The Zimbabwean financial sector has been retrogressive,constrained,and unpredictable since the year 2000,serving for the multiple currency periods(2009-2013)after the demonetization of the domestic dollar.The sector s...The Zimbabwean financial sector has been retrogressive,constrained,and unpredictable since the year 2000,serving for the multiple currency periods(2009-2013)after the demonetization of the domestic dollar.The sector since then has seen a number of commercial banks fail to meet RBZ(Reserve Bank of Zimbabwe)minimum capital requirements,put under curatorship,delisted or liquidated because of a myriad of operational and financial challenges.The objective of this study is to make an assessment of whether or not the introduction of bond notes has been a curse or blessing.The study drew raw data from bank account holders,academics,general public,corporate world and commercial banks in Masvingo for analysis and interpretation.The study established that the majority of people,corporate world and commercial banks were sceptical to embrace the surrogate bond notes because of the uncertainties,operational and financial risks that they paused on the domestic financial markets.It was also discovered that most banks were quick to pay clients’withdrawals in bond notes,deduct US dollar equivalences from their accounts,and distinguish bond notes from US dollars at the point of making deposits and foreign business transactions.It was also realized that there was market indiscipline and trading in bigger US dollar notes in the informal sector and serious shortage of the same notes in the formal sector.The study concluded that the introduction of bond notes to trade parallel to the US dollar brought a serious shortage of cash on formal markets and increases in the general price level of goods and services.The study therefore recommends that the RBZ should completely withdraw the bond notes from the market to accord the US dollar its world market value and restore confidence and discipline in the Zimbabwean financial sector.The study also recommends another option of the adoption of the South African Rand as an interventionist way of solving Zimbabwe’s liquidity crises.展开更多
Artists of Gansu Dance Troupe visited the Latvian capital to present Chinse New Year's show to audienee at the Great Guild Hall in Riga Old Town on January 26.
CHINA＇S economy grew at a rate of 7.4 percent in 2014 amidst painstaking efforts to carry out structural reform, eliminate outdated production capacity and promote innovation. ＂China has surmounted tremendous press...CHINA＇S economy grew at a rate of 7.4 percent in 2014 amidst painstaking efforts to carry out structural reform, eliminate outdated production capacity and promote innovation. ＂China has surmounted tremendous pressures and challenges to realize its goal of maintaining a growth rate around 7.5 percent,＂ said Ma Jiantang, Commissioner of the National Bureau of Statistics （NBS）. noting that the growth rate was hard-won against the nation＇s massive economic aggregate output of 63.6 trillion yuan （S10.4 trillion）.展开更多
Fuzhou is currently reaching back into its long history to re-establish its links to the maritime Silk Road,placing a special emphasis on tourism. The abundance of blue skies, clean air, clear waters and green mountai...Fuzhou is currently reaching back into its long history to re-establish its links to the maritime Silk Road,placing a special emphasis on tourism. The abundance of blue skies, clean air, clear waters and green mountains give the city and its environs a great deal to experience. With the theme of ＂Refreshing Fujian,＂ and a city name that means ＂Land of Blessings,＂ the area has much to offer visitors.展开更多
Professionals, amateurs and fans are looking to innovations for the rejuvenation of China’s national opera while the namesake biopic of Peking Opera master Mei Lanfang captivated moviegoers by conjuring up scenes fro...Professionals, amateurs and fans are looking to innovations for the rejuvenation of China’s national opera while the namesake biopic of Peking Opera master Mei Lanfang captivated moviegoers by conjuring up scenes from the 1920s to the 1940s when Mei rose to fame, the national opera was reaching a turning point for a larger audience.展开更多
When Father Joseph Liu Xinhong was ordained bishop of Anhui diocese at St. Joseph Church in Wuhu, a mid-sized city beside the Yangtze River in east China, he knew his consecration would attract some attention. But, he...When Father Joseph Liu Xinhong was ordained bishop of Anhui diocese at St. Joseph Church in Wuhu, a mid-sized city beside the Yangtze River in east China, he knew his consecration would attract some attention. But, he told Beijing Review he had no idea it would make news around the world.展开更多
As an important thinker in the early South Song dynasty, Zhang Jiucheng differed in his thinking from the School of Principles of the Song and Ming dynasties, which was the mainstream at that time, and was thus exclud...As an important thinker in the early South Song dynasty, Zhang Jiucheng differed in his thinking from the School of Principles of the Song and Ming dynasties, which was the mainstream at that time, and was thus excluded by Zhu Xi and his followers. The relation between virtues and blessings was a characteristic part of Zhang＇s thought. By analyzing concepts like Heavenly mandates, virtues, blessings, luckiness and unluckiness in Zhang＇s thought, this essay re-defines the complicated but manifest relations between virtues and blessings; clarifies the trajectory of Zhang＇s thoughts on Heavenly mandates, virtues, and blessings; and displays the efforts of the Neo-Confucians of the Song dynasties to stress the value of human nature in the tension between Heavenly mandates and virtues.展开更多
