WINDHOEK Bottes Ecco Soldes , Aug. 2 (Xinhua) -- Standard Bank Namibia, one of the southern African country's oldest banking institutions, says its relationship with Chinese companies and business people has grown from strength to strength.
The relationship started in earnest in Feb. 2015 when the Industrial and Commercial Bank of China Limited (ICBC) acquired shares in Standard Bank's London-based Global Markets business.
The acquisition allowed both ICBC and Standard Bank to create a platform to serve the growing demands of Chinese clients for global commodities, fixed income, currency and equities products while continuing as a distribution platform for African risk.
This union also allows for the Chinese community to transact in renminbi www.eccochaussuressoldes.fr , which has vast benefits such as realising significant savings when U.S. dollar conversion costs and liquidity constraints are removed; promotes price transparency and reduces the cost of international trade; to name a few.
The renminbi cash exchange solution at Standard Bank Namibia's Windhoek branch was officially launched on Jan. 21, 2016.
Following its inclusion in the International Monetary Fund's Special Drawing Right basket of currencies, China's renminbi currency has became widely accepted for global trade.
Standard Bank Namibia's chief executive officer Vetumbuavi Mungunda said in a statement Wednesday that he was proud that Standard Bank is at the centre of Chinese business, investments and projects in Namibia.
According to Mungunda, this was because Standard Bank Namibia understands and responds to the needs and requirements of Chinese people in the country.
Mungunda wishes that the great symbiotic relationship should grow not only in Namibia but across the continent as a whole for a long time to come.
The Chinese business community in Namibia Ecco Chaussures Soldes Pas Cher , he added, has contributed vastly to the socio-economic development of the country, making them a worthwhile ally.
"Cognizant of this fact, Standard Bank has worked closely with various Chinese captains of industry, and recently held a gala dinner in their honour Ecco Chaussures Soldes , drawing them closer into the fold," Mungunda said.
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UNITED NATIONS Homme ECCO Cool 2.0 Chaussures Noir Soldes , March 15 (Xinhua) -- China on Saturday made a three-point proposal on seeking a political solution to the ongoing Ukraine crisis, stressing that the key to resolving the crisis is to settle differences through dialogue and negotiations.
"China holds an objective and fair position on the Ukraine issue," Liu Jieyi, China's permanent representative to the United Nations, told the Security Council after it failed to adopt a draft resolution on Ukraine.
Russia Homme ECCO Intrinsic 3 Cuir Noir Soldes , one of the five permanent Security Council members, voted against the draft resolution drawn up by the United States and backed by Western countries. China, also a permanent Security Council member, abstained.
Liu said China will continue to mediate and promote dialogue so as to play a constructive role in bringing about a political solution to the crisis in Ukraine.
"To that end, we would like to propose three recommendations Homme ECCO Intrinsic Sneakers Noir Soldes ," he said. "First, to establish as soon as possible an international coordinating mechanism consisting of all the parities concerned to explore means to a political settlement of the Ukrainian crisis."
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"Thirdly, international financial institutions should start to explore how to help maintain economic and financial stability in Ukraine Homme ECCO Intrinsic TR Run Noir Soldes ," he added.
The Chinese ambassador said his country has been calling for constructive efforts and good offices of the international community to de-escalate the situation in Ukraine, and has noticed in this respect some new developments and new proposals.
"The vote on the draft resolution by the Security Council at this juncture will only result in confrontation and further complicate the situation, which is not in conformity with the common interest of both the people of Ukraine and those of the international community," said Liu.
"Based on the above we can only abstain from voting on this draft resolution," he said.
The envoy also reiterated that China always respects the sovereignty and territorial integrity of all states Homme ECCO Kallum Premium Sneakers Blanche Soldes , which is the long-standing fundamental foreign policy of China.
At the same time, Liu said "external interference" is also an important reason leading to violent clashes on the streets of Ukraine and resulting in crisis in the country.
He stressed that the key to resolving the Ukraine crisis is to act within the framework of law and order, seeking an early solution of the differences through dialogue and negotiation with due respects to the legitimate rights and interests of all the people in various communities and areas.