The Asian Infrastructure Investment Bank (hereinafter referred to as "AIIB") is about to launch the first round of investment and financing projects that have attracted much attention this quarter.

　　With the global economy falling into a state of low growth, infrastructure projects along the China’s "Belt and Road Initiative" have aroused interest from all parties. Institutions such as the European Investment Bank, the European Bank for Reconstruction and Development, the Asian Development Bank and the World Bank, as well as major economies such as Russia, India and the European Union, are stepping up their project docking with the AIIB in the near future, and several heavyweight projects have gradually entered the vision of the global capital market.

　　International institutions have strong willingness to dock.

　　Jin Liqun, president of the AIIB, publicly stated that the first batch of projects will be financed in the second quarter of this year. To this end, many international institutions have shown their willingness to deepen project docking and cooperation with the AIIB.

　　Hoyer, president of the European Investment Bank (EIB), said recently that he will visit Beijing in May to seek the possibility of cooperation with the AIIB. He said that there have been many discussions within the European investment banks about the Asian Investment Bank (AIIB) led by China. If both sides think there are suitable projects, the two major investment banks will not rule out the possibility of cooperation and joint financing.

　　The European Investment Bank (EIB) is a financing institution jointly established by EU member states. Although it is an independent institution, it will cooperate with EU policies to provide financing for small and medium-sized enterprises with sustainable development and innovative characteristics in EU member States, and there are also many investment projects outside the EU, including Turkey and Africa.

　　Foreign media quoted officials of the European Investment Bank as saying that the bank had long been in contact with many banks and personnel of the AIIB in China. Heuer’s visit to Beijing in May was mainly to attend the opening of the local office of the European Investment Bank, and he would also meet with relevant Chinese personnel to discuss possible future cooperation.

　　Officials who did not want to be named revealed that the projects that the European Investment Bank may cooperate with the AIIB in the future include energy and energy conservation industries, especially on issues such as extreme climate and pollution control.

　　Regarding China’s recent investment in Europe and the future development of the AIIB, Hoyer said that the China government indicated that it would participate in the investment recovery plan proposed by European Commission President Juncker, and he had high expectations for it, and he also saw that China was very interested in investing in Europe.

　　Another EU-level banking institution, the European Bank for Reconstruction and Development (EBRD), is also looking forward to cooperating with the AIIB on projects in Central Asia.

　　Suma chakra Bhatti, president of the European Bank for Reconstruction and Development, who is providing economic assistance in Europe and the Middle East, said in an interview with the Nihon Keizai Shimbun that in 2016, she will promote cooperative financing of at least two infrastructure projects in Central Asia with the AIIB.

　　The European Development Bank originally provided support for economic recovery with Central and Eastern Europe as the center. With the transformation of the above-mentioned countries to market economy, the support targets have expanded to neighboring countries with strong infrastructure needs such as the Middle East, North Africa, Greece and Central Asia. Chakra Bhatti said, "In the areas where support is provided, the voice calling for Asian enterprises to invest is getting stronger and stronger", so the bank plans to strengthen cooperation with Asian enterprises and jointly promote investment and financing.

　　Chakra Bhatti said: "The idea of the new Silk Road is closely linked with Kazakhstan and other Central Asian countries that the European Development Bank is committed to supporting, and will jointly promote investment with China enterprises."

　　Chakra Bhatti said that the huge infrastructure demand in Asia and the Middle East could not be met only by the European Development Bank, the Asian Development Bank (ADB) and the World Bank. This shows the attitude of actively cooperating with the AIIB.

　　Another regional development bank, the Asian Development Bank, recently expressed its interest in cooperating with the AIIB and looked forward to bringing complementary and win-win effects to regional development. At the end of last month, Takehiko Nakao, the bank’s president, said when talking about cooperation and financing with the AIIB: "The AIIB hopes to approve an investment project in the second quarter of this year, and is now actively promoting it on the premise of cooperation and financing between ADB and the AIIB." Nakao also said that if the demand for funds in Asia increases in the medium term, "capital must be increased in the future."

