Belt and Road Forum for

[DMT]

VIENNA Cheap Air Max TN Outlet , May 7 (Xinhua) -- The majority of Austria's political leaders positively reacted to the outcome of Sunday's French presidential election, standing behind president-elect Emmanuel Macron as the better choice.


The Krone reported Austrian President Alexander Van der Bellen as stating he is "greatly happy" that Macron won with a solid margin.


He said in his campaigning Macron had made the case for a "strong Europe". "Europe needs France, and France needs Europe," Van der Bellen added.


Austrian Chancellor Christian Kern congratulated Macron via his Facebook page, writing that the outcome represents a victory for "the forces that stand for openness and a strong Europe".


He further wrote that he sees the president-elect as an "ally for the urgently-needed policy change in the EU", and that one should work together to achieve greater security and prosperity.


Minister for Foreign Affairs Sebastian Kurz congratulated Macron via his Twitter page Cheap Air Max 95 Outlet , and said that it is now important that France implements major reforms. Further, one needs a pro-European France, which "takes part in necessary changes in the EU".


Somewhat more muted were the congratulations from the leader of the far-right Freedom Party Heinz-Christian Strache. In a statement he acknowledged Macron as the clear victor of the election, in a result that is "to be respected".


He nonetheless found positive words for ally and loser of the French election Marine Le Pen, claiming the 11 million votes she received will put her party, Front National Cheap Air Max 90 Outlet , in excellent stead for the upcoming legislative elections in just a few weeks.


Chinese submersible explores turbidity current in South China Sea


Macron, Le Pen cast votes in French presidential runoff


8th China Peking Opera art festival to be held in Nanjing


Policemen investigate blast site in Manila, the Philippines


Front part of C919 manufactured in China's Chengdu


Nearly 5,000 firefighters battle forest fire in Inner Mongolia


Monks receive donation from residents and tourists in China's Hangzhou


Snow scenery of Tianshan Mountains in China's Xinjiang


BEIJING, May 11 (Xinhua) -- Chinese loans to countries and regions along the Belt and Road will not add to local debt burden, while risks rising from such loans are under control Cheap Air Max Outlet , bank officials said Thursday.


Ding Xiangqun, vice president of China Development Bank (CDB), said at a press conference that the majority of projects supported by the CDB generated sufficient cash flow to pay back the principal and interest.


"It's quite biased to say that our loans add to local debt burden as we choose the projects very carefully, making sure they have economic value," said Ding..


She added that the bank also had strict credit requirements for sovereign loans, making sure the terms on these loans are in line with those required by the International Monetary Fund.


Sun Ping Cheap Nike Air Max TN Womens , vice president of the Export-Import Bank of China (China Exim Bank), said the bank has established risk-control mechanisms to evaluate the feasibility of loans based on the upper limit of debt that each country could bear, and widespread defaults on sovereign debts are unlikely.


"With strict measures to mitigate risks, I'm confident that the level of non-performing loans will remain under control," said Sun.


Since the launch of the Belt of Road Initiative in 2013, China Exim Bank has supported more than 1 Cheap Nike Air Max 95 Womens ,200 projects related to the initiative, with contracted value surpassing 700 billion yuan (about 101.4 billion U.S. dollars)


By the end of 2016, CDB had given more than 160 billion U.S. dollars of loans to countries along the Belt and Road to support development in industries such as infrastructure and energy resources, according to Ding.


As China steps up financial support for the Belt and Road Initiative, Chinese financial institutions are also increasing their global presence.


A China-proposed association to promote financial cooperation among ......................................... countries and regions will be established soon, according to Pan Guangwei Cheap Nike Air Max 90 Womens , vice head of the China Banking Association.


The China Banking Association will take the lead in the establishment of such an institution, Pan said at the press conference.


An ......................................... financial cooperation association was proposed by Chinese Premier Li Keqiang at the 2016 Boao Forum for Asia, with the aim to improve markets and prevent financial turmoil.


By the end of 2016, nine Chinese-funded banks have set up 62 direct branches and representative offices in 26 countries along the Belt and Road, offering tailored services to local clients, according to Pan.


At the same time Cheap Nike Air Max Womens , 54 commercial banks from 20 countries and regions along the Belt and Road have established branches, finance companies, or representative offices in China, seeking cooperation opportunities rising from the initiative.


While providing financial support to Belt and Road Initiative,Chinese-funded banks are also improving their own global competitiveness, Pan said.


China will host the Belt and Road Forum for International Cooperation in Beijing from May 14 to 15.


More than 1 Cheap Air Max TN Womens ,500 delegates, including officials, academics,entrepreneurs, representatives of financial institutions and media organizations from 130 nations, as well as representatives from more than 70 international organizations Cheap Air Max 95 Womens , will attend.


The Belt and Road Initiative aims to expand links between Asia, Africa and Europe through billions of dollars in infrastructure investment.




Late former senior legislator Buhe cremated


Construction of Boeing's 1st overseas 737 factory starts in China


Pic story of male nurses working in central China


Growing edible fungus becomes important industry in NE China


Chinese submersible explores turbidity current in South

TOKYO, Sept. 21 (Xinh.