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Postby xiaxue123 » Mon Apr 16, 2018 2:47 am
The plan by China's central bank to cut the reserve requirement ratio (RRR) Jonathan Ericsson Jersey , or the amount of cash that banks must hold in reserve, will not affect policymakers' resolve to reduce financial risks, a State English newspaper quoted an official as saying on Monday.


The senior central bank official, who was not identified, told the paper that the planned cut would also not impede policymakers' determination to lower bank leverage ratios.


The paper said RRR cuts had been made before to supplement liquidity during capital outflow surges and falls in foreign exchange reserves, but that was not the case this time as inflows into China have been strong.


"Some financial institutions that have appealed for an easing of monetary policy have felt some liquidity stress during the [anti-leverage] campaign to tame interbank borrowing in order to prevent systemic risks," he added.


While China expects the US Dollar Index to strengthen following an interest rate rise Darren Helm Jersey , the overall impact on China's foreign exchange policy will be limited, the official noted.

Firefighters work at the scene of a fire in Russia's Novosibirsk region, on Jan. 4, 2018. Chinese citizens are among those killed in a fire at a shoe factory in Russia's Novosibirsk region Thursday, the Chinese Consulate General in Yekaterinburg has confirmed. (XinhuaSputnik)

MOSCOW, Jan. 4 (Xinhua) -- Chinese citizens are among those killed in a fire at a shoe factory in Russia's Novosibirsk region Thursday, the Chinese Consulate General in Yekaterinburg has confirmed.


According to preliminary information obtained by the Consulate General Martin Frk Jersey , seven Chinese nationals died and another was slightly injured in the fire.


Chinese consulate officials are rushing to the scene for detailed information.


The Chinese Embassy in Russia said it mourned the deceased and extended condolences to their relatives.


The embassy added that it has demanded the Russian Foreign Ministry and the Ministry of Emergency Situations ask authorities in the Novosibirsk region to investigate the cause of the fire and make utmost efforts to treat the injured.




HOUSTON, Jan. 15 (Xinhua) -- A unit of Shell Oil Company announced Monday that it has signed an agreement to acquire nearly half of Silicon Ranch Corporation, a solar developer based in Nashville, Tennessee.


Shell will pay between 193 million and 217 million U.S. dollars if the deals meet regulatory approval, and Shell will also be able to increase its ownership of the company after 2021. Initially, Shell hopes to acquire 43.83 percent of Silicon Ranch.


"Partnering with Silicon Ranch Corporation progresses our New Energies strategy and provides our U.S. customers with additional solar renewable options," said Marc van Gerven Luke Glendening Jersey , Shell vice president of solar. "With this entry into the fast-growing solar sector, Shell is able to leverage its expertise as one of the top three wholesale power sellers in the U.S., while expanding its global new energies footprint."


This investment is part of Shell's New Energies power portfolio, which prioritizes low carbon generation and storage. Shell's interest in Silicon Ranch includes an existing portfolio of approximately 880 megawatts of projects in operation or contracted.


Silicon Ranch Corporation, a developer, owner, and operator of solar energy plants in the United States Henrik Zetterberg Jersey , has a project and development funnel portfolio of approximately 1.9 gigawatts of capacity.


Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, a multinational "oil major" of Anglo-Dutch origins, which is amongst the largest oil companies in the world. Its U.S. headquarters are in Houston, Texas.



Multi Special Modern Mobile Apple iphone 3G Published: 25.10.2008 | Author: swornalakshmi | Category: Advertising, Article Marketing, Broadband Internet, Business Anthony Mantha Jersey , Business service, Communications, GPS, Mobile Phones, Satellite Radio

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