Japan is still struggling to get its fiscal house in order. While its planned bond issuance has been reduced by 2 percent and lowered for the eighth straight year in the latest budget plan, the country still has a public debt level globally never seen before at more than double the size of its 5 trillion-US dollar economy.
JINAN -- Typhoon Lekima has left five people dead and seven missing after making landfall in the coastal areas of East China's Shandong province Sunday night.
James Moore, an engineering professor at the University of Southern California who researches transportation projects, said the governor's decision to focus on the Merced-to-Bakersfield leg was "a very dramatic change in the scope of the project".
Jessica Tan, Ping An Group's co-CEO, said that the first issue that the Guangdong-Hong Kong-Macao Greater Bay Area should address to remain competitive is to integrate the 37 ports within the whole area.
Jiang Rongfeng, a professor at the university, said the exchange program helps develop models suitable for the sustainable development of African agriculture and is just one of several ways of supporting the continent. Others include establishing "backyards" with local enterprises and signing agreements with governments.
Jack Stoddard, chief operating officer
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Jeff Bezos unveils the Fire Phone at a Seattle event in June 2014.
Jerry Zhang, CEO of Standard Chartered in China, added: "This is a big step forward in the further opening-up of China's domestic financial markets and a testament to our commitment to supporting China's financial reform and innovation."
Jan Kohout, adviser to Czech Republic President Milos Zeman, who himself will attend the May forum, has a different view. Kohout, former Czech foreign minister and founder of the Prague-based New Silk Road Institute, said his country has already built a "political highway" with China, and the most important thing is to identify partners and implement the various deals.
Jacques believes the pandemic could result in the sort of change to the Bretton Woods system brought by the global financial crisis of 2008 to other aspects of global infrastructure. It saw the emergence of the G20, which includes developing countries such as China, India, Indonesia and South Africa, as well as Western nations, as the main economic grouping.