User blogs

1.Master of Business Administration

International Business is taught in English for non-Chinese spoken students,it intends to create a community of diverse cultural backgrounds, and aims to foster talented students to have an understanding of global business and a deep insight into China’s dynamic changes of enterprise environment as well as China’s history, culture, law, and policy.To get more news about Master in Management China, you can visit acem.sjtu.edu.cn official website.
Business administration(Chinese Taught, with 4 specialised tracks-Corporate Management,Accouting, Tourism Management, Technical Economics and Management)
Business Administration aims to foster students with certain business administration background and humanity quality, comprehensive knowledge and capability in systematic grasp of business environment and operation, marketing analysis and plan, technology economy analysis. The students will grow into advanced business administration talents to work in financial companies and institutions and government departments with team building, coordination, and globalized perspective.

2. Management Science and Engineering
Master of Management Science and Engineering aims to cultivate advanced talents with profound modern management theory, computer science and technology and application. The students will grow into specialized talents to undertake the management science and engineering, information management and information system analysis, design, implementation and review in government departments, companies and research institutions.
Program in Economics aims to equip students with the profound theory and analytical skills of modern economics, strong interest in humanity and knowledge, let students learn the economic situation of China and the world, cultivate advanced talents in economic with innovative sense and profound quality in economics.
Finance
Based on the rapid development of international and domestic finance, Program in Finance aims to cultivate the advanced level talents to get adapted to the globalized business with high-tech background in the area of finance, insurance and risk investment.

buzai232 Aug 10 '20, 11:19PM

The Indian government believes a deadly skirmish between its military and Chinese troops in an isolated and contested part of the Himalayas portends a broader campaign by Beijing to envelop the South Asian power with its military and economic influence, according to documents obtained by U.S. News.To get more China latest news, you can visit shine news official website.

The recent clash in the Galwan River Valley, where both sides had inserted military forces in support of their own territorial claims, represents a nefarious and protracted effort by Beijing, according to a collection of analysis papers that Indian officials say represent their government's assessment of China's behavior.
The Indian government links the latest encounter in a region it calls Ladakh to what it describes as Beijing's sweeping imperialist designs. Its expansionism "eschews direct military action but resorts to coercive diplomacy by penetrating and undermining sovereignty and economies of many countries," according to one of the documents, which has not been previously published.
Their conclusion is supported by some analysts. And it comes amid U.S. fears that Beijing has successfully exploited the international fallout from the coronavirus pandemic to secure territorial claims along other portions of its border, including in the South China Sea and Hong Kong. The moves have prompted retaliatory measures from the Trump administration that have escalated this week.

At least 20 Indian soldiers perished in the June 15 clash, and American intelligence believes 35 Chinese troops also died. The encounter was marked by vicious hand-to-hand combat in the inhospitable region straddling northern India and southwest China. The circumstances leading to the clash remain not entirely clear, though each country faults the other for building infrastructure, such as encampments or roads, in the strategically consequential mountain region where the borders of India, China and Pakistan meet.

The incident bore some similarities to prior skirmishes between the two countries, including in 2010 and 2014, as well as a brawl between Indian and Chinese forces in a separate part of the contested border in 2017, footage of which the Hong Kong Free Press published that year. Those incidents, though violent at times, ended relatively peacefully and swiftly.

With the latest offensive, India believes Beijing seeks to grab greater control of the mountain regions along China's southwest border – contested territory loosely demarcated by a tentative agreement known as the Line of Actual Control – in an attempt to gain greater accessibility to its partner Pakistan, India's chief rival. A $60 billion deal between the two countries, known as the China-Pakistan Economic Corridor – part of China's broader "Belt and Road" infrastructure initiative – would grant Beijing direct access over land to the sea through at least two routes in Pakistan. Beyond expanding China's commercial shipping network, the new routes would also allow Beijing to bypass the Straits of Malacca – a choke point between Malaysia and Indonesia that the U.S. Navy closely patrols with its regional allies and partners.

