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  SEOUL, Sept. 6 (Xinhua) -- South Korea's economic recovery remains weak on the back of still lackluster private consumption and exports, a state-run think tank said Tuesday. The Korea Development Institute (KDI) said in a monthly report that signs of overall economic recovery have yet to be detected amid slumping retail sales as well as faltering exports and facility investment. The report said some economic indicators showed a modest growth that cannot lead to an overall recovery. Industrial production in all industries increased 3.2 percent in July, but it was lower than a 4.8 percent expansion in the previous month. Excluding ICT sector, production in the mining and manufacturing industries reduced 2.4 percent in July, with services industry production growing 2.7 percent in July after rising 5.4 percent in June. Facility investment tumbled 12.3 percent. Retail sales gained 4.3 percent in July after expanding 9.0 percent in the prior month as temporary cut in consumption tax for cars ended at the end of June. Auto sales by the country's carmakers in the domestic market reduced 10.6 percent in August from a year earlier. Exports, which account for about half of the economy, grew 2.6 percent in August from a year ago, marking the first rebound in 20 months, but daily average exports declined 5.3 percent last month, bolstering concerns about the main growth engine of the export-driven economy. The government had unveiled a supplementary budget plan worth 11 trillion won (10 billion U.S. dollars), but it was passed last Friday through the National Assembly more than a month after the proposal. It remains uncertain whether the fiscal stimulus could have a fully positive effect on the economy. Bank of Korea is expected to refrain from cutting its policy rate further as the U.S. Federal Reserve is widely forecast to raise interest rate at least once within this year. The bank lowered its benchmark interest rate by 25 basis points in June to an all-time low of 1.25 percent. HONG KONG Cheap Nike Air Max Tavas Australia , April 21 (Xinhua) -- Cultural collaboration and creative exchange is the way of future for the world movie industry, Duncan H. Kenworthy, a British film and television producer, said in a recent interview with Xinhua. On the trend of movie industry, Kenworthy Cheap Nike Air Max Typha Australia , vice president of the British Academy of Film and Television Arts (BAFTA), said that "the film industry is integrated." Kenworthy came to Hong Kong with some other BAFTA members to promote British movies and seek collaboration with their Chinese counterparts. BAFTA is an independent charity that supports, develops and promotes the art forms of the moving image, including film, television and games. Kenworthy said that BAFTA's annual awards ceremonies are open to films all over the world and meant to inspire practitioners to do good work that benefit worldwide audiences. "I would like our voting members of BAFTA to become more and more familiar with films around the world Cheap Nike Air Max 120 Australia , particularly in China," he said. The producer's connection with China dated back to eight years ago when he was one of the juries in the Shanghai Film Festival and has made many Chinese friends since then. "Now I think about Chinese films a lot ... If we can make more connections like that,it leads to more collaborations," Kenworthy said, "There is a lot we can learn from Chinese movie making ... It is a global industry. Cultural collaboration and creative exchange is the way of future." Kenworthy is good at making romantic comedies. His producer credits include many well-known movies Cheap Nike Air Max 2017 Australia , such as Four Weddings and a Funeral, Lawn Dogs, Notting Hill, Love Actually and The Eagle. "We would like to think that we are not defined by one characteristic," the producer said when asked what is the main feature of British movies. He said he hoped that when thinking of British movies Cheap Nike Air Max 2018 Australia , various types of movie will come to mind. Kenworthy said that the opening ceremony of London Olympic showcased the diversity of British culture, "Pop music is a big thing in England, too. Not just Shakespeare." British movie industry are seen by Kenworthy as competitive, and it is good at producing talents and exporting them to the rest of the world. "Particularly visual effects. We are acknowledged to be the equal of America in terms of visual effects," he said. Kenworthy noted that four British visual effects companies work on almost every big Hollywood movie. Besides Cheap Nike Air Max Zero Australia , scores of movies are adapted from British novels. "On a large scale, what we are very good at is, nearly all of these big franchise films came from British novels, such as the Lord of the Rings, The Chronicles of Narnia Cheap Nike Air Max 96 Australia ,Sherlock Holmes." "I guess the biggest franchise is James Bond ... It's an extraordinary achievement to keep franchise going for 50 years with so many films. Certainly the biggest English success story," the producer added. However, he said he was worried that British films are now " existing in the shadow of the American industry" despite its glorious history. "We depend a lot on the American money to go into our films, which means we have to cater to not only British audience, but also American audience as well. We have a dual perspective Cheap Nike Air Max Axis Australia , not like the case in China which has a huge market," Kenworthy said. The producer expressed the belief that more education will help British and Chinese audiences to learn more about each other's films. It takes time to change from feeling strange to appreciating the differences, he said. NAIROBI, Feb. 25 (Xinhua) -- A Kenyan corporate giant has threatened to withdraw sponsorship from any warring federation in the country as disputes continue rocking a number of local governing bodies notably, football Cheap Nike Air Max Deluxe Australia , athletics and rugby. Speaking in Nairobi on Wednesday, leading domestic integrated communications . Cheap Presto Cheap Air Presto Cheap Nike Presto Cheap Nike Presto All Black Wholesale Jerseys China Cheap Jerseys China Cheap NFL Jerseys Cheap Jerseys From China Cheap Jerseys From China Cheap NFL Jerseys China

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