Sudan explores economic impact of south independen

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Sudan explores economic impact of south independence: official
The Sudanese government has explored ways in dealing with the economic impact of south Sudan's secession,[link widoczny dla zalogowanych], Sudan's permanent representative to the Arab League said here Sunday in preparation for an upcoming Arab economic summit.
"Sudanese President Omar El-Bashir is going to attend the summit and make a speech explaining the current situation of Sudan and its future development," Abdul-Rahman Siral-Khatim,[link widoczny dla zalogowanych], who is also Sudanese ambassador to Egypt,[link widoczny dla zalogowanych], told Xinhua on the sideline of a preparatory meeting for the second Arab Economic,[link widoczny dla zalogowanych], Development and Social Summit slated on Wednesday in Egypt's Red Sea resort Sharm el-Sheikh.The South Sudan ended a weeklong independence referendum on Saturday, a vote believed to split the largest African country.
Abdul-Rahman acknowledged that various evidence after the referendum shows that splitting between the North and South Sudan is ultimately inevitable,[link widoczny dla zalogowanych], stressing it will pose serious impact on Sudan's economic development,[link widoczny dla zalogowanych], given a large part of the natural resources,[link widoczny dla zalogowanych], including oil,[link widoczny dla zalogowanych], are on the South's side.In order to compensate such economic losses, the Sudanese government is conducting some joint economic research with the south,[link widoczny dla zalogowanych], Abdul-Rahman added.
Although the South chooses independence, it will not affect Sudan's role in the Arab economic summit, said Abdul-Rahman, adding the North and South will keep normal exchanges in various fields of economic and social affairs as before.The second Arab economic summit will follow up the implementation of resolutions taken at the first summit in Kuwait in 2009 and crystallizing mechanisms for overall development and economic integration.
Home prices in 70 major Chinese cities rose 0.3 percent month on month in December and 6.4 percent year on year, the National Bureau of Statistics (NBS) said Monday.The annualized growth rate dropped from 7.7 percent in November, making December the eighth consecutive month of slowing growth from a peak of 12.8 percent in April last year, when the government stepped up controls to curb prices.
New home prices climbed 7.6 percent year on year last month and 0.3 percent month on month,[link widoczny dla zalogowanych], while prices for second-hand homes rose 5 percent year on year and 0.5 percent month on month, said a statement on the NBS website.Property sales volume, in terms of floor space,[link widoczny dla zalogowanych], was up 11.5 percent from a year earlier to 218.08 million square meters last month,[link widoczny dla zalogowanych], and the value of sales rose 21.9 percent to more than 1.02 trillion yuan (about 155 billion U.S. dollars).
Property sales for the whole of last year surged 10.1 percent year on year to 1.04 billion square meters,[link widoczny dla zalogowanych], and the sales value was up 18.3 percent to 5.25 trillion yuan,[link widoczny dla zalogowanych], it said.Property investment last year jumped 33.2 percent year on year to 4.83 trillion yuan. In December alone,[link widoczny dla zalogowanych], 557 billion yuan was invested in the real estate sector, up 12 percent year on year.
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