To commemorate the 40th anniversary of the China-Japan Peace and Friendship Treaty,the Chinese People’s Association for Friendship with Foreign Countries and the Japan-China Cultural Exchange Promotion Association jo...To commemorate the 40th anniversary of the China-Japan Peace and Friendship Treaty,the Chinese People’s Association for Friendship with Foreign Countries and the Japan-China Cultural Exchange Promotion Association jointly presented an art exhibition at the Peace Palace in the CPAFFC compound in Beijing.Nearly 200 guests participated in the exhibition,Peace Is a Blessing—paintings by well-known Chinese artists,with Japanese ink and wash paint ings.展开更多
在神经病学的临床研究中，除了常规的生化、影像学甚至基因检查外，还常需要一种特殊测量工具——量表（scale）的参与。以老年期痴呆为例，应用简易精神状态检查量表（mini-mental state examination，MMSE）、Blessed痴呆量表（Blesse...在神经病学的临床研究中，除了常规的生化、影像学甚至基因检查外，还常需要一种特殊测量工具——量表（scale）的参与。以老年期痴呆为例，应用简易精神状态检查量表（mini-mental state examination，MMSE）、Blessed痴呆量表（Blessed dementia scale，BDS）、长谷川痴呆量表（Hasegawa dementia scale，HDS）等，并结合其他诸如CT、MRI以及基因突变等辅助检查，可对痴呆的诊断、鉴别诊断以及病情变化和药物疗效的评价起到至关重要的作用。展开更多
In Chiba Prefecture, Japan, during the Edo period (1603-1867), the development of waterway traffic by ships and the management of ports, highways and post towns around the ports progressed with the prosperity of the E...In Chiba Prefecture, Japan, during the Edo period (1603-1867), the development of waterway traffic by ships and the management of ports, highways and post towns around the ports progressed with the prosperity of the Edo (present-day Tokyo), which became heavily populated and the center of politics. We estimated that the demand of Japanese sake, which is luxury grocery item, was high. The freshwater layer that is abundant in mineral water to a depth of approximately 10 m is formed in coastal sand dunes. The fresh water layer is hard water, in which the concentrations of minerals such as calcium and magnesium are high. When the fresh water layer is used as the preparation water, the working rice malt and yeast in the sake brewing process become active. Japanese sake trends to be dry with a full-bodied taste. In addition, the main ingredients of local cuisines are fish and shellfish;many local cuisines are seasoned using soy sauce, miso and salt, and these local cuisines pair well with the type of Japanese sake described above. The local cuisines have been nurtured in harmony with the region’s rich nature and heritage. In the future, we need to conserve the rich natural environment of the tidal flat, coast, seaweed beds, and marine, which have been producing the main local cuisine in Chiba Prefecture, and the water source area (a successive environment on the plateau from the coast, which was previously called the coastal dune area) of the preparation water for making Japanese sake. We also need to proactively develop local production for local consumption activities. Thus, we hypothesize that if the Japanese food life is secured and the traditional food culture is continued, the region will become revitalized by the development of the exchanges in the region.展开更多
文摘The Zimbabwean financial sector has been retrogressive,constrained,and unpredictable since the year 2000,serving for the multiple currency periods(2009-2013)after the demonetization of the domestic dollar.The sector since then has seen a number of commercial banks fail to meet RBZ(Reserve Bank of Zimbabwe)minimum capital requirements,put under curatorship,delisted or liquidated because of a myriad of operational and financial challenges.The objective of this study is to make an assessment of whether or not the introduction of bond notes has been a curse or blessing.The study drew raw data from bank account holders,academics,general public,corporate world and commercial banks in Masvingo for analysis and interpretation.The study established that the majority of people,corporate world and commercial banks were sceptical to embrace the surrogate bond notes because of the uncertainties,operational and financial risks that they paused on the domestic financial markets.It was also discovered that most banks were quick to pay clients’withdrawals in bond notes,deduct US dollar equivalences from their accounts,and distinguish bond notes from US dollars at the point of making deposits and foreign business transactions.It was also realized that there was market indiscipline and trading in bigger US dollar notes in the informal sector and serious shortage of the same notes in the formal sector.The study concluded that the introduction of bond notes to trade parallel to the US dollar brought a serious shortage of cash on formal markets and increases in the general price level of goods and services.The study therefore recommends that the RBZ should completely withdraw the bond notes from the market to accord the US dollar its world market value and restore confidence and discipline in the Zimbabwean financial sector.The study also recommends another option of the adoption of the South African Rand as an interventionist way of solving Zimbabwe’s liquidity crises.
