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Mon 11 Jun @ 4:33pm

BEIJING [url=http://www.raidersfootballpro.com/Obi-Melifonwu-Raiders-Jersey/]Women's Obi Melifonwu Jersey[/url] , Aug. 13 (Xinhua) -- China is well-positioned to achieve steady economic growth thanks to the development of the Belt and Road Initiative, according to a senior U.S. economist.

"The Chinese economy has experienced a slowdown, but the worst is over now and the Belt and Road Initiative will help prevent it from being worse," Pippa Malmgren, president and founder of DRPM Group, told Xinhua.

The B&R Initiative helps China build links to the rest of the world and create GDP outside the country through increased exports and overseas investment [url=http://www.raidersfootballpro.com/Gareon-Conley-Raiders-Jersey/]Women's Gareon Conley Jersey[/url] , according to Malmgren, who once served as advisor to former U.S. President George W. Bush for economic policy and financial markets.

Malmgren pointed out that it is important to observe qualitative signals in daily life that indicate economic trends in addition to quantitative indicators like GDP and CPI.

Malmgren is author of "Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy."

Understanding economic signals and taking actions accordingly will help avoid the appearance of "Black Swans" and "Grey Rhinos," which may appear due to ignorance of certain trends, she added.

Malmgren observed that the global economy is facing rising inflation as people have to pay the same price for increasingly smaller products, and the solution to the challenge is innovation.

"We are already in the fourth industrialization, featuring artificial intelligence and other new technologies. Innovation will create new forms of growth and kill inflation by lowering costs and prices [url=http://www.raidersfootballpro.com/Giorgio-Tavecchio-Raiders-Jersey/]Giorgio Tavecchio Jersey[/url] ," she said.

One good way to digest the large pool of money injected into the global market is to invest in the real economy instead of the financial sector, which is what the Chinese government is doing, she said.

"An engineering graduate now can enjoy a higher salary than a finance graduate in the United States. This is one good signal for the real economy," she said.

Weekly choices of Xinhua photo

1,400 night view projects lightened up in Xiamen

Rescuers continue search in quake-hit Jiuzhaigou

Annual Bud Billiken Parade held in Chicago

Highlights of multinational drill in Georgia

People mark national Fitness Day around China

Aerial view of Gula Town in S China

Qiandao Lake: Home to 114 known fish species

LOS ANGELES, Aug. 11 (Xinhua) -- A Los Angeles-based businessman manufacturing bomb shelters said Friday that the demand keeps growing as fears have intensified amid the exchange of fierce rhetoric between Washington and Pyongyang.

The Democratic People's Republic of Korea (DPRK)'s military said in a statement Thursday that it had a plan to strike Guam with intermediate missiles [url=http://www.raidersfootballpro.com/Marquel-Lee-Raiders-Jersey/]Marquel Lee Jersey[/url] , as a response to U.S. President Donald Trump's stern warning on Tuesday in which he said "North Korea (DPRK) best not make any more threats to the United States. They will be met with fire and fury like the world has never seen."

It is not only Guams, a U.S. island territory in the Western Pacific, but also people living in the West Coast of the United States, felt concerned, Ron Hubbard, president of Atlas Survival Shelters [url=http://www.raidersfootballpro.com/Jared-Cook-Raiders-Jersey/]Jared Cook Jersey[/url] , told Xinhua in an interview.

"There is a lot of (people) interest to it because of the threat, this business is wired, if not very good, it will be very bad, usually is very bad, but this week is very good [url=http://www.raidersfootballpro.com/NaVorro-Bowman-Raiders-Jersey/]NaVorro Bowman Jersey[/url] , because of Donald Trump and North Korea (DPRK)," he said.

He said he started the business in 2010 and had seen spikes in business in the past when there were rumours about the world ending in 2012 and when ISIS came to power, but never anything like this period as thousands people showed their interests in the products.

The bankers, sold on price from 10,000 to 100,000 U.S. dollars [url=http://www.raidersfootballpro.com/Marshall-Newhouse-Raiders-Jersey/]Marshall Newhouse Jersey[/url] , are designed to be buried 20 feet underground in backyard, and people can live in them comfortably up to one year with equipped solar power panel after a nuclear bomb attack.

Meanwhile, the company has also produced smaller shelters for tornado, which can be made in 6 to 7 hours but has a much bigger market in U.S.

Hubbard said there are orders from Japan for the bomb banker, but never received any demand from South Korea.

"If there is more threat, more danger of nuclear war [url=http://www.raidersfootballpro.com/Mario-Edwards-Jr-Raiders-Jersey/]Mario Edwards Jr Jersey[/url] , maybe we can find more demands," he added.

Central delegation travels around Inner Mongolia for 70th anniversary

Quake-affected people start lives in tents in China's Sichuan

New businesses boost economic growth in China's Tibet

6 ancient cities found deep underground in C China

Highlights of multinational drill in Georgia

People mark national Fitness Day around China

Aerial view of Gula Town in S China

Qiandao Lake: Home to 114 known fish species

KUNMING, Dec. 17 (Xinhua) -- Sons of a U.S. aviator who helped China fight against Japanese invaders during WWII have donated two blankets, which were gifted by Mao Zedong, to a memorial hall in southwest China's Yunnan Province.

Mao presented the blankets from Mongolia with John Paul McConnell as a token of thanks after the U.S. pilot flew the leader to and from Chongqing in September 1945, a month after the Japanese surrender. The blankets have been well-kept by the McConnell family for more than 70 years.

Sons of McConnell [url=http://www.raidersfootballpro.com/Karl-Joseph-Raiders-Jersey/]Karl Joseph Jersey[/url] , Bruce and Dorsey, made the donation to Dianxi Anti-Japanese War Memorial Hall during a recent trip to Tengchong city in Yunnan. They hoped that the blankets could serve as reminder of the friendship between the United States and China.

"I think that when Chairman Mao gave my father these blankets, he was expressing a hope: that though circumstances might separate us for a time, one day the people of China and the people of the United States would again share deep bonds of friendship," said Dorsey.

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