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ALGIERS, Aug. 27 (Xinhua) -- Serbian coach of the Algerian soccer team, Milovan Rajevac, on Saturday claimed that he need time and support in order to incarnate his strategy and lead the North African team to success.

""I need time to put forward my style of play in the Algerian squad,"" Rajevac told a press conference in Algiers. ""I also need the help and support of all actors in Algerian football arena,"" he added.

The Serbian coach, who took over his new job as head coach of the Greens of Algeria, further urged the media, soccer officials and fans to be patient and wait for six months to see a new look national soccer team.

Rajevac was appointed in his new job later June while replacing Frenchman Christian Gourcuff who resigned on April 3. The first test of the Serbian coach will be on Sept.4 as Algeria is due to face Lesotho in Blida, 50 km south-west of Algiers, part of the last round of CAN-2017 qualifiers.

This game will be without stake for the Algerians who have already booked their ticket in African Cup due in Gabon on January 2017.

The new coach's contract signed with the Algerian Football Federation (FAF) stipulates to reach the semi-final in the CAN 2017, and qualify to the World Cup in Russia 2018. Algeria was drawn in Group B in World Cup 2018 with Cameroon, Nigeria and Zambia.?
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Newlyweds attend a traditional Chinese wedding in the Fengjing ancient town in Shanghai Men's Air Max Plus TN Ultra Black White UK , east China, Sept. 22, 2017. A total of 21 newlyweds took part in a group wedding here. (XinhuaFang Zhe)





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Famed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in Europe (AFP PhotoPhilippe Lopez) The Cheung Kong center (C) in Hong Kong UK Air Max TN Men's Black Blue Sale , January 29, 2015 (AFP PhotoPhilippe Lopez) A week ago Hong Kong billionaire Li Ka-shing announced plans to buy UK phone giant O2 for up to $15.4 billion (AFP PhotoJohn D Mchugh)
Hong Kong - Famed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in Europe.

The move is seen as a quest for stability for the tycoon's vast empire.

Li's holdings are embodied in a striking 63-storey glass skyscraper in the heart of Hong Kong and his business decisions have the potential to affect property and utility prices for the city's seven million residents.

But his focus is now switching to European and other foreign markets.

The announcement just over a week ago that he plans to buy UK phone giant O2 for up to $15.4 billion follows prolonged asset offloading in mainland China and Hong Kong -- and a major reshuffle of his business empire announced last month.

The 86-year-old Men's Nike Air Max TN Black White UK Sale , dubbed "Superman", dismissed talk of a withdrawal from the region as "a big joke" last year.

But analysts say that his moves are a reaction to the China slowdown.

"They (Li's companies) are worried about the slowing down of economic growth in China," financial analyst Castor Pang told AFP.

"The concern about economic growth seems to be the major reason for them to make such dramatic moves during recent months."

- Pastures new -

Li has offloaded major property investments on the mainland -- where growth slowed to a 24-year low last year -- after investing heavily there in the 1990s.

Shortly before the O2 move Cheap Men's Air Max TN Shoes Black Red Sale , Li's firm Cheung Kong announced it would buy Britain's Eversholt Rail Group, which owns 28 percent of the nation's passenger trains, for $3.8 billion.

Li is playing the market with Europe a bargain hunter's playground Air Max 97 Shockproof Coral Light Pink Women's Sale UK , says Pang, head of research at Core Pacific-Yamaichi International.

"He is quite good at timing for acquiring business and assets at the lowest price, this could also be why he chooses the European market at this moment."

Independent financial analyst Francis Lun adds that the O2 move is a clear sign Li is steering away from Hong Kong and the region.

The major restructuring of his businesses in January also saw assets from multiple sectors combined under two new listed companies to be incorporated in the Cayman Islands.

"He is transferring registration to Cayman Islands Men's Air Max 97 KPU TPU Black Gold UK , shaving off a lot of his Hong Kong and China assets and investing in what you call politically safe areas," Lun said.

The revamp of his empire is also largely seen as paving the way for Li to hand over the reins after he retires.

Shares in Cheung Kong and Li's Hutchison Whampoa -- two of Hong Kong's largest companies -- went up more than 10 percent after the reshuffle announcement and have remained stable following the O2 move.

- Business maverick -

Asia's richest man -- worth $31.4 billion according to the Bloomberg Billionaires Index -- Li was born in 1928 in the Chinese city of Chaozhou.

He and his family fled to neighbouring Hong Kong during the Sino-Japanese War -- Li recalled bombs being dropped on his hometown when he was in primary school, according to an interview with Forbes Magazine in 2012.

Li first started his own business in 1950 manufacturing plastic flowers. He called the company Cheung Kong after China's Yangtze River and set it up with just US$8 Men's Nike Air Max 97 Gold Yellow Black ,700, said Forbes.

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Mar 29 Mai - 04:15 (2018)
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Mar 29 Mai - 04:15 (2018)
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