That said, the implicatio上海会所al flows from the re

weightings and consequent portfolio rebalancing should

not be viewed in isolation. In particular, the investment index chan上海会所品茶微信

ges will be phased in over many months, which will allow investors to gradually and smoothly re-allocate th

上海会所eir investments, thus mitigating the impact on volatility; and the continuing inflow

s of new AUM across constituent markets, which should help to further smooth capital flows.上海会所品茶微信

The author is a financial sector specialist with the ASEAN+3 Macroeconomic Research Office (AMRO), a regional m上海会所

acroeconomic surveillance organization. This is an excerpt from the organ

ization’s latest report. The views don’t necessarily represent those of AMRO or China Daily.上海会所

Multiple local governments including those of Handan in Hebei province, Jinan in Shand

上海会所品茶微信ong province, and Tianjin have banned the so-called Beijing Bikini-which refers to men who roll up their sh

irts or T-shirts to expose their bellies in public places in summer. Aimed at promoting civilized behavior, the ban is a tim

ely move as the “Beijing Bikini” is considered offensive, especially by women.上海会所

Yet the good intentions of the local governments cons

上海会所titute only the first step toward promoting civilized behavior, par

ticularly in public places. So the authorities should consider all possible options

and devise an appropriate plan to ensure the ban on Beijing Bikini is actually implemented.上海会所品茶微信

In this regard, Handan’s move offers some food for thought, as civic inspectors in Hanshan district gift a T-shirt to men in B上海会所

eijing Bikini to cover themselves up. This method of correcting uncivilized behavior in a c

ivilized way reflects proper social management and sends a goodwill signal to the people in general.

上海会所品茶微信However, it is necessary to make certain facts clear, and adopt the most appropriate m

ethods to deal with the issue. For instance, men in Beijing Bikini cannot be held guilty of committing an of

fense. At most, their behavior may be deemed uncivilized. In sociological terms, the

act of a man wearing nothing above the waist could be defined as minor transgression.