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CAIRO， Sept. 4 (Xinhua) -- Egyptian economists and businessmen stressed on Sunday that the G20 summit being held in the eastern Chinese city of Hangzhou will help Egypt attract more investments to revive its ailing economy.
During a seminar organized by China Today magazine in Cairo， experts discussed the importance of Egypt's participation in the summit and how the North African country should use it to increase foreign investments.
The recent global economic recession and the possible solutions the summit would offer were also on the seminar agenda.
Experts stressed that the G20 summit， with Egypt's participation as a guest of honor， is an opportunity to further Egyptian-Chinese economic partnership.
Mustafa Ibrahim， member of the Egyptian Businessmen's Association， said it is a big opportunity for Egypt to attract larger investments through such a world event， as it would help recover Egypt's economy which has been going down for years.
The two-day G20 summit opened on Sunday amid multiple risks and challenges， aiming to find a way to bring the world economy back to a healthy growth trajectory.
During his visit to Egypt in January， Chinese President Xi Jinping invited his Egyptian counterpart Abdel-Fattah al-Sisi to attend the G20 summit in Hangzhou as a guest of honor.
Earlier on Sunday， Xi met with Al-Sisi ahead of the opening of the summit.
During the meeting， Xi said China steadfastly supports Egypt's effort to maintain stability and explore its own development path in line with its national conditions.
Xi added the two sides should strengthen cooperation in industrial capacity， finance， people's livelihood， environmental protection and infrastructure， and coordinate and cooperate closely in global and regional affairs.
The Egyptian leader expressed the hope to deepen exchanges with China in the fields of industry， telecommunications， technology， agriculture， hydrology， finance， local administration， and human resources.
Since the 2011 uprising， tourists and foreign investors， two major sources of Egypt's hard currency， have been deterred by the political and social unrest in the most populous Arab country.
Egypt's foreign exchange reserves declined from 36 billion U.S. dollars in early 2011 to 15.54 billion dollars as of the end of July 2016.
by David Musyoka and Njoroge Kaburo
NAIROBI Francisco Lindor Jersey , Aug. 7 (Xinhua) -- Some 19.6 million Kenyans will voteon Tuesday to elect the country's fifth president. IncumbentPresident Uhuru Kenyatta, the son of Kenya's first president JomoKenyatta, is campaigning on the platform of generationalchange.
Uhuru as he is commonly known in Kenya was born on October 26,1961. He attended St Mary's School in Nairobi. From there he wenton to study political science at Amherst College in the U.S.
He is relatively a late comer in the Kenyan politics and wasgroomed into politics by the retired President Daniel arap Moi whoencouraged him to contest Gatundu South Parliamentary seat in 1997on KANU ticket Edwin Encarnacion Jersey , which he lost.
Despite him losing in the parliamentary elections, Moi nominatedhim to Parliament, propelled him to Cabinet, and then anointed himas his successor in a move that sparked a bitter fall out in KANUparty ahead of 2002 elections.
After being anointed by former President Moi Eddie Robinson Jersey , Kenyatta made hisfirst bid for the presidency in 2002, which ended unsuccessful.
His association with the former president did not work in hisfavour politically, until he left the former ruling party KANU tolaunch the The National Alliance party, which sponsored him in theMarch 2013 general elections Danny Salazar Jersey , which he won under the JubileeAlliance, a coalition with the United Republican Party and othersmall parties. Enditem
WASHINGTON, Sept. 16 (Xinhua) -- China, the top buyer of U.S. Treasury securities Corey Kluber Jersey , cut its holding in July for two months running, the latest data from the U.S. Treasury Department showed on Friday.
China shed its treasuries holding by 22 billion U.S. dollars in July, with the total holding down to 1.2188 trillion dollars. It has cut its treasuries holding for two consecutive months.
Japan, the second largest foreign holder of U.S. treasuries Cody Allen Jersey , increased its holding by 6.9 billion dollars to 1.1546 trillion dollars in July.
By the end of July, overall foreign holdings of U.S. Treasury securities dropped to 6.2479 trillion dollars from June's 6.2828 trillion dollars.
By Matthew Rusling
WASHINGTON, March 16 (Xinhua) -- U.S. Republican Party (GOP) front-runner Donald Trump's over-the-top style could help him win the Republican nomination, but the question remains whether his outlandish rhetoric could hurt him in a White House run Carlos Santana Jersey , experts said.
Trump won big in Tuesday's crucial contest, taking all of the state of Florida's 99 delegates in a major upset that knocked Florida Senator Marco Rubio out of the race for good. The New York billionaire also scored victories in Illinois and North Carolina, racking up wins in a total of 18 states this primary season.
At the same time, Democratic front-runner Hillary Clinton blocked her rival Senator Bernie Sanders' advance Bob Feller Jersey , by winning the Democratic primaries in Florida, Ohio, North Carolina and Illinois.
But while Trump's controversial rhetoric -- critics call it downright obnoxious and racist -- have endeared him to supporters who are fed up with Washington's elite, the question remains whether his in-your-face style will hurt him in a general election against Clinton.
"Trump's penchant for sharp rhetoric and obnoxious comments have helped him among the Republican base Austin Jackson Jersey , but it also raises serious issues for the general election about his temperament and suitability for the presidency," Brookings Institution's senior fellow Darrell West told Xinhua.
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