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|BERLIN Cheap Nike Air Max 95 Womens , March 13 (Xinhua) -- Joachim Loew extended his contract as Germany coach until 2018, the DFB (German Soccer Association) confirmed in an official statement on Friday.
The World Cup winning coach and the DFB will thus continue their collaboration after the EURO 2016 in France.
"I want to thank the entire DFB board and the league, led by president Wolfgang Niersbach and general secretary Helmut Sandrock for the confidence, support and the offer to renew our contracts ahead of schedule. Our young team is not at the end of its development Cheap Nike Air Max 1 Womens ," Loew said.
Loew joined Germany's "Nationalelf" as Juergen Klinmann's assistant coach to take the helm after Klinsmann resigned in 2006. Since then Loew reaped 80 victories, 21 draws and 17 defeats in 118 official games to become the most successful Germany coach in the history. He led Germany in the last four tournaments at least to the semi-finals. However, he rounded off his career by lifting the World Cup 2014 in Brazil by beating Argentine 1-0 in the final.
Besides Loew also assistant coach Thomas Schneider and goalkeeping coach Andreas Koepke signed contracts until 2018. Germany's team manager Oliver Bierhoff singed a new deal until 2020, as he will be in charge of the setup and commissioning of the DFB academy.
"I am delighted that Joachim Loew will remain our coach until the 2018 World Cup. The DFB benefits a lot from Joachim Loew's expertise Cheap Nike Air Max 97 Womens , determination and appearance. Our common goal is to stay atop the world rankings," DFB president Wolfgang Niersbach said.
HARARE， Feb. 24 (Xinhua) -- The Federation of International Football Associations (FIFA) president Gianni Infantino on Friday met Zimbabwean President Robert Mugabe and pledged support towards development of football in the country.
Infantino was accompanied by his secretary general Fatma Samoura and other top world and African football executives during the closed door meeting with Mugabe at State House that lasted an hour， state-run news agency New Ziana reported.
Infantino and his colleagues were in Zimbabwe for a joint celebration of Zimbabwe Football Association (ZIFA) president Phillip Chiyangwa's birthday as well as his elevation to head the Council of Southern Africa Football Associations (COSAFA).
President Mugabe is a self-declared lover of football.
Infantino told journalists after the meeting that the international governing body of soccer was working on a number of projects to develop soccer in Zimbabwe.
"There are some concrete projects which have already started which we are fully supporting and we would like to thank the government for having embraced these projects such as the project to create 8，000 football clubs around the whole country to develop grassroots football in a structured way from the grassroots up the pyramid to the elite football，" he was quoted as saying.
Infantino said they also discussed the project of a national football academy in Zimbabwe which they hop would revolutionize football in the country.
Zimbabwe finished last with only one point in the group stage of the recent 2017 Africa Cup of Nations tournament in Gabon. Enditem
BEIJING, May 21 (Xinhua) -- There is no shortage of prophets predicting doom for China's housing market, but the history of recent property bubbles gives precious little to support their creed.
There is no doubt that China's home market is losing steam. Growth in home prices slowed to a near one-year low. Investment Cheap Nike Air Max 90 Womens , construction and sales have all slowed.
All this might be seen as adding weight to predictions that China will fall into the same old trap that caught the United States, Japan and Hong Kong. All three have seen property bubbles burst in the past couple of decades.
A closer look at the three cases might make cause those doom mongers to think again.
GDP, is an interesting way of quantifying the respective Chinese and U.S. bubbles. Residential mortgages in China were less than 20 percent of GDP in 2012, while in the U.S. in 2006 Cheap Nike Air Max Womens , mortgages accounted for more than 80 percent of GDP, according to the Federal Reserve Bank of St. Louis.
JAPAN, LAND OF THE RISING HOUSE PRICE
When Japan's real estate industry collapsed in 1991, the result was a financial crisis and decades of recession. Triggered by the appreciation of the yen and excess expansion in the housing sector Cheap Air Max 95 Womens , the case is frequently compared with China.
Economic conditions including housing demand and exchange rate changes in China bear no similarities to Japan 30 years ago. China's real estate market is unlikely to follow the same track.
Japan's demand for new homes had already started to shrink when the bubble burst: The process of urbanization, a major driver of asset prices, was approaching its end.
Japan's urbanization rate had remained at around 75 percent since 1975. China is just gathering steam for its urbanization drive with rate of 53.7 percent in 2013. That rate, lower than most developed nations Cheap Air Max 1 Womens , indicates a genuine need to house 15 million newly arrived urbanites each year. Urbanization in China will continue, for sure, with the rate to reach 60 percent by the end of 2020: strong housing demand.
Japan's real estate bubble could also be attributed to the sharp appreciation of the yen, which had appreciated by over five percent annually since 1985 Cheap Air Max 97 Womens , hitting a record high of 79 yen equal to one U.S. dollar in 1995 from 235 against U.S. dollars ten years before. Hot money poured in and asset prices soared. In six major Japanese cities, the price of commercial land rose by over 300 percent in the 1985-1991 period; false prosperity accelerating the burst of the bubble.
Appreciation of the yuan has remained moderate since 2005, up by around 36 percent at the end of last year. China's prudent monetary policy has kept the risk at the lowest level.
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