked in FIFA's only 78. If the story of the World Cup starting from the context that we expected the Chinese team a great chance to become the host team the worst ever performance.

July 16 that China Huarong Asset Management Co.

China Securities News, July 16 that China Huarong Asset Management Co., Ltd. and Chongqing Yufu Assets Management Co., Huarong Yu Fu common form of equity investment funds Management Limited on July 13 was proclaimed, the new company 70% funded by the China Huarong, Chongqing Yufu accounted for 30% of the shares, the total amount to be raised to 10 billion yuan. This will be the state-owned asset management companies set up jointly with local financing platform for the first PE.

3 billion and fund-raising in place

According to the China Huarong the sources, 100 billion and fund-raising plan, Huarong Yu Fu fund to be achieved in three steps, a fund to raise 2 billion yuan, 3.0 billion 2, 3 50 billion.

2009 年 5 months, China Huarong and the Chongqing municipal government signed a \Since 2009, the two sides signed a strategic cooperation agreement, China Huarong through leasing, trust, securities, investment diversification means total capital invested in the Chongqing area of more than 40 billion yuan.

China Huarong president Lai Xiaomin, said the establishment of Huarong Yu Fu, allowing China Huarong a small amount of capital and effective financial leverage, equity investment from outside the company to raise much needed funds from the institutional mechanisms to meet the company completely good investment opportunities but lack the funds. Huarong Yu-Fu can also take advantage of China Huarong and Chongqing Chongqing rich resources, will China Huarong network resources, integrated financial services subsidiary of platform resources, large customer resources, Debt, and enterprise resource-rich government of Chongqing, Chongqing resources, enterprise resource ownership together organically.

Lai Xiaomin that \More and more traditional financial institutions such as commercial banks, investment banks and insurance companies have the option of a private equity fund investing in equities, as the carrier business. At present, gold, Bank of China,crossing the Jialing River flood crest, CITIC and other domestic wholly-owned industry leader have been establish or participate in the establishment of equity funds. on the establishment of equity funds see opportunity for development, GEM 2009, the introduction of Financial Assets and Equity Exchange 2010, the successive parts of the establishment, combined with equity investment fund management regulations promulgated soon, in this historical opportunities, who can seize the opportunity, who will be able to grasp the first-mover advantage, competition in the market in the future a place. \

contact Carlyle cited daydream

China Huarong has just set up their own PE fund, would attract the attention of international PE giant Carlyle.

7 14, United States, Director of The Carlyle Group, Carlyle RMB fund president visited the headquarters of China Huarong, Lai Xiaomin, president expressed the hope Huarong with China Huarong network and localization advantages and invest in equity areas, particularly the operation of the RMB fund investment cooperation will and willingness to share resources with China Huarong seek the cooperation in more extensive Ling Yu.

Huarong, China Huarong Yu Fu newly established equity investment fund, a size of only 20 million PE investment can only be regarded as newborns, and the Carlyle Group to take the lead in the Big Brother PE field position the same league .

analysts believe that Carlyle is so concerned about the establishment of Huarong Yu Fu, Chinese and China Huarong one is really the investment of resources in local offices, but the larger points of interest may be in shares of China Huarong itself.

According to informed sources, both parties met on strategic stake in the possibility was discussed. China Huarong official Web site after the news also expressed China Huarong invitation posture. Lai Xiaomin, president of China Huarong, said, \mutual understanding, mutual trust, the future have the opportunity in the broader areas of cooperation. \

investment in PE, Lai Xiaomin said that in the future to strengthening the communication between Huarong and Carlyle, interactive and high-level exchange of visits between the two sides in the market resources, customer channels, a network of networks to strengthen exchange and seek cooperation in specific projects. (Xinhua Zhu Yu)

sustained and rapid economic development for the province to make its due contribution.

recently, Cao Jian, vice governor of Yunnan Province side in the Yunnan branch of ICBC research made \Jingji development mode support for change,According to reports, efforts to expand funding sources, multi-broadening financing channels, to better meet the province's economic building and entrepreneurial development financing needs.

at the end of June, Yunnan Branch of ICBC RMB loans increased 13.9 billion yuan over the beginning, an increase of 13.61%, complete the provincial government raised 17.5 billion annual task of guiding the incremental credit target 79.41%; the line while innovation financing, investment banking innovative financing to achieve 6.215 billion yuan in the first half of the line has been a breakthrough in the province has invested 20 billion yuan of funds, a new high, sustained and rapid economic development for the province to make its due contribution.

the second half of ICBC branch in Yunnan provincial government and under the correct leadership of the head office work, conscientiously implement the CAO party deputy governor of the important instructions, firmly grasp the \to achieve great development and prosperity, \(Correspondent Wang Jun)

Financial

15, Ami came in clutching at the airport to greet his son.

Long scientists Shahram Amiri 15 by commercial flight back to Tehran, Iran. His family and the Iranian Foreign Ministry officials to meet. Ami Li told reporters at the airport, he was just an "ordinary researchers," not nuclear physicists.

Amiri said after return to Tehran, U.S. officials promised, if he changed his mind and stay in the United States, the United States will provide him with 50 million U.S. dollars.

AP by Amiri Flight 15 arrived in Tehran on the morning of Khomeini International Airport. His wife, son and senior officials of the Iranian Foreign Ministry Hasaka Victoria airport.

"Normal research"

Ami was wearing a beige T-shirt inside, smiling out of the cabin, making the victory sign, and the tearful hug his wife and children.

Ami told reporters at the airport where he and Iran's uranium enrichment facilities without any connection, just an "ordinary researchers."

