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MELBOURNE， Dec. 8 (Xinhua) -- Natural commodities will continue to play a major role in a globalizing world despite recent downward trends in prices and production， a panel of experts told the Boao Forum for Asia in Melbourne on Thursday.
Despite a global awareness surrounding the dangers of fossil fuels， Chinese and Australian heads of mining and energy companies have predicted that natural commodities will continue to play a big part in the future of product manufacturing for some time.
Andrew Forrest， chairman of Fortescue Metals Group， said while prices of base metals and other key commodities have fallen in recent times， so has the cost of operation and refining. He said the prices of commodities were often both cyclical and structural in nature.
""Commodities are actually not so depressed，"" Forrest said. ""They've come down， but so have operating costs. If you're looking at margins to reinvest in the industry， they're at a point where you can make a return - they're at a healthy equilibrium.""
Jason Chang， CEO of EMR Capital， agreed， saying that China's need for energy and materials has slowed over the last few years， but will continue to require huge numbers of commodities to continue their development over decades.
""It's cyclical but also structural，"" Chang told the forum. ""China has been the game-changer and will be for decades. There is going to be a continuing demand for certain types of commodities.
""Clearly the world is (eventually) looking to move into a non-fossil fuel environment， but the infrastructure is not there yet.""
Others argued that even though the world is slowly beginning to embrace ""future tech"" such as electric cars and renewable energies， there will always be a major demand for oil and petroleum in big business， as product manufacturing requires massive amounts of fuel to produce a growing number of goods.
""Oil consumption will continue to slowly rise as petroleum is used so much in product manufacturing (for China's middle class)， not so much for car use，"" Xue Feng from CEFC Natural Gas (Shanghai) Co. Ltd said.
Meanwhile， Jiao Jian， senior vice president of China Minmetals Corporation， said while China's big move into the commodities landscape helped bump prices around the world for some time， the ""leveling-off"" is to be expected now the demand has fallen somewhat.
He said other burgeoning economies， such as India will one day create another， similar ""boom"" when they begin to require massive amounts of infrastructure and therefore commodities such as iron ore， coal and petroleum.
""It is cyclical， but mostly structural， because of supply and demand，"" Jiao told the Boao Forum.
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HARBIN， July 23， 2016 (Xinhua) -- An intelligent car is seen in a race during the NXP Cup National University Students Intelligent Car Race (Northeast Area) at Northeast Forestry University in Harbin， capital of northeast China's Heilongjiang Province， July 23， 2016. A total of 565 people from 44 colleges took part in the race here. (XinhuaWang Kai)
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by Fuad Rajeh
SANAA Sale Women's Mizuno Wave Rider 18 Pink , Feb. 22 (Xinhua) -- After almost one-month house arrest by the Houthi group, Yemen's outgoing President Abd-Rabbu Mansour Hadi confirmed Sunday that he is carrying on with presidential duties after he left the country's capital Sanaa which is under the control of militia.
"Earlier today, President Hadi was in the first meeting with top military officials at the fourth Regional Military Command and the governors of four southern provinces of Aden Men's Mizuno Wave Prophecy 5 Blue Best , Lahj, Abyan, Al-Dhalea Women's Mizuno Wave Prophecy 5 Purple Discount ," a government official in Aden said on condition of anonymity.
Observers said Hadi's statement puts pressures on the Houthi group and the ongoing negotiation of political factions which is still in deadlock, and may facilitate the efforts of the United Nations to find a solution to salvage the political process in Yemen.
FRIGILE LEGITIMACY
Observers said the statement of Hadi meant he has already resumed his duties and that his return is the only guarantee for salvation of the political process and ending the deadlock.
"During the meeting, Hadi confirmed that he is continuing to carry out his duties as the legitimate president and reassured his commitment to the political process-based on the Gulf Cooperation Council initiative as the main reference Women's Mizuno Wave Prophecy 5 Black Cheapest ," the source in Aden said, adding that Hadi also urged all state institutions in Aden and other provinces to comply with the constitutional legitimacy.
Abdul Salam Muhammad, head of ABAAD studies and research center Men's Mizuno Wave Prophecy 5 Black Clearance , said Hadi's return was the right move on the right time after Houthi militants failed to form a government or reach a deal with other factions to address the power vacuum following the resignations of Hadi and the cabinet.
"Hadi is still the consensual leader and his status makes him able to straighten the situation out whatever it happens," Muhammad said.
Anis Mansour, a political analyst and writer based in Aden mizuno wave prophecy 2 sale , said local factions, the public and the international community stand by the legitimacy of Hadi and that's why his return will guarantee there will be neither external isolation on Yemen nor internal complications.
"The situation in Yemen has become worrying due to persistent power vacuum and deadlock coinciding with growing concerns by the West over potential al-Qaida threats. All reasons have combined for Hadi to be the man who can handle Yemen's dilemma," Mansour said.
POST-CONFLICT CRISIS
Hadi's release came a day after the UN envoy to Yemen mizuno wave prophecy 2 womens , Jamal Benomar, said Yemeni factions made a breakthrough on the political crisis and almost a week after a UN resolution called on Houthi militants to release Hadi, cede power and evacuate from public buildings in two weeks and join talks without conditions.
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