MOSCOW, Sept. 3 (Xinhua) -- The fact that the G20 summit will be held in China reflects the global recognition of and respect for China's giant economic success, a leading Russian economic expert has said.
""The international community admits that China has become a major economic power, which largely determines the economic development of the whole world,"" Vyacheslav Kholodkov, head of the International Economic Organizations Department at the Russian Institute for Strategic Studies, told Xinhua.
As the second-largest economy of the world, China has a strong impact over global economic processes, the economist said, adding that the performance of China's stock markets and its import of energy resources exert a powerful influence on world markets.
Kholodkov also expressed the belief that the Western media today have exaggerated and distorted the existing problems with the Chinese economy.
""China's economic success is like a thorn on the side of many Western politicians and journalists, because it shows that there are other more successful models besides the Western liberal economic model,"" the expert noted.
In his opinion, the current problems plaguing China were those of structural adjustments and shifts in economic development pattern.
If previously China's development had been driven mainly by exports, it is now shifting from export-oriented development model to focusing on domestic demand, Kholodkov said.
Kholodkov saw ""nothing dramatic"" in such a development, as other countries that experienced similar problems have survived such transitional periods.
China's GDP grew by 6.9 percent last year, a rate to be envied by many countries, according to Kholodkov.
China presents an example for many developing countries, including Russia, which are closely watching China's experiences and following some of its trends in their political practices, he concluded.
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NEW DELHI Pirates Jung-ho Kang Jersey , Aug. 22 (Xinhua) -- India's top court on Tuesdaybanned the practice of Islamic instant divorce locally calledTriple Talaq, after describing it as unconstitutional and""un-Islamic.""
Triple Talaq, forms a practice where a Muslim man was authorizedto divorce his wife by uttering the word ""Talaq"" (divorce)thrice.
The landmark court decision came in response to petitions filledby five Muslim women who had been divorced in this way. Two rightsgroups had also petitioned in the apex court seeking an end of thecustom.
The verdict was delivered by a constitutional bench comprisingof five top judges from different major faiths -- Hinduism Pirates Josh Harrison Jersey ,Christianity, Islam, Sikhism and Zoroastrianism.
The bench delivered a spilt verdict of 3-2 invalidating thepractice as part of the Muslim Personal Law.
""Three of the five judges hearing the case said it isunconstitutional Pirates John Jaso Jersey , while as the other two wanted it banned for sixmonths till the government introduces new legislation,"" a lawyerpresent in the court said. The majority opinion held that TripleTalaq ""is not integral to religious practice and violatesconstitutional morality.""
Women's rights activists and victims have hailed the court'sdecision as a historic win.
There have been cases in which Muslim men in India have divorcedtheir wives by issuing the Triple Talaq by letter, telephone andSMS (text message on mobile phones) Pirates Gregory Polanco Jersey , WhatsApp and Skype.
""They say a marriage is solemnized with the agreement of boththe parties husband and wife but how come husband can divorce thewife arbitrarily without even consulting wife,"" said Atiya Sabri,whose husband has divorced her by sending a letter to her on theoffice address of his brother.
The top court began to hear the petitions challenging TripleTalaq in May after clubbing seven petitions challenging thepractice.
Muslims religious groups in India oppose the court's decisionand view it as the interference in their religion.
The Muslim community leaders said these practices have religiousbasis and were not justiciable.
""The practice is an issue of faith and personal law, and thecourts of law have no role in reviewing it,"" said Mufti IsrarAhmad Pirates Francisco Cervelli Jersey , a Muslim scholar. ""If there is a need to bring an amendmentin it, let the Muslim scholars sit and decide.""
Women activists have long been opposing the practice describingit ""discriminatory"" and ""injustice.""
Over 20 Muslim countries including neighboring Pakistan andBangladesh have abolished Triple Talaq.
Muslim women in India for long have been demanding a ban on thepractice of Triple Talaq.
""Hundreds of women especially from poor backgrounds have fallenprey to this illogical practice and are abandoned by theirhusbands,"" Shazia Hassan Pirates Drew Hutchison Jersey , a women activist said. ""By uttering theword Talaq thrice, many women have been rendered destitute as theirhusbands feel their responsibility to take care of them ceasesafter that.""
Muslims in India with a population of about 155 million are thelargest minority community. Their marriages, customs and the issuesrelated to it are exclusively governed by the Muslim Personal law Pirates Dave Parker Jersey ,commonly referred to as Islamic law or Sharia. Enditem
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SINGAPORE, July 20 (Xinhua) -- Singapore must adjust its economic strategies to create a vibrant economic feature, Singapore's Deputy Prime Minister Teo Chee Hean said Monday.
Teo made the remarks at the Economic Development Board (EDB) Scholarship Award ceremony.
He said Singapore's proximity in the region gives it lots of opportunities Pirates Bill Mazeroski Jersey , Singapore must seize these chances by "moving up the value chain."
He stressed that consumer-oriented firms need to be keen to gain compelling consumer insights to create new products and services meeting growing regional needs.