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Increasing unemployment and decrease in farm

  • February 1, 2019 1:04 PM +05

    BEIJING Angels Albert Pujols Jersey , March 9 (Xinhua) -- Chinese shares plunged on Wednesday, ending a six-day winning streak, with the benchmark Shanghai Composite Index down more than 3 percent at one point.

    The benchmark Shanghai Composite Index dived 1.34 percent to close at 2,862.56 points, and the smaller Shenzhen index closed 2.15 percent lower at 9,523.14 points.

    Total turnover on the two bourses shrank to 426.58 billion yuan (65.52 billion U.S. dollars) Angels Nolan Ryan Jersey , compared with Tuesday's 532.7 billion yuan.

    Losers outnumbered gainers by 891 to 99 in Shanghai and 1,307 to 226 in Shenzhen.

    The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, dropped 1.57 percent to close at 1,970.81 points.

    The Shanghai index opened 2.14 percent lower, setting the tone for Wednesday's trading Authentic Garrett Richards Jersey , although the markets managed to recoup losses and entered positive territory before diving over 3 percent near the end of the morning session.

    The mining, coal and non-ferrous metal sectors led the losses, with Shengda Mining Co., Ltd. down by the daily limit of 10 percent.

    "Investors are seizing the time to rush out of stocks at the beginning of the trading day as they anticipate a major correction following the overnight tumble in global commodity prices," FX678 quoted Huaxi Securities analyst Cao Xuefeng as saying.

    The real estate sector, which remained in the limelight for its remarkable gains during the recent boom Authentic Andrew Heaney Jersey , also retreated on Wednesday. Major developer Poly Real Estate Group closed at 9.88 yuan, down 1.79 percent from a day earlier.

    Casting a shadow on the markets, ugly China trade data also prompted profit-taking after a recent rally. Customs data on Tuesday showed China's exports slumped more than expected in February, as weak global demand and seasonal factors added to pressure on the slowing economy.

    Exports in dollar-denominated terms were more than 25 percent lower than in February 2015, worsening from the 11.2-percent decline in January

    Imports dropped 13.8 percent, a milder decrease than 18.8 percent in January.

    The transport Authentic Ben Revere Jersey , healthcare and banking sectors were among the few gainers on Wednesday.

    by Peerzada Arshad Hamid

    NEW DELHI, Aug. 9 (Xinhua) -- A huge protest rally led by Marathas, a politically powerful group in India's financial capital Mumbai, Wednesday hit the city, demanding quotas (reservation) for Marathas in government jobs and educational institutions, amendments to scheduled caste and scheduled tribe Acts as well as farm loan waivers.

    The protesters wearing saffron color caps and carrying same color flags marched on the roads in south Mumbai from Byculla to Azad Maidan Authentic Martin Maldonado Jersey , forcing authorities to deploy extra security, shut down schools and issue traffic advisories.

    While organizers put the number of participating protesters over 2 million, Indian media reports estimated the number of people at the rally between 600,000 and about 1 million.

    According to NDTV, around 900,000 people marched on roads in support of the demands and assembled at Azad Maidan Authentic Andrelton Simmons Jersey , Mumbai's large public park.

    Local authorities said they did not expect such a huge crowd to assemble.

    Maharashtra Chief Minister Devendra Fadnavis Wednesday said his government supports affirmative action policies for the dominant caste.

    "We are going to constitute a cabinet sub-committee for regular interaction with Maratha representatives," Fadnavis told the state's lawmaking body.

    The Wednesday's show of strength marked the end of a series of protests staged by Maratha community to press its demands.

    "Today's show marks the culmination of a year-long protest by Maratha community, under the Maratha Kranti Morcha (Maratha Revolutionary Front)," organizers said. "We carried out protest marches in 57 different places across the state in the past one year."

    The Maratha community constitutes a third of Maharashtra's population and majority of them are dependent on farming for making their ends meet.

    Increasing unemployment and decrease in farm incomes are forcing Indian farmers to raise demands of reservations and loan waivers.

    "We are demanding government come forward to help us," Atul Maitre, a protester said. "Mere rhetoric from top politicians in government didn't do anything. Now they have to take concrete steps to save us and our families."

    Agriculture has suffered a huge set back in recent years in India due to unfavorable weather conditions (drought and flooding).

    With Indian farming in crisis Authentic Reggie Jackson Jersey , people associated with it are forced to look for other means of livelihood.

    In India, quotas for lower castes and economically weaker sections are guaranteed constitutionally.

    Aftermath of 7.0-magnitude quake in Jiuzhaigou, SW China

    70 years of ethnic autonomy means solidarity, prosperity

    Rescue work underway in quake-hit Jinghe, China's Xinjiang

    Car hits French soldiers, flees scene

    People mark national Fitness Day around China

    Aerial view of Gula Town in S China

    Qiandao Lake: Home to 114 known fish species

    Delicious in-flight meal for BRICS Summit

    BEIJING Authentic Rod Carew Jersey , July 28 (Xinhua) -- Chinese tech giant Baidu posted soaring profit growth in the second quarter of this year thanks to its continuous investment in artificial intelligence (AI).

    Net income attributable to Baidu in Q2 reached 4.415 billion yuan (about 651 million U.S. dollars), jumping 82.9 percent year on year, according to the company's unaudited financial statement released Friday.

    Total revenues stood at 20.874 billion yuan, a 14.3-percent increase from Q2 2016, with mobile revenue as the main contributor.

    Online marketing revenues in Q2 reached 17.883 billion yuan, up 5.6 percent year on year.

    Baidu announced its new mission in Q2 to "make a complex world simpler through technology."

    To achieve the mission Authentic Darin Erstad Jersey , Baidu. Wholesale Cheap Jerseys   Wholesale Jerseys China Free Shipping   Wholesale Jerseys Free Shipping   Cheap NCAA Jerseys China   Cheap NBA Jerseys China   Wholesale Soccer Jerseys Free Shipping   Cheap Jerseys   Wholesale Football Jerseys China Online   Wholesale College Jerseys From China   Cheap NBA Basketball Jerseys  

     

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