　　Nakao pointed out that the AIIB hopes to carry out specific procedures for cooperative financing on several projects. In addition to ADB, the World Bank and the European Bank for Reconstruction and Development are also candidates for cooperation financing of the AIIB.

　　With Asia as the center, ADB has opened 29 offices. Nakao stressed that dialogue with the local government and people will be beneficial to the establishment of the project and environmental protection. The AIIB does not have these regional offices, "so it can complement each other more".

　　Regarding the capital increase of ADB, Nakao mentioned the possibility of increasing the proportion of capital contribution of emerging economies, saying that "it is also possible for countries with the ability to make over-investment". Because the right to speak in international institutions does not reflect the strength of the real economy, emerging economies have been demanding an increase in the proportion of capital contribution. However, Zhongwei did not clearly disclose the specific time and scale of capital increase.

　　Specific projects are emerging.

　　The details of the first batch of projects that have attracted much attention have not yet been announced, but the parties who can’t wait to participate in the cooperation have revealed the blueprint of the cooperation project.

　　According to the Russian satellite news network at the end of March, Alexei Chekunkov, general manager of the Russian Far East Development Fund, told RIA Novosti that the fund would propose to the AIIB to co-finance 19 projects in Russia, with the necessary investment of 9 billion US dollars.

　　Chekunkov said: "These projects need a total investment of about 9 billion US dollars, and there are 19 projects. We will communicate with Jin Liqun, president of the AIIB, on project cooperation." He also said that the fund is prepared to provide 700 million US dollars.

　　He explained that the investment projects are mainly infrastructure, international traffic corridors, port and airport construction in the mining field.

　　The Russian Far East Development Fund is engaged in the investment of infrastructure and new enterprises, and these projects have great social and economic benefits for regional economic development.

　　Russia’s "Independent" analyzed that Moscow expects to obtain construction funds for roads and energy projects in Siberia and the Far East in cooperation with the AIIB.

　　Russian Minister of Economic Development Alexei Ulyukayev once told the media that a number of projects will be considered in the second quarter of 2016, and one of the first financing projects may be a Russian project.

　　Ulyukayev said that the details of the project are inconclusive. "It is an infrastructure project related to road construction and railway construction. The projects we hope to involve are not only us, but also projects of interest to China and the Eurasian Economic Community. " Ulyukayev further clarified.

　　In addition to Russia, India, the main member of the AIIB, also revealed the direction of cooperation.

　　Reuters quoted Indian officials as saying that India is expected to receive the first loan from the AIIB later this year. India is seeking a $500 million loan from the AIIB to develop solar energy projects.

　　Providing funds for clean energy projects can alleviate the concerns of environmental lobby groups, who worry that the lax lending standards of the AIIB may increase the consumption of "dirty" fuels such as coal in developing economies such as India.

　　A senior official said that India is seeking a loan from the AIIB to support Prime Minister Modi’s plan to increase solar installed capacity to 100 GW by 2022. India is the second largest shareholder of the AIIB after China.

　　"The funds from the AIIB may start coming in about six months," an official from the Indian Ministry of New and Renewable Energy told Reuters.

　　The loan has a maturity of more than 15 years, and the interest rate may range from 2% to 2.5%, which is linked to the London Interbank Offered Rate (Libor). The AIIB did not directly comment on India’s loans, but said that "it is expected that the first batch of loans will be decided later this year."

　　Highlight attraction and inclusiveness.

　　As all parties pay close attention to the interaction with the AIIB, many western countries that had doubts about the AIIB began to waver. It can be expected that with the opening of investment projects in Asia, a transparent and fair operation mechanism will be presented to the world, and more cooperation modes will follow, which will promote the inclusive development of the AIIB.

　　It is reported that Fang Huilan, Minister of International Trade of Canada, said recently that the Harper government refused to join the AIIB, which led to Canada’s failure to become a founding member of the AIIB, which was a "missed opportunity". Now it is possible for Canada to join the AIIB.

　　According to The Vancouver Sun, Canada’s China policy is undergoing major adjustments. Since November last year, the Liberal Party government, which has been in power, is carefully improving relations between the two countries, starting negotiations on free trade agreements and helping 100,000 Canadian students to study in China. The dialogue on the free trade agreements between Canada and China has increased.

