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BerichtGeplaatst: 02-07-2018 08:38:52    Onderwerp: China's Finance Reageren met citaat
LONDON Homme Air Max 97 Ultra Noir Soldes , July 24 (Xinhua) -- An innovative experiment of deploying "de-orbit sails" on space objects like satellites may lead to better solutions to the growing problem of space junk, Britain's Defence Science and Technology Laboratory (Dstl) announced on Monday.


Hundreds of thousands of man-made objects orbit the Earth Homme Air Max 97 KPU Noir Pas Cher , but fewer than 5,000 are operational satellites. The most congested area sits within 2 Boutique Homme Air Max 2017.8 KPU TPU Noir ,000 km of the Earth's surface, known as low Earth orbit (LEO). Space junk threatens to make space exploration and satellite launches impossible Homme Nike Air Max Flair 2017 Rouge Noir Pas Cher , and poses a hazard to existing satellites.


To tackle the problem, the Inter-Agency Space Debris Coordination Committee (IADC) has proposed that all LEO satellites should be de-orbited within 25 years. But the traditional de-orbiting rocket method is expensive. Now Dstl space scientists are exploring alternative methods.


The so-called Daedalus experiment is exploring the effect of the Icarus "de-orbit sails" on satellites.


These sails are made of 25 micrometer-thick aluminium-coated Kapton 2017 Nike Air Max Flair Blanche En ligne , a high heat-resistant polyimide film. When deployed on satellites, the sail increases drag Acheter 2017 Homme Nike Air Max Flair Noir Grise , causing a controlled descent into the Earth's atmosphere where the satellite will burn up.


The first trial has just started. A Canadian satellite, known as CanX-7 Homme Air Max 2018 Elite Noir Blanche Pas Cher , deployed its de-orbiting sail in early May 2017 and is expected to burn up in the Earth's atmosphere in around two years' time.


Two other satellites, TechDemoSat-1 (TDS1) and Carbonite-1 (CBNT1) Homme Air Max 2018 Elite Grise Noir Solde , have been fitted with the Icarus de-orbit sails and are expected to start their descents later this year.










A residents shows China's RMB and US dollar banknotes in Qionghai, south China's Hainan Province, Jan. 7, 2016. The central parity rate of the Chinese yuan against the U.S. dollar weakened to 6.5646 per dollar on Jan. 7, the lowest since March 2011. (XinhuaMeng Zhongde) (File photo)


BEIJING, May 15 (Xinhua) -- China's credit data in April was weaker than expected, but overall credit growth stayed strong and the central bank's monetary policy will continue to be prudent.


M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 12.8 percent year on year to 145 trillion yuan at the end of April, lower than the 13.4 percent year-on-year growth in March despite last April's historical low growth base, according to data released by the People's Bank of China (PBOC) on Friday.


China's new yuan-denominated lending in April amounted to 556 billion yuan (85 billion U.S. dollars), 152 billion yuan less than a year earlier while new total social financing (TSF) dropped to 751 billion yuan in April from March's 2.34 trillion yuan.


The headline disappointment might trigger some investor concern that the government has started to tighten credit policy. However, the drop does not indicate a shift in monetary policy and overall credit volume, TSF and liquidity remained stable after factoring in seasonal effects and local government debt swap, according to a statement from the PBOC.


Central bank chief economist Ma Jun pointed out that the weak data should not be over-interpreted as government bond swaps of more than 350 billion yuan having been subtracted from total loans and TSF stock, lowering credit growth statistically.


Increased corporate demand deposits, stronger fixed asset investment and credit support from policy banks might also have contributed to the slowdown, according to UBS China economist Wang Tao.


Weak RMB loans, corporate bonds and undiscounted bills were mainly to blame for shrinking TSF. In particular, new corporate bonds slid to 210 billion yuan on the back of recent onshore bond market volatility and weaker market confidence, Wang added.


The central bank will maintain a prudent monetary stance before the inflationary pressure becomes more visible and may use more targeted and flexible operations instead of broad-based easing in order to facilitate supply-side reforms and contain financial risks,the PBOC statement said.


As the cyclical recovery continues and broadens out to the mid and downstream sectors along with mild inflation, the need for further monetary loosening may be lessened, according to a research note from China International Capital Corporation Limited (CICC).


CICC expects no interest rate cuts this year and little room for lowering reserve requirements.


Related:


Commentary: China's credit surge augurs no restart of massive stimulus


by Xinhua writers Zhang Zhengfu, Liu Fei


BEIJING, May 2 (Xinhua) -- Data showing an increase in loans has fanned speculation that the government may turn to a massive stimulous program, a move that would pose a risk to global financial market.


Upon closer inspection, however, these fears are unfounded.


It is normal for a country to adopt an accommodative policy to underpin a slowing economy, and China will continue to this end until the economy fully restores its strength. Full story


Rating agencies' China credit outlook downgrade fails to reflect reality of China's economy: finance minister


WASHINGTON, April 15 (Xinhua) -- Major credit rating agencies' decisions to downgrade the outlook for China's sovereign bonds failed to reflect the reality of China's economy, as the country registered a quite high growth rate of 6.7 percent in the first quarter of this year,
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 China's Finance
Minister Lou Jiwei said here on Friday.


"While this growth rate is below our previous performance, it's still within our expectation, as the growth target for this year is set in the range of 6.5 to 7 percent," Lou told Xinhua at a press conference after the two-day G20 Finance Ministers and Central Bank Governors Meeting in Washington.


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