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TOPIC: market trends and factors drivin

market trends and factors drivin 4 days 18 minutes ago #6171

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CANBERRA, Oct. 13 (Xinhua) -- An update to the 2003 Singapore-Australia Free Trade Agreement (FTA) will be the ""most comprehensive"" free trade deal Australia ever signed, Trade Minister Steve Ciobo said on Thursday.


Singapore's Prime Minister Lee Hsien Loong, who is in Canberra on a three-day visit to strengthen the ties with Australia, is set to sign the updated FTA on Thursday.


The update will include new agreements in fields such as military training, trade, business services, and scientific research, while the showpiece of the agreement is a 1.7-billion-U.S dollar deal which will result in more than 14,000 Singaporean troops taking up residence at training base in north Queensland.


Minister Ciobo told The Guardian that the government was excited to sign the updated agreement with Singapore as it was the next step in fully engaging Australia with ""Asia's emerging middle class,"" which he said is expected to grow ""from 600 million today to 3 billion by 2030.""


""This is the most comprehensive update of an Australian free trade agreement and shows our FTAs are living agreements that can respond to evolving business needs,"" he said.


The amendments will also benefit financial, legal and education industries in both nations.


Thursday's agreement comes after Lee addressed the Australian Parliament, where the Singapore PM praised the strong relationship between the two nations and pledged to maintain a healthy link for future regional prosperity.

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BEIJING Derek Barnett Eagles Jersey , China, Oct. 28 (Xinhua) -- The Chinese top-flight soccer league has sold its five-year (2016-2020) television rights for a record 8 billion yuan (about 1.25 billion U.S. dollars).


Ti'ao Dongli, a Beijing-based company specializing in sports events broadcast, signed the contract with the Chinese Super League (CSL) in a ceremony on Wednesday, after winning the bid last month.


"It's a historical day. It boosts our confidence to build CSL into one of the top leagues in the world Dallas Goedert Eagles Jersey ," said Zhang Jian, vice-chairman of Chinese Football Association (CFA).


The TV rights for the 2015 season fetched only 60 million yuan.


In partnership with the Chinese professional league for 13 years, Ti'ao Dongli has helped in producing public television signals for more than 3,500 matches.


Ti'ao Dongli's deal also included TV rights of matches by the Chinese men's and women's teams in 2015.


"We got all media rights for CSL, not only because we offered the highest price Carson Wentz Eagles Jersey , but also we have long-term corporation with Chinese football and have accumulated experience in this area," said Zhao Jun, manager of the company.


Ti'ao Dongli won the bid unchallenged last month, with its offer twice as much as China Central Television's.


"Our focus for next five years is how to improve the broadcasting quality of CSL. Starting from next season, all of the 240 matches will be produced in line with a new standard. We will work harder to catch up the top leagues in the world Wendell Smallwood Limited Jersey ," said Zhao.


The 2015 season opened in the wake of an ambitious reform plan approved by the Chinese government to raise the standard of Chinese soccer. To prepare for this season, big clubs went on a shopping spree to sign top players, mainly from South America.


According to the statistics released by Germany's Transfer Market when the Chinese winter transfer window closed, the Super League spent a record 108 million euros to buy players and coaches on the 20142015 transfer market. It stands only second to the English Premier League in terms of the money spent on transfers.

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