To create reliable access to those projects in Pakistan, the government in New Delhi believes China must first try to oust Indian troops occupying positions in the contested region and link the Chinese-controlled Aksai Chin area – near the site of the June border skirmish – with the contested Shaksgam Valley region more than 100 miles away toward Pakistan.

buzai232 Aug 10 '20, 11:12PM

Was it a confrontation on the high seas, or just a routine but unplanned interaction between warships sailing in international waters?To get more China breaking news, you can visit shine news official website.

There are varying accounts within defence circles over just how stern a recent encounter in the South China Sea was between the Royal Australian Navy (RAN) and the People's Liberation Army-Navy (PLA-N).

On Thursday the ABC revealed an Australian Defence Force Joint Task Group had traversed the hotly contested waters last week, en route to the Philippine Sea for training exercises with the US and Japanese navies.

The Defence Department still won't even formally confirm that the five Australian warships interacted with the Chinese military but has insisted that "unplanned interactions with foreign warships throughout the deployment were conducted in a safe and professional manner".

According to one senior official the Chinese were "exceedingly polite" as they reminded the Australians they were coming close to the Spratly Islands which have been heavily fortified by China in recent times.It's by no means the first time the ADF has been challenged by the Chinese in the area, but the encounter comes during a period of escalating security and diplomatic tensions between Australia and its largest economic partner.

Now Australia has dramatically raised the stakes in its already troubled relationship with China by backing the United States in formally declaring Beijing's territorial claims in the South China Sea to be illegal.

In a letter to the United Nations, Australia's permanent mission rejected the Chinese Communist Party's claims to disputed islands in the crucial trading waters, calling them "inconsistent" with international law.

Australian National University International law expert Professor Donald Rothwell believes the move is significant and will prompt a furious response from Beijing.

"I think what will be interesting to see is whether China will take a more assertive position in terms of physically challenging the rights of Australian warships in particular as they pass through the South China Sea," Professor Rothwell tells the ABC.

Richard McGregor, a senior fellow with The Lowy Institute, says the stakes are already high in the strategic and highly militarised corridor.

"You can absolutely be sure that any time Australian ships are in the South China Sea, they will be tracked by the Chinese," he told Radio National on Thursday.

"I don't think confrontation is the right word, but they will be hailed, they'll be asked what they are doing there and [asked] to explain themselves."

buzai232 Aug 10 '20, 10:55PM

China imposed sanctions on 11 U.S. citizens including legislators on Monday in response to the U.S. imposition of sanctions on 11 Hong Kong and Chinese officials accused of curtailing political freedoms in the former British colony.To get more China news, you can visit shine news official website.

Among those targeted were Senators Ted Cruz, Marco Rubio, Tom Cotton, Josh Hawley and Pat Toomey and Representative Chris Smith, as well as individuals at non-profit and rights groups.

“In response to that wrong U.S. behaviour, China has decided to impose sanctions on individuals who have behaved egregiously on Hong Kong-related issues,” Chinese foreign ministry spokesman Zhao Lijian told a regular press briefing on Monday.

He did not specify what the sanctions entail.Relations between the two countries have deteriorated sharply in recent months over issues ranging from trade, to Hong Kong and China’s handling of the novel coronavirus.

China’s sanctions of the 11 U.S. citizens is the latest in a tit-for-tat round of measures between China and the United States over accusations of rights abuses and interference.The United States on Friday imposed sanctions on Hong Kong Chief Executive Carrie Lam as well as the city’s current and former police chiefs, under an executive order signed by President Donald Trump.

Those sanctions freeze any U.S. assets owned by those people and generally bar Americans from doing business with them.

The U.S. lawmakers targeted by China on Monday have been vocal critics of a new national security law that Beijing imposed on Hong Kong in late June, expanding its authority in the financial hub.

Last month, China announced sanctions against Cruz, Rubio, Smith and other U.S. officials after the United States penalized senior Chinese officials over the treatment of Uighur Muslims in its Xinjiang region.

Beijing’s latest measure includes sanctions against the heads of five U.S.-based, non-government organisations - the National Endowment for Democracy, the National Democratic Institute for International Affairs, the International Republican Institute, Freedom House and Human Rights Watch.

