BEIJING, Aug. 14 (Xinhua) -- China's meteorological authority on Sunday issued a yellow alert for high temperatures, urging people to reduce outdoor activity.
On Monday, temperatures will exceed 35 degrees Celsius in Anhui, Chongqing, Gansu, Henan, Jiangsu, Shaanxi, Xinjiang and Zhejiang, the National Meteorological Center announced.
Some of those regions will experience temperatures up to 40 degrees, the center said.
China has a four-tier color-coded weather warning system, with red representing the most severe warning, followed by orange, yellow and blue.
The center warned that people -- especially the old, young and infirm -- should avoid outdoor activity around noon, and asked local authorities to take precautions against fires that may come from excessive power loads for air conditioners.
NANDI Off White X Air Max 90 Ice Trainers Blanche Pas Cher , Kenya, Sept. 21 (Xinhua) -- At least 40 laborers were trapped after a four-story building under construction collapsed in Kapsabet town, Nandi country in northwest Kenya on Thursday.
Rescuers are at the scene to rescue those trapped in the rubble, said Pius Masai, National Disaster Management Unit (NDMU) Deputy Director and Communication Officer.
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BEIJING, Sept. 11 (Xinhua) -- China's central bank has scrapped reserve requirements of 20 percent for financial institutions settling foreign exchange forward yuan positions, an official said Monday.
The foreign exchange risk reserve ratio was reduced to zero, according to Sun Guofeng, head of the financial research institute affiliated to the People's Bank of China (PBOC).
Meanwhile Nike Air Presto Essential Pas Cher , the PBOC's substantial supervision on the reserves put aside by foreign financial institutions was also loosened.
The adjustment was made as the current market environment has changed greatly, which means counter-cyclical macro-prudential policies have given way to a neutral monetary policy, Sun said.
Sun said interest rates are primarily determined by economic fundamentals.
While remaining stable against a basket of currencies, the yuan has been on an upward trajectory against the U.S. dollar this year due to the weakening greenback and steady expansion of the Chinese economy.
It is widely believed that the renminbi interest rate has fully reflected China's economic fundamentals and is broadly keeping at a reasonable equilibrium, Sun said.
"While the renminbi interest rate moving toward equilibrium Nike Air Presto Blanche Pas Cher , market expectations tend to be rational, cross-border capital flows and foreign exchange supply and demand become more balanced," said Sun.
A neutral monetary policy could improve liquidity and better serve the real economy, Sun added.
The central parity rate of the Chinese currency, the yuan Nike Air Presto Noir Pas Cher , strengthened for the 11th consecutive working day to a fresh high against the U.S. dollar Monday.
The central parity rate of the yuan strengthened 35 basis points to 6.4997 against the U.S. dollar, breaking the psychologically important 6.5 barrier for the first time since May 2016, according to the China Foreign Exchange Trade System. It is the longest continuous daily rising sequence since 2005.
"The appreciation of the RMB against the U.S. dollar this year has been driven by a combination of U.S. dollar weakness, China's tighter management of capital outflows, reduced risk of large scale U.S.-China trade war Nike Air Presto Safari Pas Cher , and improved economic performance and market sentiment on China," said UBS economist Wang Tao in a research note.
China's economy expanded 6.9 percent in the first half, well above the target of around 6.5 percent for the year.
Its manufacturing activity expanded for the 13th consecutive month in August, providing fresh evidence of a firming economy.
Forex reserves rose for the seventh month in a row in August to 3.092 trillion U.S. dollars, increasing 10.8 billion dollars from a month earlier.
China has decided to pursue a "prudent and neutral" monetary policy in 2017 Nike Air Presto Ultra Flyknit Pas Cher , applying a full range of policy instruments to maintain basic stability in liquidity and hold interest rates at an appropriate level.
WASHINGTON, Jan. 23 (Xinhua) -- U.S. house prices remained on an upward track in November while growth rate has slowed down to the lowest level in almost two years on a seasonally-adjusted basis, the Federal Housing Finance Agency (FHFA) reported Thursday.
U.S. house prices showed signs of slowing in November, with a slight increase of 0.1 percent on a seasonally adjusted basis from the previous month, according to the FHFA's monthly House Price Index Nike Air Presto Ultra Uncaged Pas Cher , lower than the 0.4 percent average estimated by economists.
It was the 22nd consecutive monthly price increase, said FHFA, compared with the same period of 2012, house prices have increased 7.6 percent, but still 8.9 percent below its April 2007 peak and roughly the same as the April 2005 index level.
On an annual basis Nike Air Presto Pas Cher , house prices in all nine census divisions increased, as prices of the Pacific area, including Hawaii, Alaska, Washington Nike Air Max 97 Undefeated Pas Cher , Oregon and California, climbed the most by 15.4 percent.
The FHFA measured changes in real estate values using purchases of properties with mortgages backed by Fannie Mae or Freddie Mac. It did not provide a specific price for houses.
The U.S. National Association of Realtors reported on the same day that the median existing .