　　In response to Canadian government officials’ suggestion that Canada may join the Asian Infrastructure Investment Bank, Foreign Ministry spokesperson Lu Kang said at a regular press conference on the 7th that China is happy to see the development of the AIIB, which will benefit more countries.

　　In response to relevant questions, Lu Kang said that the AIIB is an open and inclusive multilateral development institution and will accept new members in accordance with the Agreement on Asian Infrastructure Investment Banks. The Asian Infrastructure Investment Bank Agreement stipulates that countries (or regions) that meet the membership can become members of the AIIB with the consent of the Board of Directors.

　　Lu Kang said that as an initiator of the establishment of the AIIB, China is happy to see the AIIB grow and develop, and play a greater role in global economic recovery, promoting regional infrastructure construction and interconnection, and achieving common development, so that more countries can benefit from it.

　　In the preparatory period of the AIIB, the United States discouraged its allies from participating in the launch of the AIIB. Up to now, the United States has not joined the AIIB. Regarding whether the United States will join in the future, AIIB President Jin Liqun said that some countries make decisions quickly and some are slow.

　　"We have a history of 5,000 to 6,000 years, and we are patient and in no hurry," Jin Liqun said. "Whether to join the decision to see the United States, even if not, does not mean that the AIIB is a conflict point in Sino-US relations, but a new cooperation platform. We still have enough professionals with American passports to work in the AIIB."

　　Jin Liqun revealed that the AIIB is trying to accept some new members, and there will be new news before the end of this year, including some non-sovereign countries and regions. Hong Kong can play an active role in promoting the financing of the AIIB. Jin Liqun made this statement when answering a question from a Hong Kong reporter.

　　According to him, the AIIB has 57 members, and more than 30 countries are currently applying to join.

　　Jin Liqun also publicly stated that there is no need to worry that the AIIB will be biased to help China enterprises win some contracts and help them go out just because China is the shareholder of the founding country of the AIIB. Jin Liqun also smiled and said, "China enterprises are very competitive."

　　"Look at the articles of association of the AIIB. In fact, there is no need to worry about this. We have a unified procurement clause and will establish a fair market. Enterprises from any country can participate in bidding." Jin Liqun said, "The AIIB will choose the enterprise with the best price and the best service."

　　Jin Liqun also said that the AIIB will provide preferential and competitive loan interest rates.

　　During the Boao Forum, Jin Liqun denied the statement that "the AIIB is a political and economic tool of China" in an interview with BBC reporters. Jin Liqun said that according to the structure of the AIIB, China’s voting right in the AIIB is lower than its capital contribution. China has 30% of the votes, but only 26.06% of the voting rights.

　　The structure of the AIIB determines that the voting rights of major shareholders are lower than the capital injection ratio, while the voting rights of minority shareholders are higher than the capital injection ratio.

　　Jin Liqun said that the important resolutions of the AIIB need to be passed by a majority vote, that is, two-thirds of the member countries, three-quarters of the voting rights and 75% of the votes are needed. China’s voting right is only 26.06%.

　　He said that China, as a major shareholder, has made many contributions and great responsibilities, and China strives to cooperate with other shareholders to ensure that the AIIB can operate according to high standards. As for the statement that the AIIB is a diplomatic tool of China, he said that just because the United States is the largest shareholder of the World Bank and Japan is the largest shareholder of the Asian Open Bank, it cannot be said that the above institutions are tools of the United States and Japan.

　　Overseas win-win development can be expected

　　One of the main reasons why the first batch of AIIB projects have attracted worldwide attention is its demonstration effect, and broader cooperation opportunities between China and Asia will be presented in front of all parties. In the face of "new mediocrity" in global economic growth, how to actively link transnational investment and promote the docking of high-quality projects is the key to solve the growth dilemma. At this moment, the AIIB is a useful platform that appears at the right time, creating conditions for all parties to invest in a win-win situation in the future.

　　Most countries in Southeast Asia said that the Belt and Road Initiative and the AIIB are the preferred carriers for Asian countries to strengthen cooperation. Through capacity cooperation in infrastructure, industrial equipment and other fields, Asian countries will win-win cooperation and share the dividend of integrated development.

