Many of the locals alongside the line also have benefited from it, since traveling has becoming more convenient and more job opportunities have been created.
Many rivers in southern Xinjiang that originate in the mountains flood each year when snow in the highlands begins to melt in spring. But the waterways are left dry in other seasons due to low precipitation and high evaporation rates. That means people are unable to use the water when they need to, such as during irrigation seasons. Also, fighting the floods every year has become a burden for locals, Chen said.
Matt Kennedy, IPO market strategist at Renaissance Capital, said "there is a backlog of Chinese IPOs there pending approvals, there are several restrictions in place. And the dynamics in China seems to favor investors rather than the issuers."
Many of these MNCs are seeking to tap huge business opportunities spawned by the initiative. Some of them have already teamed up, or are teaming up, with Chinese partners in countries and regions covered by the B&R Initiative, angling for a slice of the gigantic trade and infra-structure cake.
Many economist believe it's relatively easy for China to pick a US product, such as Boeing planes, cars and soybeans, to impose significant cost on the US but difficult for the US to pick a Chinese product to impose cost on China. "That's why if we do escalate, it will be the US side who finally backs down," Lardy said.
Many residents are optimistic, including Gao, from Hetai Garden.
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Martyn Roper, charge? d’affaires of the British embassy in Beijing, addressed the opening ceremony and introduced the urgent situation for wildlife.
Many middle school and high school students enroll for such language courses, which are designed to prepare them for higher studies overseas in future. "Parent s want their children to get a taste of what it's like to live abroad," said Chiu.
Masked rioters went on a destructive rampage across Kowloon in Hong Kong on Sunday, zeroing in on police officers and stores with mainland links with wanton criminality and a range of weapons.
Martin Steinbach, head of IPO listing services for the consulting concern EY (Ernst & Young) in Germany, expects a cautious start with activity increasing in the second half.