All five groups had been subjected to sanctions in December in connection with their positions on Hong Kong.

buzai232 Aug 10 '20, 10:36PM · Tags: china sanctions rubio

Portable sinks can be rented for use at large events and are an excellent accompaniment to portable toilets. Certain portable sinks are made as units with several hand sanitizer dispensers, and other sinks actually contain two reservoirs, one which is full of clean water, and the other which holds the used water. The portable sinks which contain water are typically equipped with soap dispensers and are controlled by a foot lever which can be stepped on to pump water. As the hands are washed, the used water flows through to used water reservoir.

These sinks can be placed adjacent to portable toilets at large events which do not contain sinks as an encouragement to be sanitary and wash the hands thoroughly. Movable sinks are also great for other large events, such as parties or a busy season at a petting zoo. Animals at a petting zoo are usually quite dirty, and as a sanitary precaution for young children who usually attend petting zoos for events and parties, portable sinks can be set up at a station where everyone can wash their hands to optimize health and safety practices. A movable sink is also a good feature for a children's party, fair, or festival which features arts and crafts as an activity. Messy paints and glues which end up on the hands of children can be hard to get off with sanitary wipes. A portable sink placed in a central location does help keep everyone's hands clean, and to keep messy paint hand prints off of the walls and furniture on the way to indoor bathroom sinks.

Catered events are another place where outdoor portable hand washing sinks come in very handy. It is important that food is cooked and handled in a sanitary manner. Certain large catered events are held outdoors where access to sinks is not readily available, and this is where portable sinks can come in very handy. For large events which require a lot of chefs and caterers to be handling food items, movable sinks placed around the area where the food is being prepared encourages everyone to stay sanitary.

qxcvbnmy Aug 9 '20, 06:49AM
The number of people looking for employment through Nigeria‘s biggest recruiting website has jumped five-fold since the start of the Covid-19 pandemic, highlighting the struggle faced by many in Africa's largest economy.To get more news about OlympusFx, you can visit wikifx news official website.   "Typically we have about 10,000 active jobseekers a week," Hilda Kragha, Jobberman‘s chief executive officer, said in interview in Lagos, the country's financial capital. "During this pandemic, we have been having over 55,000, which means more people are looking for jobs."   Like many countries Nigeria has been hit hard economically after implementing lockdowns to contain the spread of coronavirus. Africas top oil producer was also reeling from a collapse in crude prices earlier in the year and is suffering from rampant dollar shortages. Combined they have exacerbated the strain on a wide range of businesses in a country that has long struggled to provide jobs for its young population.   The data from Jobberman, which recruits mainly white-collar employees and doesnt track those looking for non-skilled, blue-collar work, chimes with official estimates that sees unemployment in the nation of more than 200 million soaring to 34% by the end of the year from 23% in 2019.   Read more: Locked Down and Left in the Lurch, African Businesses Face Ruin   While there was a 40% drop in recruitment in March when the first two weeks after movement restrictions were imposed, applications per vacancy on the online platform has jumped by 183% this year.   With Nigeria‘s economy set to contract 5.4% this year, according to International Monetary Fund estimates, IT and telecommunication firms are topping Jobberman's hiring charts as Nigerian companies, like others worldwide, adapt to an at-home workforce. Likewise the hospitality, tourism, travel, aviation, entertainment and oil and gas industries have fallen to the bottom. Firms are also cutting down on the number of staff they need or are putting off offers to new employees as they reassess their plans.   "We have a client who was trying to hire 2,000 people before the pandemic, as the pandemic started they reduced to 500 and now theyve only confirmed about 200 people," Kragha said. At least 10% of those already offered jobs through the platform have been put on hold by their potential employers.   Jobberman, which is a local unit of Ringier One Africa Media Group, has over 2 million registered job seekers on its platform and placed 16,000 jobseekers in roles in the past three months, according to Kragha.
buzai232 Aug 5 '20, 08:48AM
Belgium Limits Social Contacts to Five as Infection Rate Soars


Belgium enforced tough restrictions on social interactions again as it battles fresh outbreaks of the coronavirus that have multiplied in the past two weeks.To get more news about OlympusFx, you can visit wikifx news official website.
  Each household is allowed to have leisurely contact with no more than five other persons for the next four weeks starting Wednesday, Prime Minister Sophie Wilmes said in Brussels. That‘s a reduction from 15 per week, which was on an individual basis. The epidemic situation in the city of Antwerp, home to Europe's second-biggest port, will require "forceful" action from local authorities, according to Wilmes, who said the restrictions should help the country steer clear from a new lockdown.

