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THE government has “basically exited” from its curbs on irrational outbound investment deals Nike Air Max 270 Flyknit Marrone Scontate , Pan Gongsheng, the head of China’s foreign exchange regulator, was quoted by media as saying yesterday.
“At the end of last year, several departments took phased measures to control irrational outbound direct investment, and so far they have basically exited (from such measures),” Chinese financial news outlet Yicai quoted Pan Nike Air Max 270 Flyknit Army Verde Nere Scontate , head of the State Administration of Foreign Exchange, as saying.
China’s non-financial outbound direct investment in the January-October period slumped 40.9 percent year on year to US$86.31 billion as authorities bear down on what they say are speculative foreign ventures.
The decline in outbound investment reflected the government’s restrictive measures and “a gradual maturation and return to the rationality of external investment by market players,” Pan said.
The government said it continues to encourage genuine overseas deals but has vowed to limit overseas investment in property, hotels, entertainment, sports clubs and film industries which were suspected to be more speculative.
China also said it encourages overseas investment by qualified companies as they integrate into the global industrial and value chains and support investment by firms involved in Belt and Road Initiative projects Nike Air Max 270 Flyknit Nere Arancio Scontate , while taking steps to curb investment risks.
Last week, the National Development and Reform Commission (NDRC) issued draft guidelines for its companies investing overseas, streamlining approval processes for deals while raising oversight for projects in sensitive sectors and countries.
The NDRC warned that the government will record and tally instances of laws and regulations being broken in China or abroad, and offenders would be punished.
In addition to illegal activities, the guidelines specifically say actions that “violate international conventions and U.N. resolutions, or that disrupt foreign economic cooperation Donne Nike Air Max 270 Trainers Rosa Bianche Scontate , adversely impact the Belt and Road initiative, or harm China’s reputation,” will be recorded.
The guidelines also focus on monitoring cross-border capital flows by insisting overseas deals are reasonable and disclosures are accurate.
Companies or individuals that break rules will be penalized in various ways, according to the guidelines.(SD-Agencies)
BEIJING, Dec. 30 (Xinhua) -- The year 2014 has witnessed legal progress in China, particularly pardons and retrials Donne Nike Air Max 270 Trainers Rosa Chiaro Grigie Scontate , proving that the truth will out.
One high profile case this year was that of Huugjilt from Inner Mongolia, who was found guilty of raping and murdering a woman in a public toilet in Hohhot on April 9, 1996, and executed two months later. At the time of his death, he was 18 years old.
It was announced last week that he had been pardoned. Another man confessed to the murder in 2005 but the case was not reviewed until this year.
BANNING TORTURE IN INTERROGATION
"Historically, illegal methods such as torture and forced testimony were present in almost every miscarriage of justice Uomo Nike Air Max 270 Trainers Scuro Blu Bianche Scontate ," said Zhang Liyong, president of the Higher People's Court of central China's Henan Province.
China's Supreme People's Court (SPC) issued new directives last month, ruling that any evidence obtained through torture or intimidation would be nullified in criminal prosecution cases, and death penalty cases under appeal.
"Evidence must be valued. The traditional belief that a testimony is the most paramount [piece of evidence] should be changed, and more attention should be paid to examining and using material evidence," the document said.
Zhang said the new rules represent major progress in the protection of the legal rights of defendants.
Lawyer with the Beijing Yanyuan law firm Liu Hui said although China's judicial environment was improving Uomo Nike Air Max 270 Nere Verde Scontate , not everyone responsible had been brought to justice. Only a handful of case corrections had been carried out, and many were the result of media, public and legal team pressure.
While Huugjilt's name was cleared, many say the battle is far from won.
On Dec. 15, the day when the Mongolian teenager's innocence was announced, a taskforce was formed by the regional Higher People's Court to investigate those responsible for this miscarriage of justice.
Two days later Uomo Nike Air Max 270 Verde Scontate , the deputy director of the public security bureau of Hohhot, Feng Zhiming, was detained. Feng was not only in charge of the case but also awarded -- and later promoted -- for the speedy handling of Huugjilt's case.
Director of the criminal law committee of the All China Lawyers' Association, Tian Wenchang, lauded the speed at which action was taken following Huugjilt's pardon.
"It shows that China is determined to correct its judicial mistakes," he said Uomo Nike Air Max 270 Flyknit Nere Scontate , adding that he hoped investigations became transparent, so the public could play a part in monitoring the country's legal processes.
IRRETRIEVABLE LOSSES
Huugjilt's case resonated with a lot of people, at home and abroad, with many extending sympathy.
"He was finally found innocent, but we only have one life, and he can not be brought back Nike Air Max 270 Trainers Nere Scontate ," an Internet user nicknamed Laozhangdashu lamented.
Even those who escaped the death sentence have had their lives ruined by miscarriages of justice.
Despite being pardoned, at 62, Zhao Zuohai lives like a vagrant.
Zhao served 11 years behind bars after he was tortured into confessing to murdering a man who was later found alive. He was acquitted in 2010 and received 650,000 yuan (about 104,640 U.S. dollars) in compensation from the state.
Huugjilt's case brought Zhao once again und. Cheap NFL Jerseys Cheap Basketball Hats Cheap NHL Jerseys China Cheap NCAA Jerseys Online Cheap MLB Shirts Online Cheap College Shirts Free Shipping Cheap Soccer Jerseys From China Cheap Replica NHL Jerseys Cheap Football Jerseys Cheap Soccer Jerseys China Free Shipping |
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