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He said China is ready to synergize development strategies with the African country to implement a five-year cooperation plan that was signed during the visit, Li said.
Tom Orlik, chief Asia Economist at Bloomberg, believes the Fed has put the PBOC in a tricky position. He makes the point that the bank could easily have followed the Fed's lead and raised its own benchmark rates, supporting the yuan and reducing capital outflow, but at the risk of stymieing economic recovery. Standing too firm, on the other hand, would bring the twin risks of a depreciating yuan and renewed capital flight. Instead, the PBOC chose a solution that "makes a lot of sense," leaving benchmark rates on hold and making use of targeted instruments.

Both strategies emerged from a need to provide average Venezuelans with basic goods that became scarce to find amid a protracted "economic war" between politically conservative business sectors and the socialist government.
The priorities of the two countries' legislative bodies are to safeguard and promote bilateral ties, he added.
The annual natural population growth rate will be around six per thousand while China's gender ratio at birth is expected to be reduced to 112 boys for every 100 girls by 2020.
来源:资阳报