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Typhoon Chan-Hom moves northeast Rees Odhiambo Rush Jersey , forces weaken Typhoon Chan-Hom moves northeast, forces weaken
BEIJING, July 12 (Xinhua) -- China's meteorological authority on Sunday downgraded the alert for Typhoon Chan-Hom from red to orange as it is set to weaken on its way to move northeast.


As of 5:00 a.m. Sunday, Chan-Hom was located at the northern area of the east China sea, packing winds of up to 35 meters per second, according to the National Meteorological Center (NMC).

Typhoon Chan-Hom moves northeast Typhoon Chan-Hom moves northeast Typhoon Chan-Hom moves northeast

The center forecast the typhoon to move northeast at a speed of 30 kilometers per hour to reach the Yellow sea. Its forces will gradually weaken along the way.


From Sunday to Monday Jarran Reed Rush Jersey , the provinces of Shandong, Liaoning, Jilin and Heilongjiang will be hit by rainstorms, while strong gales of up to level 13 is forecast in the Yellow sea, prompting the NMC to issue a blue rainstorm alert.


China has a four-tier color-coded weather warning system, with red representing the most severe weather Germain Ifedi Rush Jersey , followed by orange, yellow and blue.


Chan-Hom, the ninth typhoon this year, made landfall on Saturday afternoon in east China's Zhejiang province, affecting more than 710,000 people and 81 Tedric Thompson Rush Jersey ,460 hectares of farmland, according to the provincial flood control and drought prevention headquarters.


So far, no casualties have been reported.


HO CHI MINH CITY, Oct. 7 (Xinhua) -- Vietnam will likely obtain higher gross domestic product (GDP) growth in 2014 based on strong exports and low inflation so far this year, according to Hong Kong and Shanghai Banking Corporation (HSBC).


Vietnam's export performance has been enviable as the sector has expanded by 14.1 percent since early this year, an impressive result amid lackluster demand across the globe Amara Darboh Rush Jersey , local Saigon Times daily quoted sources from the bank's Global Research Report as saying on Tuesday.


The HSBC Manufacturing Purchasing Managers' Index (PMI) mirrored this trend as the index has risen for 12 consecutive months. In the third quarter, the manufacturing sector grew 9.8 percent year-on-year and contributed 1.9 percentage points to the economy's 6.4 percent year-on-year growth.


In recent years, domestic firms' trade deficits have narrowed while foreign enterprises' trade surpluses have picked up, backing stability for the currency and the economy. The growth of the sector has helped offset slowing investments and increase labor demand, the bank said.


According to the UN projections, 93 million people live in Vietnam in 2014 with around 60 percent in the labor force. Both total population and working age group are expected to continue to expand by about 1 percent per year Nazair Jones Rush Jersey , resulting in more investments and jobs to productively absorb existing and incoming labor.


In the medium term, labor market, financial, infrastructure and supporting industry reforms are required for growth to be sustainable. Low linkages with foreign enterprises and persistent skilled labor shortages are limiting the benefits of foreign direct investment (FDI), especially regarding the acquisition of technology.


Meanwhile, an EU-Vietnam Free Trade Agreement (FTA) is expected to conclude by the year-end Delano Hill Rush Jersey , if not in early 2015, bolstering stronger growth of manufacturing exports. As of September, Vietnam 's footwear exports had jumped 24.6 percent while textiles and garments rose by 18.6 percent, said the Saigon Times.


HSBC said the expiration of EU anti-dumping measures on Vietnamese leather footwear, labor cost competitiveness with China and anticipation of the Trans-Pacific Partnership have encouraged firms to shift production to Vietnam.


However, the bank said the big winners of exports have been goods manufactured in Vietnam while commodity-based items have lost value in recent years.


Headline inflation slowed to 3.6 percent year-on-year in September despite higher education costs Shaquill Griffin Rush Jersey , and the consumer price index (CPI) is expected to trend sideways in the fourth quarter, ending the year at 3.7 percent year-on-year, according to the bank.

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LONDON， Dec. 18 (Xinhua) -- A signed letter from the boxing legend Muhammad Ali to Nelson Mandela was sold for 7，200 pounds (8，999 U.S. dollars) at an auction in a British town of Devizes， the BBC reported Saturday.


""It will appeal to collectors of Ali memorabilia as well as those who collect Nelson Mandela material，"" the auctioneer Andrew Aldrige told BBC.


The letter， typed by the personal assistant to the general manager of a hotel in the South African city of Durban where Ali was staying in 1993， was sold to a U.S. collector.


In the letter， Ali offered his condolences on the death of Chris Hani， an anti-apartheid leader who was assassinated on 10 April， 1993.


Ali stayed in South Africa for a short period in April 1993 and he attended Hani's farewell at the FNB Stadium in Johannesburg on April 19， 1993.


Mandela kept a photograph of himself with Ali on his desk， and his favorite book， in his late years， was an autographed copy of Ali's biography， according to Andrew Aldrige.

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BEIJING, April 9 (Xinhua) -- A Chinese company has launched a crowdfunding initiative to raise at least one billion euros (about 1.08 billion US dollars) to buy renowned Italian soccer club AC Milan, according to an Italian soccer insider.


According to Fu Yixiang, vice president of the Italy-China Chamber of Commerce Ethan Pocic Rush Jersey , five companies have been linked to a possible takeover of the club.


Four are based in China -- beverage maker Wahaha, real estate developer Wanda, telecommunications giants Huawei and e-commerce magnate Alibaba, and the other interested is a Thai company, Fu said.


Fu, who has sources in the Italian soccer sector Malik McDowell Rush Jersey , said that. Antoine Griezmann France Jersey Danny Welbeck England Jersey Wholesale Croatia Jerseys Andres Felipe Roa Colombia Jersey Taison Brazil Jersey Eden Hazard Belgium Jersey Wholesale Uruguay Soccer Jerseys Blerim Dzemaili Switzerland Jersey Adam Lundqvist Sweden Jersey Cheap Cincinnati Reds Jerseys