文摘Artists of Gansu Dance Troupe visited the Latvian capital to present Chinse New Year's show to audienee at the Great Guild Hall in Riga Old Town on January 26.
文摘CHINA＇S economy grew at a rate of 7.4 percent in 2014 amidst painstaking efforts to carry out structural reform, eliminate outdated production capacity and promote innovation. ＂China has surmounted tremendous pressures and challenges to realize its goal of maintaining a growth rate around 7.5 percent,＂ said Ma Jiantang, Commissioner of the National Bureau of Statistics （NBS）. noting that the growth rate was hard-won against the nation＇s massive economic aggregate output of 63.6 trillion yuan （S10.4 trillion）.
文摘Fuzhou is currently reaching back into its long history to re-establish its links to the maritime Silk Road,placing a special emphasis on tourism. The abundance of blue skies, clean air, clear waters and green mountains give the city and its environs a great deal to experience. With the theme of ＂Refreshing Fujian,＂ and a city name that means ＂Land of Blessings,＂ the area has much to offer visitors.
文摘Professionals, amateurs and fans are looking to innovations for the rejuvenation of China’s national opera while the namesake biopic of Peking Opera master Mei Lanfang captivated moviegoers by conjuring up scenes from the 1920s to the 1940s when Mei rose to fame, the national opera was reaching a turning point for a larger audience.
文摘When Father Joseph Liu Xinhong was ordained bishop of Anhui diocese at St. Joseph Church in Wuhu, a mid-sized city beside the Yangtze River in east China, he knew his consecration would attract some attention. But, he told Beijing Review he had no idea it would make news around the world.
文摘As an important thinker in the early South Song dynasty, Zhang Jiucheng differed in his thinking from the School of Principles of the Song and Ming dynasties, which was the mainstream at that time, and was thus excluded by Zhu Xi and his followers. The relation between virtues and blessings was a characteristic part of Zhang＇s thought. By analyzing concepts like Heavenly mandates, virtues, blessings, luckiness and unluckiness in Zhang＇s thought, this essay re-defines the complicated but manifest relations between virtues and blessings; clarifies the trajectory of Zhang＇s thoughts on Heavenly mandates, virtues, and blessings; and displays the efforts of the Neo-Confucians of the Song dynasties to stress the value of human nature in the tension between Heavenly mandates and virtues.
文摘To commemorate the 40th anniversary of the China-Japan Peace and Friendship Treaty,the Chinese People’s Association for Friendship with Foreign Countries and the Japan-China Cultural Exchange Promotion Association jointly presented an art exhibition at the Peace Palace in the CPAFFC compound in Beijing.Nearly 200 guests participated in the exhibition,Peace Is a Blessing—paintings by well-known Chinese artists,with Japanese ink and wash paint ings.
文摘In Chiba Prefecture, Japan, during the Edo period (1603-1867), the development of waterway traffic by ships and the management of ports, highways and post towns around the ports progressed with the prosperity of the Edo (present-day Tokyo), which became heavily populated and the center of politics. We estimated that the demand of Japanese sake, which is luxury grocery item, was high. The freshwater layer that is abundant in mineral water to a depth of approximately 10 m is formed in coastal sand dunes. The fresh water layer is hard water, in which the concentrations of minerals such as calcium and magnesium are high. When the fresh water layer is used as the preparation water, the working rice malt and yeast in the sake brewing process become active. Japanese sake trends to be dry with a full-bodied taste. In addition, the main ingredients of local cuisines are fish and shellfish;many local cuisines are seasoned using soy sauce, miso and salt, and these local cuisines pair well with the type of Japanese sake described above. The local cuisines have been nurtured in harmony with the region’s rich nature and heritage. In the future, we need to conserve the rich natural environment of the tidal flat, coast, seaweed beds, and marine, which have been producing the main local cuisine in Chiba Prefecture, and the water source area (a successive environment on the plateau from the coast, which was previously called the coastal dune area) of the preparation water for making Japanese sake. We also need to proactively develop local production for local consumption activities. Thus, we hypothesize that if the Japanese food life is secured and the traditional food culture is continued, the region will become revitalized by the development of the exchanges in the region.
