SYDNEY
Femme Nike Air Max 270 Coral Stardust Rose Soldes , May 8 (Xinhua) -- The Reserve Bank of Australia (RBA) has lowered forecasts for the country's economic growth and inflation over coming years, saying uncertainty hovers over the outlook for the economy.
The decade-long mining boom and a slowdown in China's economy are the key factors, the RBA said.
Falling commodity prices and a stubbornly high Australian dollar which was still near 80 U.S. cents on Friday prompted the economic downgrades.
The RBA believes the economy is now on track to grow by just 2. 5 percent in 2015 after earlier predictions of 2.75 percent growth.
BEIJING, Dec. 18 (Xinhua) -- China's property market held broadly steady in November with home prices edging down in major cities amid tough purchase restrictions and a tight liquidity environment, the National Bureau of Statistics (NBS) said Monday.
New residential house prices went down on a yearly basis in 11 of the 15 major cities
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NBS statistician Liu Jianwei said that housing prices stayed generally stable in major cities as differentiated control policies continued to take effect.
In first-tier cities where the curbs are strictest
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In contrast, the property market in second- and third-tier cities is showing signs of picking up
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The data provides evidence that government cooling measures to prevent asset bubbles in the property market are producing the desired outcomes.
Since late last year, dozens of local governments have passed or expanded restrictions on house purchases and increased the minimum downpayment required for mortgages.
The property market was also cooled by relatively tightened liquidity conditions as the government moved to contain leverage and risk in the financial system.
Chinese authorities have constantly reiterated that "houses are built for living in, not speculation
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BEIJING, Dec. 20 (Xinhua) -- China has vowed to increase imports and cut import tariffs on some products to promote balanced trade as part of its effort to push forward a new pattern of all-round opening up.
The country will expand free trade zone pilot areas and guide foreign investors to operate in the country in an efficient way, according to a statement released after the Central Economic Work Conference which concluded Wednesday.
The annual conference reviews work from the past year and sets the tone for economic work in the coming year.
According to the statement, the country will push for nationwide implementation of a pre-establishment national treatment system as well as a negative list which determines where foreign participation is prohibited or limited.
The negative list will become shorter and shorter, it said
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At the twice-a-decade congress of the Communist Party of China held in October, the authorities emphasized that China will not close its door to the world, and the door will only become more and more open.
China has promised to let U.S. credit rating agencies do business on their own, remove the cap on foreign ownership of Chinese banks and asset management companies, and lift limits on investment in securities houses.
Decisions made at the meeting reflect China's new development concept featuring high-quality development
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"High-quality development is the fundamental requirement for determining the development path, making economic policies, and conducting macroeconomic regulation at present and in the period to come," according to the statement.
China's GDP expanded 6.9 percent year on year in the first three quarters, above the government's target of around 6.5 percent for this year.
DHAKA
Nike Odyssey React Soldes , Oct. 5 (Xinhua) -- Bangladeshi national cricket team player Shahadat Hossain, who has been temporarily suspended from cricket activities for allegedly torturing his housemaid, surrendered before a court in Bangladesh capital Dhaka Monday morning.
Meanwhile, he lodged a petition seeking bail in a case filed in this connection.
The court is slated to hear the petition later in the day.
Shahadat surrendered two days after police arrested his wife from a relative's house in connection with the case filed for torturing an about 11-year-old domestic help.
Hossian and his wife were on the run after being accused of torturing their minor housemaid since Sept. 6.
Bangladesh Cricket Board spokesman Jalal Yunus told reporters on Sept. 13 that "fast bowler Shahadat Hossain will remain suspended until the charges were settled."
ARUSHA, Tanzania
Nike Air Max 93 Soldes , Sept. 7 (Xinhua) -- A Tanzanian minister on Thursday resigned, saying he holds no grudges and respects President John Magufuli's will for those implicated in two corruption reports to leave office.
Tanzania's Minister of State in the President's Office responsible for regional administration and local government, George Simbachawene, said he decided to take that action to protect the image of the government and the nation.
"I am innocent on the issued and I have decided to leave office to pave way for further investigations," said Simbachawene.
"I thank President John Magufuli for having faith in me and appointed me to ministerial position and.
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