TEHRAN Ethan Horvath World Cup Jersey , June 22 (Xinhua) -- Iranian press praised their soccer team performance in Saturday's World Cup match against Argentina and complained the "unjust" referee who ignored a penalty appeal of Iran.
Iranian press believed Serbian referee Milorad Mazic did not give Iran a penalty which if awarded could have been changed the encounter's result. Iran defended Argentina effectively during the entire game except for a deadly strike from Lionel Messi at injury-time.
Iran local newspaper Jam-e-Jam headlined "Argentina + the referee 1, Iran 0," while covering the news, and published a photo of Iranian forward Ashkan Dejagah blocked down in the box by Argentine defender Pablo Zabaleta.
The Quds paper said "Argentina won because of the referee", while Iran daily lamented "Iranian stars: victims of injustice."
Though defeated Eric Lichaj World Cup Jersey , Iran still satisfied Tehran soccer fans who went on streets and celebrated the great show which the 7 Sobh daily called "the most beautiful display of Iran's football history."
by Xinhua writers Gao Pan, Jin Minmin
WASHINGTON, Aug. 16 (Xinhua) -- China's strong growth momentum is expected to help the country achieve safer and more sustainable growth over the medium and long term, a senior official at the International Monetary Fund (IMF) has said.
"The strong momentum gives room to accelerate reforms," James Daniel Edgar Castillo World Cup Jersey , assistant director of the Asia and Pacific Department of the IMF and its mission chief for China, told Xinhua in a recent interview, adding: "Now it is time to do so."
China's economy expanded 6.9 percent in the first half of the year, well above the government's yearly target of 6.5 percent, according to data released from the National Bureau of Statistics last month.
Daniel DeAndre Yedlin World Cup Jersey , who led a mission to China in June to conduct the annual Article IV review of the Chinese economy, said the IMF increased its outlook for China's growth rate and debt levels over the next three years, and underscored the importance of monitoring China's debt risks.
"These risks must be addressed if strong growth is to be maintained at a safe manner. That requires reforms to make growth less reliant on credit, less reliant on debt, less reliant on investment Dax McCarty World Cup Jersey ," he said.
Daniel said a lot of China's reforms are underway in the right direction, noting that "overcapacity has been reduced and the framework for local governments to borrow has been improved."
He also commended China's increased focus on reducing financial stability risks and welcomed China's move to set up a new financial stability and development committee under the State Council so as to strengthen coordination on financial supervision.
Daniel said he believes that China's authorities understand the importance of taking advantage of strong growth to pursue necessary reforms, as "they intensified focus on financial stability risk since the third quarter of last year" when the economy grew stronger.
"I think once the risks of a sharp slow-down has retreated, then they indeed were more confident about addressing the risks," he said. "That's exactly the right attitude."
While controlling risks in the financial sector is important David Bingham World Cup Jersey , China also needs to move to other parts of the economy to deal with debt problems and there is more work to be done, said the IMF official.
In terms of corporate debt risks, Daniel noticed that "the pace of growth of corporate debt has slowed down recently," which reflected overcapacity reduction, the government's restructuring initiatives and the cyclical recovery of growth of trade and producer prices.
He suggested China continue deleveraging in the private sector and rely more on market forces to allocate credit to companies that use it more productively.
Daniel also offered several recommendations for boosting China's consumption Darlington Nagbe World Cup Jersey , including making the tax system more progressive, increasing government spending on health, pension and education, and continuing reforms of the hukou, or household registration system.
While the U.S. Federal Reserve is expected to begin unwinding its balance sheet in September Danny Williams World Cup Jersey , with a further rate hike in December, Daniel did not expect the Fed's tightening monetary policy to have a major impact on China's economy, noting that pressure from capital outflows has eased this year.
However, "the significantly fast and unexpected hike cycle in the extreme environment" could lead to large losses of foreign exchange reserves and eventually a potential disruptive exchange rate depreciation, he warned.
"But we think that risk is relatively small DaMarcus Beasley World Cup Jersey , we all think the current levels of reserves are ample," he said, reiterating that moving toward more flexibility in the exchange rate regime will help China avoid such risks.
China's foreign exchange reserves rose for a sixth consecutive month in July, reaching 3.081 trillion U.S. dollars, according to the People's Bank of China.
Daniel said the IMF did discuss with Chinese authorities the risk to international trade Clint Dempsey World Cup Jersey , including potential trade conflict between the United States and China. He encouraged the two sides to seek global trade solutions that will benefit both countries.
Video: Abe's misadventure in constitution revision
NE China county introduces environment friendly planting system
400 dead, 600 missing in Sierra Leone mudslide
Continuous waterfall causes flood in large part of E and NE India
Qiandaohu Lake in China's Zhejiang under stricter protection
Weekly choices of Xinhua photo (Aug. 5 - Aug. 11)
Highlights of multinational drill in Georgia
People mark national Fitness Day around China
MADRID, Aug. 16 (Xinhua) -- Real Madrid kick off their La Liga campaign away to Deportivo la Coruna on Sunday knowing that they are favorites to retain the title they won last season.
Zinedine Zidane's side had a slow . Cheap Jerseys From China Cheap Jerseys Free Shipping Cheap Jerseys China Wholesale Cheap Authentic Jerseys Cheap Jerseys Cheap Jerseys China Cheap Jerseys Free Shipping Cheap New Jerseys Cheap Kids Jerseys Wholesale NBA Jerseys
