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#1 2018-07-09 06:49:22

Xiaoyeshi
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Registered: 2017-12-11
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WUHAN Men's Nike Air Presto UK Black Blue Shoes , Sept. 22 (Xinhua) -- Police caught six tomb raiders who learned fengshui and used it to locate and loot tombs in the central Chinese provinces of Hubei and Hunan, authorities said Friday.


The "master tomb raider", identified only as Ye, was able to look at a site and determine the best place to dig by applying fengshui, a traditional Chinese study of geomantic omens used to find auspicious locations for buildings and cemeteries.


Ye, 44, was once sentenced to 10 years in prison for theft and robbery. He learned knowledge of fengshui in prison Nike Air Presto QS Mens Shoes Blue White UK , where one of the inmates told him raiding tombs was profitable.


After he was released from prison he purchased tools online, such as a Luoyang shovel, and organized a tomb-raiding group.


The police investigation started in May when they received information that people had raided a Chu State tomb from China's Warring States Period (475 to 221 B.C.).


The police then targeted a six-man raiding group. By September, the suspects were caught by police.


According to Wuhan police, they seized and retrieved six cultural relics, including a bronze mirror with a diameter of 50 centimeters, the largest mirror ever unearthed in the city.


The police said that the tomb raiders had looted three tombs in Hubei Womens Mens Nike Air Presto Qs Shoes White UK , but did not disclose how many tombs they had raided in neighboring Hunan, with the investigation ongoing.


Chinese tomb raiders can make good money, as wealthy people in China used to be buried with treasure such as gold, silverware and jade in the hope of enjoying an affluent afterlife.


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U.S. Federal Reserve Chair Janet Yellen attends a news conference in Washington D.C., capital of the United States Womens Mens Nike Air Presto Pine Green Shoes Black Green UK , on Sept. 20, 2017. The U.S. Federal Reserve on Wednesday kept interest rate unchanged, but announced that it will start to unwind its 4.5-trillion-U.S. dollar balance sheet from October, a further step to end the loose monetary policy. (XinhuaYin Bogu)


BEIJING, Sept. 23 (Xinhua) -- As the United States takes a further step to end its loose monetary policy with a portfolio draw-down plan, for China the pressure from draining the dollar liquidity of its currency is set to be largely limited.


Many economists believe that given China's sound economic fundamentals and abundant foreign reserves, there is no need to worry about exchange rate volatility or massive capital outflows.


The U.S. Federal Reserve announced this week that it would keep interest rates unchanged Men's Nike Air Max 97 Shoes Blue White UK , but, as anticipated, also start to slowly unwind its huge 4.5-trillion-U.S. dollar balance sheet from October.


""Balance sheet reduction, like a rate hike, is a necessity for the Fed to normalize its monetary policy,"" said Wang Qing, analyst with Golden Credit Rating International.


The Fed's balance sheet has ballooned to around 4.5 trillion U.S. dollars following three rounds of quantitative easing to withstand the impact of the 2008 global financial crisis.


However Nike Air Max 97 KPU Black Red UK , the unwinding decision, which will directly withdraw monetary base from the market and tighten dollar liquidity, did not cause much of a market stir as it was largely expected.


Following the Fed's announcement, U.S. stocks wavered in a narrow range Wednesday, with the Dow Jones Industrial Average adding 41.79 points (0.19 percent) to 22,412.59. The S&P 500 inched up 1.59 points (0.06 percent) to 2,508.24.


The U.S. dollar index Nike Air Max 97 2017 Retro Black UK , a measure of the dollar against a basket of other major currencies, increased 0.83 percent to 92.558 in late trading on Wednesday, but retreated to around 92 by Friday.


Meanwhile, the central parity rate of the Chinese yuan weakened 197 basis points to 6.5867 against the U.S. dollar Thursday. On Friday, it strengthened 6 basis points back to 6.5861 against the greenback.


Zhao Qingming, chief economist with China Financial Futures Exchange, said the swift rise of the U.S. dollar was largely related to its previous falls.


After skidding to a two-year low earlier this month Men's Nike Air Max 97 Shoes All Black UK , the dollar index started to pick up strength in the past two weeks as market worries over geopolitical tensions on the Korean Peninsula and Hurricane Irma eased.


Although the balance sheet reduction announcement was a strong support for the greenback rebound and seemed to put slight pressure on the yuan, in view of the global market the reaction of the yuan was moderate, Zhao said.


Since the beginning of this year, the yuan has appreciated by around 6 percent in cumulative terms against the dollar due to the weakening greenback and steady expansion of the Chinese economy.


China's GDP grew faster than expected in the first half of the year, up 6.9 percent from a year earlier. The growth accelerated from 6.7 percent in 2016, above the government's 2017 full-year target of around 6.5 percent.


With the Chinese economy continuing to stabilize, and the market expectation on investment returns of yuan assets improving Men's Nike Air Max 97 OG GS UK Blue Grey Shoes , the exchange rate of the yuan is likely to maintain a steady trend for the rest of the year, Wang Qing said.


The dollar index, subject to the political uncertainties of the Trump presidency, might continue its downward trend. Therefore, the Fed balance sheet reduction will not bring any major external pressure to the yuan, according to Wang.


The Fed has raised interest rates twice this year, in March and June. Previously Nike Air Max 97 2017 Retro Metallic Gold UK , the market ex.

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2018-07-09 06:49:22

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