I was downtown the other afternoon and I ran in into this guy I used to work with. We were both in the pharmacy and I looked up and saw him looking at this youtube link, https://www.youtube.com/watch?v=j-xrmutu0uq. Of course I did not recognize him until he started talk. This guy has this really unique voice, it is really awesome when where you talk to the girls. He sounds like one of those guys that you hear on the radio voice over thing. Of course he never says the stuff that he needs to say, but it always comes out side ways or something. It is really strange. He has these perfect pipes and the guy can not figure out how to use it. Continue reading →
The Chinese economy will provide “more rather than fewer” chances for the development of other countries against the backdrop of the new normal, Vice-Premier Zhang Gaoli said at the China Development Forum 2015 on Sunday.
China will treat domestic and foreign firms equally in anti-monopoly law enforcement and other issues to build a “stable, fair, transparent and predictable” business environment, said Zhang.
The country is promoting trade and investment liberalization and facilitation and will work with other countries to build a more “equitable and reasonable” world economic order, he said.
Chinese foreign trade exceeded $4.3 trillion and the country’s outbound foreign direct investment reached $102.9 billion last year.
Zhang said the country will revise laws and regulations governing foreign investment and introduce a new regime specifying areas where foreign capital is banned or limited.
China will do a good job in building its Free Trade Zones in Shanghai, Guangdong, Tianjin and Fujian and establish “high-level” free trade areas with other countries.
Commerce Minister Gao Hucheng said at the forum that in the next five years China aims to increase the share of its imports and exports of goods that go through free trade agreements to half of the total, up from the current 30 percent.
The country has signed draft free trade agreements with South Korea and Australia in recent months, and Gao said official agreements with those two countries are “expected to be signed soon”.
China is negotiating and carrying out feasibility studies on similar free trade agreements with more countries and regions in South Asia, Central Asia and West Asia, under the “One Belt and One Road” framework, he said.
The minister said one of his ministry’s priorities this year is to step up efforts to promulgate the new foreign investment law. China will further ease restrictions on foreign investors, particularly in the high-end manufacturing and service sectors.
China’s antitrust law enforcement is also an issue that creates doubt among foreign investors about whether they have been put on the same legal footing as domestic firms, although officials said only 10 percent of the companies involved in antitrust probes were foreign companies.
“The Chinese economy is undergoing restructuring and the role of the market needs to be further emphasized. Implementation of the antitrust law is important in safeguarding fair competition,” Zhang Handong, new head of the price-supervision and anti-monopoly bureau under the National Development and Reform Commission, said at a seminar in Beijing on Saturday.
Meanwhile, the country will further optimize law enforcement procedures on the basis of its experience in the six years since the law came into effect, said Zhang.
“China’s antitrust law enforcement has been criticized a lot by commentators when it touches the interests of foreign firms operating in China,” said Jessica Su, antitrust scholar and Institute of American Studies associate professor at the Chinese Academy of Social Sciences.
“However, the regulators’ investigation of monopolistic behavior and implementation of the law has a clear legal basis and is rooted in objective facts,” said Su.
The Ukrainian parliament on Tuesday voted to pass a bill, which amends the law on granting a “special status” and limited self-rule to some areas in eastern Ukraine, the parliament’s press service said.
The legislation, designed to “normalize the socio-political situation in eastern regions,” was approved with 265 votes in favor, which has met the requirement of at least 226 votes needed to pass it.
The bill envisages that certain districts in eastern Ukraine would acquire the “special status” for three years only after holding local elections in accordance with the Ukrainian law and under international observation.
Under the amended draft law, the eastern regions would have more autonomy.
The lawmakers also passed a bill to declare the areas in eastern Ukraine controlled by pro-independence rebels as a ” temporarily occupied territory” and a separate draft law to demarcate such territories.
Earlier in the day, a representative of the self-proclaimed Donetsk republic in eastern Ukraine Denis Pushilin voiced his criticism over the amendments to the “special status” law, saying they violate the Minsk ceasefire deal, signed on Feb. 12 in the capital of Belarus.
“These amendments, in our view, are legally and politically meaningless and insignificant. They directly violate the spirit of the Minsk agreements,” Pushilin told reporters.
The Ukrainian parliament approved the law on the “special status” to some areas in Lugansk and Donetsk regions in September 2014 as a concession to rebels, who seek independence from Kiev.