NAIROBI adidas superstar dame udsalg , July 24 (Xinhua) -- The Kenya shilling started the weeklower on Monday, weakening against the U.S. dollar as outflowsoutweighed inflows.
The shilling exchanged against the dollar at an average of103.86, a decline from 103.84 at the end of last week.
The Central Bank on Monday quoted the shilling at 103.87, downfrom 103.84 on Friday, with the currency sliding despite theregulator selling dollars to buttress it.
On the other hand, commercial banks put the value of theshilling against the dollar at between 103.85 and 104.05 adidas superstar udsalg , withtraders noting there was high dollar demand from various sectors,including manufacturing and oil.
Last week, latest data showed that the Central Bank used 88million dollars to support the shilling as forex reserves fell from5.23 months of import cover to 5.17 months of import cover.
The Kenya shilling last week remained stable mainly driven byCentral Bank support, inflows from horticulture exporters, whichoffset the dollar demand by oil importers.
Analysts noted that shilling would remain relatively stable inthe short term, boosted by CBK's support as can be seen by thedecline in the forex reserve levels. On a year to date basis adidas stan smith udsalg , theshilling has depreciated against the dollar by 1.4 percent.Enditem
BEIJING 鈥?The number of Chinese who are in their working years will peak in 2013 and then decline afterward, according to a recent report by Allianz, a leading German financial finding provides further evidence that the Chinese population is getting older on average and that good reasons exist to loosen the country鈥檚 family-planning national policy, which has been in place since the late 1970s, restricts most urban couples to having a single child.鈥滻f China sticks to its current retirement age, the consequences of the one-child policy will be felt on the labor market from 2013 onward adidas springblade udsalg ,鈥?said Michael Heise , chief economist and head of corporate development at 2013, the number of people between the ages of 15 and 59 in China will peak at around 920 million, the Allianz report showed. According to the latest census data, China鈥檚 population stood at 1.34 billion on Nov 1, 2010. From 1990 to 2000 adidas pure boost udsalg , the average rate of annual population increase was 1.1 percent. The following decade saw that rate cut nearly in half, to 0.6 percent.
Meanwhile, because of declining fertility rates and increasing life expectancies, the average age of the population continued to increase. The percentage of people younger than 15 in the total population fell from 22 percent in 2000 to 16.6 percent in 2010, while the percentage of those who are 60 or older rose from 10.4 percent to 13.3 percent, according to the National Bureau of Statistics . The old-age dependency ratio 鈥?calculated by dividing the number of people aged 65 and older by the number of persons who are between the ages of 15 and 64 and are in the working population 鈥?will rise from 11.9 percent to 42 percent by the middle of the century adidas outdoor sko udsalg , the bureau said. 鈥淚f one takes into account that the official retirement age in China is still 50 or 55 for women and 60 years for men, the relation between people having already retired and those of working age is even worse,鈥?Heise e are now 18 persons aged 60 or older for every 100 persons who are between the ages of 15 and 59 in China. According to the latest United Nations鈥?estimates, the ratio Bayern football shirt will increase to somewhere between 40 and 100 by 2030 and to between 64 and 100 by a change will pose many difficulties to the second largest economy in the world. Stories on labor shortages in China were back in newspapers in January. The story this year, though, came with a twist: Companies in central and western China adidas originals tubular udsalg , which usually have an easy time hiring, are also entering the fray for labor.
Rising labor costs, together with labor shortages, are pressing enterprises to move faster to make improvements and become more efficient. Workers, for their part, are bringing home larger salaries adidas originals sko udsalg , making them more willing to spend and causing economic growth to be driven more by while, the older average age of the population has put the country鈥檚 insurance system on shaky footing, as fewer young workers contribute to an insurance pool that is being drawn on more by the according to a joint survey conducted by Taikang Schalke football shirt Life Insurance and Peking University鈥檚 China Center for Insurance and Social Security Research, more than half of Chinese citizens have not purchased commercial life insurance, which is often needed as a protection against certain risks not covered by the public system.鈥漈he swift establishment and improvement of a 鈥榙emography-sustainable鈥?social security system, with a strong capital-funded pillar adidas nmd dame udsalg , are all the more important,鈥?said Heise.
by Christine Lagat
NAIROBI, May 31 (Xinhua) -- Kenyan girl Selvin Kasowa's radiant smile was a welcome respite to the freezing weather that dampened the mood of her fellow pupils at Mcedo-Beijing school in Nairobi's Mathare slums.
The jovial 13-year-old Class Seven pupil has defied great odds to become an illustrious midfielder in the all-girl Beijing Raiders Football Club.
Kasowa's love for football blossomed at a tender age and she can count dozens of mentors and role models who have inspired her to cherish the beautiful game.
"I started playing football in Class Two and have participated in many national tournaments, where Beijing Raiders bagged all the awards," Kasowa told Xinhua.
She participated in a recent friendly tournament on the Kenyan coast, where Beijing Raiders won a trophy after flooring giants from across East Africa.
With uniforms and shoes donated by Chinese companies in Kenya adidas nmd udsalg , Beijing Raiders stood tall in the tournament among their competitors across East Africa.