　　Liu Ying, director of the cooperative research department of Chongyang Financial Research Institute of Renmin University of China, wrote that the AIIB will provide funds for the infrastructure investment gap in Asia. The lag of infrastructure seriously restricts economic development, especially in countries along the "Belt and Road", and there is also a gap in investment funds for infrastructure in developed countries. There is a funding gap of more than $500 billion in infrastructure investment in Asia every year. Especially after the international financial crisis and the European debt crisis, many countries are financially stretched. The opening of the AIIB will effectively increase infrastructure investment in Asia and promote the process of regional interconnection and economic integration.

　　Liu Ying also said that the AIIB is a win-win choice for both developing and developed countries. For developing countries in Asia, the AIIB will inject more funds to strengthen infrastructure construction, which will help strengthen trade and investment and promote sustained, stable and rapid economic development. For developed countries, the AIIB will help expand investment demand and boost their economic recovery. For Asia and its surrounding areas, the AIIB will help accelerate and promote interconnection, continuously enhance the self-development capabilities of countries in Asia and inject lasting impetus into economic development; It is also conducive to expanding global aggregate demand and promoting world economic recovery.

　　Lin Yifu, a former senior vice president and chief economist of the World Bank, also suggested that the G-20 should promote the convenience of international investment and play the role of the AIIB to contribute to solving the problem of slow growth facing the world.

　　Lin Yifu said that developed economies such as the United States, the euro zone and Japan are falling into a "new mediocrity" of growth, and the job market needs to be improved. Because they account for more than 50% of the global economy, their weakness will also expose developing countries to low growth risks. The world needs new ideas to guide economic growth at present. He said that the past growth model of promoting exports through currency depreciation among economies is no longer applicable, and now it is necessary to improve competitiveness and new ideas to guide economic growth. Promoting investment between countries is a beneficial method for both developed and developing countries.

　　"I suggest strengthening the role of organizations such as the Asian Development Bank and the World Bank and promoting the establishment of emerging investment promotion institutions such as the Asian Infrastructure Investment Bank, so as to promote and strengthen infrastructure investment worldwide." Lin Yifu said.

　　Lin Yifu also pointed out that developed countries created a lot of liquidity during the financial crisis, and they can conditionally invest in overseas entity projects, "turning liquidity into practical job creation and economic growth". Using these investments, developing countries can promote local infrastructure construction and improve their overall competitiveness. In addition, investment facilitation can also promote developing countries with foreign exchange reserves to diversify overseas investment, which is also good for industries in developed countries.

　　The reporter of the Economic Information Daily was informed that many departments are intensively planning a package of measures to prevent financial risks in key areas and improve the financial supervision system. The New Deal involves systemically important banks, shadow banks, financial holding companies and other fields. In addition, in view of the new challenges brought by financial technology innovation, we will constantly improve the supervision methods, innovate the supervision methods for financial technology giants, and prevent risks and monopoly in promoting development.

　　Experts said that the current targeted financial risk remediation actions have been normalized, and further filling the shortcomings from the policy and system level will effectively strengthen the authority, effectiveness and stability of financial supervision and provide stronger institutional guarantee for financial risk prevention.

　　Local risks still exist.

　　This year is the end of the tough battle to prevent and resolve major financial risks. For some time, with the advancement of various work, financial risks have changed from divergent to convergent.

　　Liu Fushou, chief lawyer of China Banking and Insurance Regulatory Commission, said recently that China has made substantial progress in the tough battle to prevent and resolve major risks. The blind expansion of financial assets has been fundamentally reversed, the risk of shadow banking has continued to converge, and the scale has dropped by about 20 trillion yuan compared with the historical peak. The disposal of non-performing assets has made great strides. From the beginning of 2017 to the end of September this year, the non-performing assets disposed by the banking industry exceeded the sum of the previous eight years.

　　Internet financial risks have also dropped sharply. The actual number of P2P online lending institutions in China has gradually dropped from about 5,000 in the peak period to zero in mid-November this year. The debt risks of large and medium-sized enterprises have been resolved in an orderly manner, and the momentum of real estate financialization and bubble has been curbed. The hidden debt risk of local governments has been initially controlled.

