CAPE TOWN Wholesale Nemanja Bjelica Jersey , Feb. 9 (Xinhua) -- South African President Jacob Zuma said on Tuesday the government and business alike should work to ensure that investment should not be allowed to slow down in difficult times.

If investment slows down, "we may lose our comparative advantage to others who are able to invest and develop faster and better ways of doing things," Zuma said in an interaction with business leaders in Cape Town.

"As business you are the backbone of the economy as you contribute 85 percent to our Gross Domestic Product. As government our job is to create an enabling environment," Zuma said.

In this regard, failure in communication and cooperation between the government and business is not an option, said the president.

The channels of communication must remain open at all times, he said.

The interaction was seen as an attempt by the government to boost investors' confidence in SA amid the possibility of further downgrading of South Africa's credit rating by international rating agencies.

Standard & Poor's has warned that any deviation from the South African fiscal policy could lead to a credit downgrade.

After downgrading by Fitch Wholesale Gorgui Dieng Jersey , Standard & Poor's and Moody's, South Africa's credit rating stands at BBB- and Baa3 (a rating equivalent), respectively. That means the country is at very real risk of becoming a junk country, which has substantial implications for investment.

South Africa has challenges like all developing countries, Zuma said.

"However, the positive attributes of our country far outweigh the challenges. That is why we always overcome in difficult situations," he said.

Along with the slowdown in the world economy Wholesale Tyus Jones Jersey , South Africa's own short-term economic outlook "is not inspiring", he said.

The low economic growth is a cost to business, community and the government, ultimately undermining the ability of the SA people to create better lives and further compromising the ability of the government to deliver on basic services, said Zuma.

"We will thus continue to invest in infrastructure development such as electricity, bulk water, ports and rail infrastructure.

"It is for this reason that co-investment with business should be supported Wholesale Kevin Garnett Jersey ," Zuma said.

He pointed to the positive attributes that make South Africa an investment destination of choice, citing the World Economic Forum's Global Competitiveness Report for 20152016 which ranks South Africa in the top 10, out of 140 countries.

The report finds that South African businesses are amongst the most innovative, ranking 32 in terms of "capacity for innovation" and 33 in company spending on Research and Development.

"Some of these businesses that give us so much pride are run by CEOs in this very room," Zuma said.

But in spite of all these positive attributes, the economic outlook remains difficult, he noted.


DUSSELDORF Wholesale Jeff Teague Jersey , Germany, June 2 (Xinhua) -- Twice winner Zhang Jike suffered his earliest men's singles exit at the World Table Tennis Championships as he became the only Chinese player to crash out of the third round competition here on Friday.

Zhang, who won the championship in 2013 and 2011, was apparently not in form, making too many errors and losing to South Korea's Lee Sangsu 4-1 (9-11, 6-11, 13-11 Wholesale Karl-Anthony Towns Jersey , 6-11, 10-12).

It was his earliest exit since making his singles debut at the World Championships. He was stopped at the semifinals in Suzhou, China, two years ago.

The 29-year-old Zhang, who won the gold medal in the 2012 London Olympics and silver in Rio, had a chance in the fifth game, fighting back from 3-6 down to pull ahead 10-7. But Lee Wholesale Andrew Wiggins Jersey , who looked steady and confident, managed to level the score at 10-10 and went on the seal his first win in their fourth meeting with Zhang.

""If I had won the last game, I might have a chance,"" said a disappointed Zhang.

The other four Chinese players went through to the last 16.

Defending champion Ma Long, who defeated Zhang in the Rio Olympics final, met little trouble in beating Romania's Ovidiu Ionescu 4-1.

World No. 2 Fan Zhendong breezed past Russia's Alexander Shibaev 4-1 and world No. 3 Xu Xin removed the last man standing from outside of Europe and Asia, defeating Hugo Calderano of Brazil 4-1.

Lin Gaoyuan Wholesale Jordan Hill Jersey , the lowliest-ranked among the five Chinese men, edged India's Sharath Kamal Achanta 4-2.

German star Timo Boll beat Jang Woojin of South Korea 4-1 while local hero Dimitrij Ovtcharov struggled into last 16 with a hard-fought 4-3 victory over Romania's Hunor Szocs.

The Chinese women proved that nobody but themselves can beat them. With all the five players reaching the quarterfinals, two of the matches became all-Chinese affairs.

World No. 3 Zhu Yuling beat fifth seed Chen Meng 4-2 and second seed Liu Shiwen defeated qualifier Mu Zi 4-1.

In the other two matches, world No. 1 and defending champion Ding Ning routed Japan's sixth-ranked Ishikawa Kasumi while 17-year-old Miu Hirano trounced world No. 4 Feng Tianwei of Singapore.

Ding will meet Hirano while Zhu take on Liu in the semifinals.

Hirano became Japan's first singles medal winner in 48 years after moving into the semifinals and securing a bronze medal.

The last time Japan won a singles medal was back in 1969 when Toshiko Kowada won gold in Munich, Germany.

""I am so happy to win,"" the Asian champion said. ""I did not know that it has been so long that Japan has won a medal, I am a bit surprised. I am happy to have this record Wholesale Shabazz Muhammad Jersey , and that this will be in the history books.""

Hirano defeated three Chinese players, including world No. 1 Ding, en route to the Asian championship in April.

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