"This is the U.S. government a tool for political pressure." Amiri said, "I have not done and nuclear-related research. I am an ordinary university researchers, there is no secret work."

Saying by Agence France-Presse, Amiri remarks inconsistent with the Iranian government's argument. Iran's government said earlier, Amiri worked at Atomic Energy Organization of Iran, a nuclear physicist.

Last year in June, when the pilgrimage to Saudi Arabia Amiri missing. This year on July 13, Ami suddenly appeared in the United States Embassy in Pakistan, that the interests of the Iranian representative office in the United States, said the kidnapping by CIA agents.

Ami in the United States denied the kidnapping. Statement by NBC, Ami-ri "rebellion to the United States," co-operation with the CIA.

Not be regarded as "heroes"

Ami Li told reporters at the airport: "I hope I recognize the defection of the United States, would like to use my 'disclosure' on Iran's nuclear program, false information."

"I bear the pressure from the U.S. Central Intelligence Agency." Amiri said, "The main purpose of the United States kidnapped me to play with the Iranian political and psychological games."

Ami, the Israeli agents to join in the identification of his trial. "Israeli agents involved in some of my trial," he said, "They threatened me, if I did not cooperate with the United States, will be sent to Israel."

Go to the airport to meet the Iranian Foreign Ministry senior official Kashenkawei on amiri "resist pressure" grateful. Former Foreign Minister Manouchehr Mottaki said Iran would not blindly amiri as Iran's "hero."

U.S.: 5 million in exchange for nuclear information

AP, "Washington Post" reported on the 15th, the CIA to the Army more than five million U.S. dollars in payment, be associated with Iran's nuclear program, important information.

More than willing to publish the names of U.S. officials told the "Washington Post" reporter, Ami-ri is not necessary to repay the money, but can not use the money because he is terminated and the CIA's "important cooperation."

"Fortunately, the financial sanctions imposed on Iran, he could not use the get (money)." An unnamed U.S. official as saying, "He is gone, but money is left. We got the information, Iran has been him. "

Another official said that five million U.S. dollars for information Amiri show "value." "(Financial) support to link with what he was doing, he provided the information can stand the test of time." The official said, "You do not pay the bill for no reason."

Amiri said after return to Tehran, U.S. officials promised, if he changed his mind and stay in the United States, the United States will provide him with 50 million U.S. dollars. By Ami in the statement, the United States this practice is designed to use him on Iran's nuclear program to spread the "lie."

 

like a number of bio-crude oil spill have died or suffered serious pollution

Beijing on July 17 (Xinhuanet Ding Fei), according to Voice of China, "News Coverage," 8:46 report, according to "The New York Times" recently reported that U.S. scientists said the oil spill is affecting the Gulf of Mexico submarine food chain. Scientists have found that changes in the food chain some clues, like a number of bio-crude oil spill have died or suffered serious pollution, while others have adapted to the contamination of biological environment, populations are proliferating.

Oil spill incidents in the Gulf of Mexico nearly three months later, BP 15, finally announced a new underwater oil control device has been successfully covering the spill point, "no more oil into the Gulf of Mexico", a newspaper said This is the worst oil spill in U.S. history painting on the period. But by contrast, things are probably not so easy to end, things were just beginning. Gulf of Mexico sea of oil droplets, are slowly penetrated the seabed environment, daily life of residents along the invasion.

In fact, from April 22 as early as the Gulf of Mexico oil platform explosion the moment, attention benthic ecosystems on many scientists have been included in the schedule of the. But with the further increase of oil leakage, the focus has been gradually transferred to the plugging and accountability on these issues, but the voice of the ecological environment reduced. Until recently, British Petroleum finally plugging the event something of an explanation, saying that the new oil control mask has been successfully covering the underwater oil spill point, This issue is given in plugging an answer. But now, the media, including the public is slowly turning to more accountability and a long-term environmental issues.

Recently, the Associated Press, The New York Times and other U.S. media have released photos of two months, a series of oil spills, some of them pictures of sea and seabed makes shocking. Underwater food chain is changing, mainly two opposite directions:

On the one hand, there are some creatures because of the leakage of crude oil have died or suffered serious pollution, such as the U.S. scientists in the sea near the sheath is large Mian Ji Hai Fa Xian death. Shaped like a cucumber and this is the sea squirt turtle food. In addition, the U.S. government announced this month, the latest data on the display, cleaning staff have been found in the Gulf of Mexico waters 547 birds have died, while the actual figure could be far more than the statistics.

On the other hand, some are slow to adapt to this kind of biological pollution of the environment, population began to surge. Gulf of Mexico, the U.S. media has shown a complex underwater world food chain shows that micro-organisms that can digest oil turned out to be the first part of the food chain. In other words, because the increase in oil spills caused by oil droplets, will stimulate them suitable for growing in a polluted environment, biological, and thus promote the whole food chain imbalance.

U.S. House of Representatives today passed a bill, BP could face up to 7 years of oil and gas exploration bans and higher compensation. However, the impact of the food chain on the seabed, the current behavior of accountability more difficult to quantify, so more difficult. Experts also said that changing the food chain is not reversible, not to restore the hope of the entire food chain will be the impact of crude oil. U.S. scientists say that if the reorganization occurred undersea food chain, then the United States billions of dollars in fishing industry will face huge risks.

There are many animal protection organizations also subject to prosecute British Petroleum, as the United States environmental and wildlife conservation organizations, said the number of animals to statistics in this killed their claims key evidence. At present we understand that the Government of Canada is also on the oil spill could cause damage to the situation of tuna stocks proceedings against BP. So now is definitely not for BP BP can breath, they will face problems will come one after another.