　　Although the overall situation of financial risks is stable, financial supervision is also facing many new and severe challenges. "Risks within the financial system are still accumulating, and some long-term hidden dangers have not been completely eliminated. Under the impact of the epidemic, new and old problems are intertwined and superimposed. High-risk shadow banks with complex structures are prone to resurgence. The rebound pressure of non-performing assets in the banking industry has suddenly increased. The capital gap of some small and medium-sized financial institutions has been accelerated. The debt level of enterprises, residents and local governments has further risen. Illegal financial institutions still exist, and illegal financial activities have been repeatedly banned. " Guo Shuqing, chairman of China Banking and Insurance Regulatory Commission, recently wrote.

　　Guo Shuqing pointed out that there are many shortcomings in the current financial related system, and the financial rule of law is still far from perfect. Some basic laws need to be formulated and revised in advance, and some rules and regulations need to be implemented and deformed. The existing laws and regulations are not powerful enough, and the cost of violating laws and regulations is too low. Some laws and regulations are not professional enough. The normalized risk disposal mechanism of financial institutions needs to be improved. The trading activities in the informal financial system lack effective constraints.

　　A package of short-board policies is on the way.

　　The reporter was informed that in order to continue to effectively prevent and resolve major financial risks, a package of regulatory short-board policies is brewing.

　　Among them, the evaluation method of systemically important banks will be officially implemented on January 1 next year. In the next step, the central bank will work with China Banking and Insurance Regulatory Commission to formulate additional regulatory requirements for systemically important banks, including additional capital, leverage ratio, large risk exposure, corporate governance, recovery and disposal plan, information disclosure and data submission, etc. It will also establish an early correction mechanism to promote systemically important banks to reduce complexity and systemic risks, establish and improve the inherent capital restraint mechanism, improve the ability of banks to resist risks and absorb losses, improve their self-help ability, and prevent risks that are too big to fail.

　　For financial holding companies, following the Trial Measures for the Supervision and Management of Financial Holding Companies, the regulatory authorities will improve the institutional framework and formulate more specific operational rules for the supervision of financial holding companies, such as consolidated management, capital management and related party transaction management.

　　"This method is mainly aimed at financial holding companies formed by non-financial enterprises holding financial business, and formulating relevant management regulations on systemically important banks for large groups formed by the development of financial enterprises will better complement the regulatory framework of the entire financial group." Yin Zhentao, deputy director of the Law and Finance Research Office of the Institute of Finance of the Chinese Academy of Social Sciences, said.

　　For high-risk shadow banks, the regulatory authorities will improve the regulatory system to ensure full coverage of supervision, leaving no regulatory gaps and blind spots; Unify the regulatory standards of similar institutions and products, and reduce the arbitrage of idle funds; Improve the risk classification, risk weight, capital provision and other standards of shadow banking.

　　Yin Zhentao said that the risk of shadow banking is mainly the complexity of business, and the risk of financial control companies is mainly large-scale and highly related. Strengthening supervision in these areas is an important measure to fill the shortcomings of financial supervision and prevent systemic financial risks.

　　Innovating supervision means to adapt to new challenges

　　It is worth noting that while financial supervision is speeding up to fill the shortcomings of the system, the means of supervision will continue to innovate and keep pace with the times to adapt to the new problems and challenges brought about by financial innovation.

　　Wen Bin, chief researcher of Minsheng Bank, said that as China’s economy enters the stage of high-quality development, the financing structure will also change, especially the rapid development of technology and finance, which will bring more challenges to supervision. According to market changes, the regulatory authorities need to improve the regulatory means in time to prevent unstable factors brought about by excessive innovation.

　　Lu Shuchun, secretary-general of China Internet Finance Association, said that in order to conform to the development trend of financial and technological integration, the application of financial technological innovation supervision tools should be further deepened, and more financial technological innovations in inclusive finance, green finance and science and technology finance should be included in the test scope. At the same time, we should vigorously develop regulatory technology, speed up the improvement of financial technology innovation risk monitoring procedures, and comprehensively use big data, artificial intelligence and other technologies to continuously enhance digital regulatory technology means, so that financial management departments can always understand, penetrate, control and manage financial technology innovation well.

