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China's central bank conducts 100 bln yuan of reverse repos******
BEIJING, Nov. 5 (Xinhua) -- China's central bank Friday injected 100 billion yuan (about 15.6 billion U.S. dollars) into the financial system via reverse repos.。
The interest rate for the seven-day reverse repos was set at 2.2 percent, according to the People's Bank of China.。
The move aims to keep the liquidity in the banking system stable, the central bank said.。
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. Enditem。
Formula 1: Zhou Guanyu confirmed at Alfa Romeo for 2022******
BEIJING, Nov. 16 (Xinhua) -- Chinese driver Zhou Guanyu will race for Alfa Romeo in the 2022 Formula 1 season, the Swiss-based team announced on Tuesday.。
In doing so, Zhou will become the first driver from China to race in the Formula 1 world championship.。
The 22-year-old currently sits second in the 2021 Formula 2 championship and had been widely tipped to land a seat at Alfa for several months, with the Shanghai-born driver said to be bringing considerable commercial backing with him.。
"I dreamed from a young age of climbing as high as I can in a sport that I am passionate about and now the dream has come true," Zhou said in an Alfa Romeo statement.。
"To be the first ever Chinese driver in Formula 1 is a breakthrough for Chinese motorsport history. I know a lot of hopes will be resting on me and, as ever, I will take this as motivation to become better and achieve more."
Zhou will partner 10-time Grand Prix winner Valtteri Bottas, whose move to Alfa from reigning champions Mercedes was announced earlier this year.。
In joining Alfa, Zhou will cut his ties with Alpine's junior driver program, which he had joined in 2019 with the hope of stepping up to F1 with the French outfit.。
The Chinese driver had tested extensively for Alpine in two-year old machinery, and took part in an F1 practise session for the first time at this year's Austrian GP, when he took over Fernando Alonso's car.。
However, with Alonso and fellow incumbent Esteban Ocon set to continue racing for Alpine next year, Zhou was obliged to look elsewhere for a seat on the 2022 grid.。
Zhou and Bottas will form an all-new lineup for Alfa Romeo next year, with the pair replacing Antonio Giovinazzi and the retiring Kimi Raikkonen.。
News of Zhou's move to Alfa was welcomed by many within the F1 paddock, given the Shanghai native's potential to raise the profile of the sport in the lucrative Chinese market.。
"This is fantastic news for F1 and the millions of passionate Chinese fans that now have a home hero to cheer all year long," said F1 CEO Stefano Domenicali.。
"Zhou is an incredible talent and he will be a fantastic addition to the amazing grid we have and he will entertain and keep all our Chinese fans excited in 2022." Enditem。
Abdi wins 40th Rotterdam Marathon in European record******
THE HAGUE, the Netherlands, Oct. 24 (Xinhua) -- Somali-born Belgian athlete Bashir Abdi claimed the victory in the 40th edition of the Rotterdam Marathon in a new European record of two hours three minutes and 35 seconds on Sunday.
Kenyan Stella Barsosio won the women's race in a personal best of 2:22:08. The course record of Ethiopian Tiki Gelana, 2:18:58 in 2012, remained out of reach.
After 30 kilometers, Kenyan Marius Kipserem ran away from his competitors. However, the 2016 and 2019 Rotterdam Marathon winner was unable to maintain his pace and was overtaken by Abdi and Ethiopian Dawit Wolde.
Abdi then took the initiative, left Kipserem and Wolde behind and finished solo on the Coolsingel street. The 32-year-old Belgian broke the European record held by Turkish athlete Kaan Kigen Ozbilen, who ran 2:04:16 in Valencia on December 1, 2019.
Close to Belgium, the Rotterdam Marathon felt like a home race, the Belgian said to Dutch national broadcaster NOS afterwards. "The spectators were awesome," Abdi said. "They shouted my name and I had to do something back, by winning."
Abdi, who captured Olympic bronze eleven weeks ago, also set a new course record, breaking the time of Kipserem of 2:04:11 in the 39th edition of the Rotterdam Marathon two years ago. Last year the event was canceled due to the COVID-19 pandemic. Enditem