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Post27 mar 2018, o 04:13

by Xinhua writer Li Ming


NEW YORK Cheap Men's Nike Air Max 95 Shoes White UK , Sept. 15 (Xinhua) -- China has outperformed other countries in financial technology (fintech) services adoption and what is happening in China indicates the global trend of the emerging industry, U.S. experts say.


"The work in China has been dramatically ahead of anywhere else in the world," said Jim Bruene, founder of Finovate conferences, which showcase cutting-edge banking and financial technology.


With more intelligent, in-context financial services Cheap Men's Nike Air Max Thea Leather Triple Black UK , especially commerce activities built around social media applications, "China is likely five or six years ahead of the United States," Bruene told Xinhua on Thursday on the sidelines of Finovate's fall conference which was held on Sept. 11-14.


The latest report by Ernst & Young showed that China's fintech adoption rate came at 69 percent in an index that measures users' activity in various areas, including money transfer, payments, investments Cheap Men's Nike Air Max TN Shoes Triple Black UK , borrowing and insurance, the highest among 20 major markets globally.


In mobile payments alone, volume in China hit 5.5 trillion U.S. dollars last year, 50 times the size of the 122-billion-U.S.-dollar market in the United States, according to data from market research firms iResearch and Forrester respectively.


Bruene, a veteran of U.S. Bank's research and development department Cheap Men's Nike Air Max 95 Shoes Triple Black UK , noted that what happens in Chinese market is a "leap forward," meaning China did not go through some of the traditional banking systems in the United States and went right towards electronics.


"We are still spending billions of tax payers' money in delivering paper statements and checks ... while the story in China is really big and amazing," he said, referring to the fact that over 500 million people in China make purchases of goods and financial services via Alipay and Wechat Pay, two major third-party mobile payment tools in the country.


Wechat Pay, the e-payment platform built inside the 900-million-user Chinese social media application Wechat Cheap Women's Nike Air Vapormax 2018 Pink UK , is seen as the future of fintech services by many experts.


"Messaging is the next web browser, fintech and all other applications are going to live in a mobile messaging application like Wechat, just like how they lived in web browsers," said Greg Ratner, co-founder and chief technology officer of Troops, a U.S. artificial intelligence startup.


"It is going to be the future and is already happening in China. And I think it will come to the United States in the next five years Cheap Men's Nike Air Vapormax 2018 Black UK ," Ratner told Xinhua.


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TOKYO, May 6 (Xinhua) -- Japan's pacifistic Constitution has played an important role in the country's postwar development and to forcibly revise it will do no good to Japan, said Akira Ishii, a historian and professor emeritus of Tokyo University.


Japan's current Constitution Cheap Men's Nike Vapormax Collegiate Navy Black UK , drawn up under the Allied occupation following World War II, is best known for its Article 9, by which Japan renounces its right to wage war and promises that "land, sea, and air forces, as well as other war potential Cheap Air VaporMax Men's Nike Shoes Pure Platinum White UK , will never be maintained."


Ishii said the Constitution, time-tested in the past 70 years, has been well accepted by the Japanese people.


"Most people in Japan believe that the pacifistic Constitution have played a big role in the fast development of Japan after World War II," he said in a recent interview with Xinhua.


"The war-renouncing Constitution has also been the premise for Japan to be reaccepted into the international community after World War II," he added.


Revising the Constitution has long been a goal of Japanese Prime Minister Shinzo Abe and the ruling Liberal Democratic Party (LDP).


Ishii said that the LDP has been advocating constitutional revision as part of its platform since the party was founded in the 1950s, because it believes that the Constitution was imposed upon Japan by the United States.


As for the Abe administration Cheap Men's Nike Vapormax Pale Grey Ice Blue UK , which has been keener on revising the Constitution than the previous governments, Ishii said that one of the reasons for Abe to push for constitutional revision is to secure support from the conservative forces in Japan.


He also pointed out that the Abe administration has been pushing for de facto Constitutional revision by changing constitutional interpretations. For example, Japan has forcibly enacted the controversial security laws to expand the role of the Self-Defense Forces overseas despite strong public oppositions.


He stressed that Japan's recent move of allowing the Imperial Rescript on Education in school textbooks is also unconstitutional as the prewar rescript preaches sacrificing one's life for the emperor.


According to Ishii, with Abe's ruling LDP and other forces in favor of revising the Constitution having a two-thirds majority in both chambers of the parliament now, revising the Constitution has become more realistic than ever.


However, Abe's attempts still face a lot of challenges Cheap Men's Nike Air Max 97 Carbon Grey White UK , as to revise the Constitution needs the approval of a referendum while a lot of people in Japan oppose such revisions.


A recent poll by Japan's Kyodo News showed that 51 percent of respondents were against any constitutional amendments under the Abe administration, while 45 percent were in favor.


As the nation marked its 70th Constitution Memorial Day on Wednesday, some 55,000 people rallied in Tokyo to protest against Abe's attempts to amend the pacifist. Wholesale Jerseys Wholesale NCAA Jerseys From China Wholesale Nike NBA Jerseys Wholesale College Jerseys Cheap Wholesale NBA Jerseys Cheap Cheap College Jerseys Cheap NBA Jerseys Free Shipping Wholesale Soccer Jerseys Free Shipping Wholesale Cheap Hockey Jerseys China Wholesale Authentic Football Jerseys

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