  "We‘re touching individual liberties. That's a tough message," Wilmes told reporters. "But the virologists tell us a lot of infection clusters are linked to parties, marriages and the like."
  Belgium has been confronted with a resurgence of the epidemic since mid-July following two months of gradual reopening at a time when the average number of daily infections never dropped below 80. Antwerp, the most populous city of Belgium‘s Dutch-speaking northern region of Flanders, has been hit the hardest, with a rate of 108 weekly infections per 100,000 inhabitants. About 17% of Belgium's 581 municipalities have now crossed the threshold of 20 weekly infections per 100,000 inhabitants set by health officials to signal excessive spread.

buzai232 Aug 5 '20, 08:32AM
Old Mutual to Move Zimbabwe Listing as Currency War Escalates


Old Mutual Ltd. is poised to stop trading its shares on the Zimbabwe Stock Exchange, the latest step in the governments efforts to bring order to its chaotic foreign-exchange market.To get more news about OlympusFx, you can visit wikifx news official website.
  The insurer agreed to move its listing to a new bourse in the country that will only deal in foreign currency, three people with direct knowledge of the matter said. The deal came after talks on Monday between representatives of Old Mutual, the Treasury, the Securities and Exchange Commission of Zimbabwe and the ZSE, the people said, asking not to be identified because negotiations were private.
  The government of President Emmerson Mnangagwa has blamed a plunge in the local currency on the 175-year-old insurer‘s share price. Companies were using the so-called Old Mutual Implied Rate to determine the forward value for the Zimbabwean currency by using differences in the dollar values of the company's securities in London, Johannesburg and Harare.
  By eradicating the implied rate, the nation‘s ruling party is seeking to end a multitude of exchange rates used by Zimbabweans to navigate the country's myriad economic challenges. The government last week set new regulations to compel businesses to use a single exchange rate for pricing goods and services in a bid to tame inflation of 737% in a country battling with shortages of everything from food to fuel.
  Tabby Tsengiwe, the Johannesburg-based insurer‘s spokeswoman, didn't respond to a call or a text message seeking comment. Finance Minister Mthuli Ncube didnt respond to calls for comment.
  Another meeting is scheduled for next week to resolve administrative issues and discuss the finer details, the people said.

  A surge in Old Mutuals Zimbabwe stock -- which like other shares was being used as a hedge against inflation -- widened the gap between its South African and U.K. securities, causing the OMIR to rise to 122. The Zimbabwe dollar has weakened to 72.1470 per U.S. dollar on a foreign-currency auction system that was introduced after a currency peg of 25 was dropped last month.
  Terminating Old Mutual‘s listing paves the way for dealing to resume on the Harare-based ZSE -- which was abruptly halted on June 28 -- once Zimbabwe's Financial Intelligence Unit has completed a probe into trading on the bourse. It is still unclear when the stock exchange in the resort town of Victoria Falls will begin operating.
  Old Mutual, which listed on the Zimbabwe Stock Exchange in December 1999, opened its first office in the country in 1902 and offers life, property and casualty cover, asset management, property development and banking services in the country.

buzai232 Aug 5 '20, 08:26AM
Old Mutual to Move Zimbabwe Listing as Currency War Escalates


