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NEW DELHI Salomon Comet Premium 3D GTX Mens , Aug. 23 (Xinhua) -- India has released seven Pakistani prisoners and reiterated its demand for full consular access to its nationals in Pakistan's custody, including convicted spy Kulbhushan Jadhav.
"Seven Pakistani prisoners, who have completed their sentence and whose nationality has been confirmed by Pakistani authorities, were repatriated to Pakistan," the Indian External Affairs Ministry has said in a statement.
"The government of India attaches highest importance to addressing all humanitarian matters, including early and full consular access to Indian nationals in Pakistan's custody www.iccwalls.org , including Jadhav and (Hamid Nehal) Ansari and secure their early release and repatriation," it added.
Jadhav, a former Indian Navy officer, was sentenced to death by a military court in Pakistan earlier this year on charges of spying.
Pakistan claims Jadhav was arrested last year near the Pakistan-Afghanistan border of Chaman in the restive region of Balochistan over illegal entry into the country, while India insists the former naval officer was abducted by Pakistan from Iran.
The International Court of Justice has stayed Jadhav's execution pending a final verdict by it, after India moved the United Nations top court against his death sentence.
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What would you buy if you became very rich? A luxurious mansion, a private jet Salomon Shoes Sale Outlet , perhaps a Rolls-Royce?
They are not priorities for motorcycle veteran Zhao Xuhong.
"Yachts are becoming the most popular 'toy' among the Chinese super-rich. And I believe China's yacht industry is on the eve of a great boom," said Zhao, president of Sundiro Holding Co, an A-market listed company in China. It started up with motorcycle manufacturing and now covers business as varied as coal mining to real estate development.
As the motorcycle market in China started to become saturated, Zhao has been looking for new growth engines for his company.
Last year, he entered the business of yacht manufacturing and sales. His company has become the third in China to acquire considerable stakes in the world's top shipyards.
Sundiro just made a major investment in Italian shipyard Sanlorenzo. Both sides agreed to set up a joint venture Salomon Shoes Sale , building yachts from 36 to 66 feet (about 10 to 20 meters) in coastal Hainan province. The company will invest as much as 25 million euros ($33.99 million) in this deal.
Compared with other Chinese companies' moves into the yacht sector, Sundiro seems very cautious. Chinese conglomerate Dalian Wanda Group was reported last June to have acquired British yachtmaker Sunseeker International for $470 million. In 2012, construction and agriculture machinery giant Shandong Heavy Industry Group bought a controlling stake in debt-laden Italian luxury yachtmaker Ferretti SpA in a deal worth about $500 million.
Based on an agreement, Sundiro will control no less than 21.74 percent of Sanlorenzo after this round of investment - and no more than 49 percent in the future.
"We are not injecting huge capital into Sanlorenzo and we are not targeting a controlling stake because we want to keep the genes of a luxury brand," said Zhao.
"Chinese companies are currently taking stakes in three of the world's top four yacht manufacturers," said Patrick Becker Salomon S-WIND Sale , chief executive officer of Bexuco Investment Consulting, based in Shanghai.
It will certainly have a strong medium- and long-term impact on the structure of China's domestic and overseas yacht markets, Becker said.
"In addition to the change of ownership structure overseas, the Chinese investors are building new yacht manufacturing facilities in China," he said. "The new yards in China will intensify the current Chinese market development and increase awareness for an entirely new group of customers."
Becker said on the other hand, in coming years a certain range of yachts made in China will certainly be exported back to Europe Salomon XT Hornet Sale , North America and other countries based on a more competitive cost structure for these highly labor-intensive products. While brands may retain the same overall market share, their manufacturing origin might not, he added.
There's certainly ample room for growth. Figures cited by State media show there are about 1,300 private yachts in China. This compares with 17 million privately owned recreational boats in the United States, the world's biggest yacht market, according to industry publication International Boating Industry.
Although the economic growth of China Salomon S-LAB SENSE Sale , the world's second-largest economy, is slightly slowing down, rich people here are getting richer.
In 2013, the net assets of the top 100 richest people in China soared 44 percent from a year earlier to $316 billion. And the number of dollar billionaires rose to a record high of 168, making China the country with the second-highest number of billionaires in the world, following the US and ahead of Russia Salomon XT Hawk Sale , according to a recent Forbes magazine report.
Meanwhile, it seems interest in ocean sailing is soaring.
"Right now there is a significant and growing demand among wealthy Asian people and, in particular, the Chinese, to properly enjoy yachting," said Olivier Besson Salomon S-Lab Fellcross 2 Sale , managing director of YPI Asia, an Asian joint venture ru. Alejandro Palacios Mexico Jersey Cheap Sweden Jerseys Cheap Spain Jerseys Cheap Netherland Soccer Jerseys Cheap Italy Soccer Jerseys Cheap Germany Soccer Jerseys Rui Patricio Portugal Jersey Yohan Cabaye France Jersey Tom Heaton England Jersey Tin Jedvaj Croatia Jersey |
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