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|BEIJING Mattia De Sciglio Italy Jersey , July 19 (Xinhua) -- When Damir Karcas, who markets drinks from Serbia, came to southeastern China to promote his products a month ago, he knew little about selling on Chinese e-commerce sites, an increasingly popular venue for food and beverage sales.
"I paid little attention to market information in this field before Matteo Darmian Italy Jersey , but it seems necessary to keep yourself tuned in to changing market conditions in China," said Karcas.
As infrastructure development progresses steadily along the China-proposed Belt and Road, a trade and infrastructure network that connects Asian, European and African countries, breaking invisible barriers of information asymmetry stands out as a key task.
Failures haunt many firms that venture overseas due to misunderstandings with local stakeholders and ignorance of the local regulatory and cultural environment.
Information asymmetry has become the top issue facing overseas investment by businesses as many firms are ignorant of possible risks Marco Parolo Italy Jersey , according to Jia Huai, deputy head of the economic information department of the China Council for the Promotion of International Trade.
"It is reality that information and communication gaps create differences among individuals, groups and countries and misunderstandings about specific issues or projects when there is little or incorrect information," said Aman Ullah Khan, Chairman of the Pak-China Business and Investment Promotion Council.
Jia suggested that enterprises at home and abroad establish an information exchange platform to develop trade and investment strategies according to the target country's political Manolo Gabbiadini Italy Jersey , economic, cultural and social conditions.
An open and sound information-sharing mechanism should be based on big data and include databases, business connection platforms, consulting services as well as information collection, publication Luca Antonelli Italy Jersey , screening and other customized services to help investors gain insight and expand their influence in their targeted markets.
Chinese government organizations and media groups are working to bridge the information gap and build an Information Silk Road. The State Information Center is constructing databases of countries involved in the initiative, and Xinhua News Agency rolled out a new line of information products to help global investors form better partnerships under the Belt and Road Initiative.
China's bilateral trade with countries along the Belt and Road Initiative remained robust amid downward economic pressure and reached close to three trillion yuan (490.2 billion yuan) in the first half of 2015, about one-fourth of total trade volume.
"To avoid misconceptions and misunderstandings and to increase trust among stakeholders, partners, and investors Lorenzo Insigne Italy Jersey , there should be fair and accurate flow of information. With the passage of time, economic and financial information will be as important as investment and other projects," Khan added.
MADRID, Sept. 14 (Xinhua) -- Real Madrid on Thursday announced that Spain international midfielder, Francisco Alarcon Suarez Lorenzo De Silvestri Italy Jersey , (Isco) has signed a new contract to keep him at the club until the end of June 2022 thus assuring the future of one of the most talented players in Spain at the club.
Isco joined Real Madrid from Malaga in the summer of 2013 and took his time before winning a regular first team place, indeed it was not until Gareth Bale got injured in the second half of last season that he got a regular chance, but he was vital in Real Madrid's league and Champions League double.
Contract talks dragged on over the summer, but Thursday's new assures Madrid will maintain the services of perhaps their most creative midfield player and a 700 million buyout clause will mean that nobody will be able to poach him from Madrid as Paris Saint Germain did with Neymar from Barcelona.
The news of Isco's new contract comes just 24 hours after the club announced that Brazilian full back Marcelo has also extended his contract until June 2022.
OSLO, Sept. 13 (Xinhua) -- The Scandinavian Airlines (SAS) hascancelled about 100 flights for Thursday as precautions for apossible massive strike of its Norwegian pilots Leonardo Bonucci Italy Jersey , the companyannounced Wednesday.
"In order to avoid that SAS customers become stranded during aneventual strike, SAS takes precautions and cancels about 100flights tomorrow until 2 p.m. Thursday," the airline said in astatement posted on its website.
"We are offering our customers traveling tofromvia Norway tovoluntary change their reservation," it said.
Two Norwegian pilot unions said Monday their members would starta massive strike on Thursday after negotiations between the unionsand SAS -- the flag carrier of Sweden, Norway and Denmark -- failedover the weekend.
It is the domestic traffic that is hardest hit by the company'spreparations as SAS said flights operated with Danish and Swedishpilots and flights operated by its partners will not be affected bythe possible strike.
Norwegian pilots of the airline will meet on Wednesday eveningwith SAS management and the country's work conflict mediator NilsDalseide to try to find a solution to the conflict.
About 550 Norwegian SAS pilots might be on strike if the twosides fail to find a way out Graziano Pelle Italy Jersey , according to newspaperAftenposten.
SAS management has said the Norwegian pilots' demands regardingpay and working terms are "unacceptable."
The airline has signed new three-year contracts with the pilotunions in Sweden and Denmark in recent weeks. Enditem
LISBON, Dec. 1 (Xinhua) -- Following are the Portuguese soccer league standings after Monday's match (tabulated under matches played, won, drawn, lost Giorgio Chiellini Italy Jersey , goals for, goals against, points):
Benfica 11 9 1 1 25 7 28
Vitoria Guimaraes 11 8 2 1 22 9 26
FC Porto 11 7 4 0 24 5 25
Sporting Braga 11 6 3 2 21 8 21
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