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BEIJING cheap stephen curry shoes , Aug. 21 (Xinhua) -- China has finished pumping capital into two of its three policy banks, a major part of measures to reform these non-commercial lenders and underpin the struggling economy.


The China Development Bank (CDB) received 48 billion U.S. dollars and 45 billion dollars was channeled to the Export-Import Bank of China (EXIM) from the country's huge foreign exchange reserve this week.


After the injection, CDB's capital adequacy ratio (CAR), a measure of an institution's ability to cushion loan risks, increased to 11.41 percent cheap under armour shoes , from 9.06 percent at the end of 2014. EXIM did not disclose any previous figures, but its ratio is now 12.77 percent.


An anonymous source with the central bank told Xinhua that the government was working to ""gradually"" pump funds into the Agricultural Development Bank of China (ADBC), but these funds will not be from the forex reserve.


""The capital injections mark a key step in reforming the cash-strapped policy lenders, who can not take deposits like commercial banks do,"" said Wang Jun Men's UA Thrill 3 Footwear All Black , a senior researcher with the China Center for International Economic Exchanges.


""The move will improve the financial condition of policy banks and make them more resistant to risks,"" said Wang.


These lenders were set up in 1994 to provide financial support to policy-driven businesses.


CDB is mainly responsible for raising funds for large infrastructure projects; EXIM for promoting foreign trade and investment; ADBC for agriculture and the rural economy.


With thin margins, the government-backed policy banks are not profit driven. Limited and usually unstable capital sources led to their weak capital positions prior to this week's injections.


To make things worse, lending aspirations made some of their investment very risky as the government did hold them to the CAR requirement.


The State Council issued a guideline for banks in April that overhauled corporate governance, improved liquidity Men's UA Charged 24/7 Low Suede Shoes Black White , and controlled loan risks. The guideline said the three policy banks should be regulated with CAR requirement, without giving further details. The market, however, widely expected the ratio to be no less than 10.5 percent, as with commercial banks.


""The CAR requirement can help ward off risks and prevent policy banks from expanding blindly. It is very necessary Men's UA Scorpio Running Shoes Black Gold ,"" said Ding Zhijie, an assistant to the president of the University of International Business and Economics.


Policy banks have come under the spot light as China pushes ahead with large-scale urban development and strives to export some of its industrial capacity.


Stronger policy banks could benefit the broader economy, according to rating agency Fitch in a research note.


""The capital injections will reinforce the banks' policy roles and strategic importance to the state, as well as strengthen their ability to provide funding to areas not favored by commercial banks,"" it said.


The agency expects CDB and EXIM to become more involved in the Belt and Road Initiative UA Scorpio Black White Men's Running Shoes , with CDB also providing support to housing projects.


Should EXIM approve funds to foreign projects with Chinese participation, this could increase demand for domestic industries that may have been struggling with overcapacity and faltering exports.


The direct dollar injection is also likely to help EXIM, who has up to now relied on bond issuances for foreign currency funding.


""We expect the policy banks to take on a greater role in supporting the domestic economy, especially in areas where the risk-reward profile may not be attractive to commercial banks,"" said Fitch.

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UNITED NATIONS Men's UA Scorpio 2 Shoes Black Gold , Sept. 2 (Xinhua) -- The UN Security Council on Wednesday condemned in the strongest terms the attack by the extremist group Al Shabaab against an AMISOM base in Janaale District, Somalia, which resulted in heavy deaths and injuries.


The members of the Security Council expressed their deep sympathy and condolences to the families of the victims, as well as to the people and government of the Republic of Uganda. They also wished the injured a speedy recovery, according to a statement of the Council issued to the press.


Reports say that Al Shabaab militants assaulted the African Union Mission to Somalia (AMISOM) Men's UA Scorpio 2 Running Shoes All Black , killing at least 19 soldiers and reportedly taking others hostage.


The militants used a car loaded with explosives to trigger the attack and to facilitate their forced entry into the camp, which sent AMISOM soldiers and the militants into a gun-battle, according to information given at the AMISOM website.


The Council underlined their gratitude to AMISOM and its troop-contributing countries for their bravery and sacrifices in the fight against Al Shabaab.


It also reaffirmed that terrorism in all its forms and manifestations constitutes one of the most serious threats to international peace and security, and that any acts of terrorism are criminal and unjustifiable regardless of their motivation, wherever and whenever and by whomsoever committed.


The Council underlined the need to bring perpetrators Men's UA Curry 6 3M Shoes Black White , organizers, financiers and sponsors of these reprehensible acts of terrorism to justice and urged all States, in accordance with their obligations under international law, and relevant Security Council resolutions, to cooperate actively with the Somali authorities in this regard.


The council stressed that neither this Men's Curry 5 Low Shoes Red , nor any other act of terrorism, would weaken its commitment to supporting the peace and reconciliation process in Somalia.

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