Old Mutual Ltd. is poised to stop trading its shares on the Zimbabwe Stock Exchange, the latest step in the governments efforts to bring order to its chaotic foreign-exchange market.To get more news about OlympusFx, you can visit wikifx news official website.
  The insurer agreed to move its listing to a new bourse in the country that will only deal in foreign currency, three people with direct knowledge of the matter said. The deal came after talks on Monday between representatives of Old Mutual, the Treasury, the Securities and Exchange Commission of Zimbabwe and the ZSE, the people said, asking not to be identified because negotiations were private.
  The government of President Emmerson Mnangagwa has blamed a plunge in the local currency on the 175-year-old insurer‘s share price. Companies were using the so-called Old Mutual Implied Rate to determine the forward value for the Zimbabwean currency by using differences in the dollar values of the company's securities in London, Johannesburg and Harare.
  By eradicating the implied rate, the nation‘s ruling party is seeking to end a multitude of exchange rates used by Zimbabweans to navigate the country's myriad economic challenges. The government last week set new regulations to compel businesses to use a single exchange rate for pricing goods and services in a bid to tame inflation of 737% in a country battling with shortages of everything from food to fuel.
  Tabby Tsengiwe, the Johannesburg-based insurer‘s spokeswoman, didn't respond to a call or a text message seeking comment. Finance Minister Mthuli Ncube didnt respond to calls for comment.
  Another meeting is scheduled for next week to resolve administrative issues and discuss the finer details, the people said.

  A surge in Old Mutuals Zimbabwe stock -- which like other shares was being used as a hedge against inflation -- widened the gap between its South African and U.K. securities, causing the OMIR to rise to 122. The Zimbabwe dollar has weakened to 72.1470 per U.S. dollar on a foreign-currency auction system that was introduced after a currency peg of 25 was dropped last month.
  Terminating Old Mutual‘s listing paves the way for dealing to resume on the Harare-based ZSE -- which was abruptly halted on June 28 -- once Zimbabwe's Financial Intelligence Unit has completed a probe into trading on the bourse. It is still unclear when the stock exchange in the resort town of Victoria Falls will begin operating.
  Old Mutual, which listed on the Zimbabwe Stock Exchange in December 1999, opened its first office in the country in 1902 and offers life, property and casualty cover, asset management, property development and banking services in the country.

buzai232 Aug 5 '20, 08:25AM · Comments: 1
Indonesias Direct Financing Is Test Case for Emerging Markets


Bank Indonesias unprecedented move to buy about $27 billion in bonds directly from the government may prove to be an exception rather than the norm in emerging markets.To get more news about OlympusFx, you can visit wikifx news official website.
  With the world economy in crisis and Modern Monetary Theory gaining attention, governments are being pressured to spend more and turn to their central banks to print money to foot the bill. But when it comes to scooping up that debt, most central banks are doing it in the secondary market.
  Sources: Institute of International Finance, using data from Bank for International Settlements, International Monetary Fund, national governments


Three weeks on, currency and bond markets appear to have given Indonesia a pass on its direct financing foray. Analysts say thats because the central bank gave a clear signal that it was a one-time program and officials spearheading the plan, like Finance Minister Sri Mulyani Indrawati, are credible.
  "The Indonesia burden-sharing program is a success given it has a clear timeline and framework," said Jean-Charles Sambor, London-based head of emerging markets fixed income at BNP Paribas Asset Management. "If, however, we start to see a material increase in the size of such programs in emerging markets, it could result in considerable weakness in the currency."  In many emerging nations, laws forbid the central bank from purchasing debt straight from the government, with several now buying domestic paper in the secondary market instead. Fitch Ratings Ltd. cites the following countries as having taken the latter approach: Indonesia, the Philippines, Thailand, Poland, South Africa, Croatia, Romania, Hungary, Chile, Costa Rica and Colombia.
In Argentina, which defaulted on its debt earlier this year, the central bank has transferred 1.3 trillion pesos ($18 billion) to the Treasury since the lockdown was announced on March 19. Cash in circulation has surged, dollar demand is high, and with a massive economic contraction underway, consumer prices are set to rise a staggering 53% over the next 12 months.
  The Bank of Russia came under pressure to help fund a growing budget deficit after the energy exporter was hit by a double blow from the pandemic and slump in global oil demand. However, real interest rates remain positive there, so theres still room to use conventional measures.
  The South African Reserve Bank is resisting calls for deficit financing, arguing it would bankrupt the central bank. And while the Reserve Bank of India hasn‘t bought bonds directly from the government, it's expanded its balance sheet amid the pandemic by allowing Indian banks to borrow at cheap rates and lend money back to the federal government.
  "There has been a lot of talk of monetary financing, but much less action," said Elina Ribakova, deputy chief economist at the Washington-based Institute of International Finance.

buzai232 Aug 5 '20, 08:19AM
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