　　In view of the supervision of financial technology innovation, new supervision means are accelerating exploration. At present, the "supervision sandbox" pilot project of financial technology has covered nine pilot areas, including Beijing, Shanghai, Chongqing, Shenzhen, xiong’an new area, Hangzhou, Suzhou, Guangzhou and Chengdu, aiming at creating a supervision tool for financial technology innovation that conforms to China’s national conditions and is in line with international standards, and standardizing and guiding the healthy and orderly development of financial technology.

　　Guo Shuqing also said that for financial technology giants, on the basis of grasping the principle of inclusiveness and prudence, special innovative regulatory measures will be adopted to prevent risks and monopoly in promoting development. He also pointed out that the use of regulatory technology will be strengthened and legislation on comprehensive statistics and information standardization in the financial industry will be accelerated. Pay close attention to the construction of a big data platform for supervision and make every effort to promote the informationization and intelligent transformation of supervision work.

China men’s 4X100 relay team replaced the bronze medal in Tokyo Olympic Games.

For China track and field, the most exciting news these days is the Olympic bronze medal that belongs to China sprint.

On May 20th, after the International Olympic Committee officially announced that the China track and field men’s 4X100 relay team had won the bronze medal in the Tokyo Olympic Games, Su Bingtian, the leader of China sprint, also made his first speech through video:"This medal is not just for the four of us, it should belong to all the predecessors who have worked hard and sweated for the sprint project in the country. This medal belongs to everyone."

In European football, with the final match of major leagues, the players’ future has become a focus topic, among which the most influential drama is undoubtedly "Where has Mbappé gone?".

On May 21st, according to a number of European media reports, Mbappé seems to have begun to "seriously consider" renewing his contract with Paris. Paris has offered Mbappé a three-season contract renewal to persuade him to stay.

While Mbappé was still hesitating, Paris Saint-Germain official website announced that Di Maria would leave the team at the end of the season and end her seven-year career in Paris. According to media reports, his next home will probably be Juventus.

Su Bingtian.

Su Bingtian delivered "acceptance speech": Olympic medals belong to national sprinters.

On May 20th, just after the International Olympic Committee officially announced that China’s men’s 4X100 relay team won the bronze medal in Tokyo Olympic Games, Su Bingtian officially delivered his "acceptance speech" through video for the first time.

As the leader of the relay team in China, "Asian Flying Man" Su Bingtian said that the medals belong to all the predecessors who have worked hard for the China sprint, and the medals belong to everyone.

"I saw the news this morning. The China men’s 4X100 (relay team) won the bronze medal in the Tokyo Olympics. This news is very surprising to me. " Su Bingtian said.

At last year’s Tokyo Olympic Games, the men’s 4X100 relay team of China, composed of Su Bingtian, Xie Zhenye, Wu Zhiqiang and Tang Xingqiang, finished fourth in the final, while the Italian team, the British team and the Canadian team were in the top three respectively. After the game, Uja, the first baseball player of the British team, was found to have violated the anti-doping regulations. On February 18th this year, the court of arbitration for sports (CAS) announced that the silver medal won by the British team would be deprived. This also means that, as usual, China will win the bronze medal. Since then, when Su Bingtian and his teammates can win the Olympic bronze medal, and how to get the medal has become a topic of concern for sports fans.

"It’s officially announced today that our China men’s relay team has finally won the Olympic medal … which means a lot to us." Su Bingtian said, "This medal is not just for the four of us. It should belong to all the predecessors who have worked hard and sweated for the sprint project in the country. This medal belongs to everyone."

According to the regulations of the International Olympic Committee on the reissue of Olympic medals, the athletes of the China team can choose one of six ways as a ceremony to reissue medals. These six ways include: awarding medals at the next Olympic Games, the Youth Olympic Games, the ioc headquarters or the Olympic Museum, relevant activities of the National Olympic Committee (region), relevant activities of international individual sports organizations or through private ceremonies.

Although how to distribute the Olympic bronze medals won by the China relay team has not yet been determined, Su Bingtian expressed his belief that China sprinters will have the opportunity to stand on the Olympic podium again in the future.

"The first step has been taken today. I believe that the young people in China and more athletes in the future will do everything to stand on the podium of the Olympic Games." Su Bingtian said, "I also see the possibility of more China athletes now, and cheer for our China sprint!"

Mbappé went to keep the mystery.

Mbappé is still considering the offer of Greater Paris, and Real Madrid may have a good time.

During this period, the football drama about "Where did Mbappé go?" earned enough attention on social networks. Just when everyone thinks that Real Madrid is determined to win, it seems that Greater Paris is going to stage a "turnaround".

On May 21st, according to many European media reports, Greater Paris made a "desperate" negotiation condition, hoping to keep Mbappé. According to "European Sports", Barley provided Mbappé with a signing bonus of 300 million euros and an annual salary of 100 million euros after tax. In addition, he will retain most of his portrait rights, which he can use when he thinks fit. According to Racing.com, Mbappé has been offered a three-season contract extension to persuade him to stay.

Under such circumstances, Real Madrid, which had confidence in Mbappé’s signing, seemed to feel more and more uncertain.

Earlier, according to Marca, in the latest negotiation, the Mbappé team asked Real Madrid for a signing fee of 200 million euros, which was exactly equal to the last transfer offer made by Real Madrid to Paris last year. After negotiations, the two sides finally agreed that the signing fee was 130 million euros. With regard to the right to portrait, florentino made an unprecedented major concession, and Mbappé’s share was much higher than Real Madrid’s 60% right to portrait for Cristiano Ronaldo.

The Mbappé team finally agreed to all the conditions offered by Real Madrid. But the "hidden danger" that worries Real Madrid is that Mbappé held talks with Paris Saint-Germain Club this week after reaching an oral agreement with Real Madrid. When Grand Paris showed its "last sincerity", Mbappé seemed to waver again.

Mbappé’s mother admitted in an interview with the media that they have reached an agreement with Real Madrid and Paris, and now they are only waiting for Mbappé to make a decision. "The quotations of Paris and Real Madrid are almost the same. At Real Madrid, my son can also control the right to portrait. Now we are waiting for him to make a decision. "

Mbappé’s mother also said: "There will be no new negotiations on the future of Mbappé, and the talks have ended. We have now reached an agreement with Real Madrid and Paris. Now that the discussion is over, it is time for Mbappé to make a choice. "

According to Team, Mbappé will announce his future on Sunday. Mbappé will make a decision in the next few hours, after the game against Metz in Prince Park on Saturday night.

Wimbledon integral cancelled.

ATP and WTA officials declare heavy penalty: cancel Wimbledon points

The International Men’s Professional Tennis Association (ATP) and the Women’s Tennis Association (WTA) have decided to cancel Wimbledon’s world ranking points due to the announcement that Russian and Belarusian athletes are prohibited from participating in the Wimbledon tennis tournament.

In the early morning of May 21st, ATP and WTA successively announced the penalty decision for Wimbledon. ATP announced that it would cancel the ranking points of Wimbledon in 2022. WTA also announced that this year’s Wimbledon will not award WTA ranking points.

Prior to this, the All England Lawn Tennis Club issued a statement, announcing that Russian and Belarusian players were banned from participating in this year’s Wimbledon, and called on other British events to unite and implement this decision together. In the face of external doubts, the head of the All England Lawn Tennis Club said that there is no other feasible choice and alternative except to ban Russian and Belarusian athletes from participating in the competition.

After Wimbledon made such a decision, the men who were banned from Wimbledon included the world’s No.2 Medvedev, No.8 Lublev, No.26 Kachanov, No.30 Karatsev and No.44 Ivanshka.. As for women, the Belarusian world famous Sabalenka, the 18th Zarenka, the 15th Russian world famous Pavlyuchenkova, the 26th Kasakina, and the 29th Kudmitova were also unable to attend.

Nowadays, ATP and WTA have given heavy penalties successively. The British "Guardian" said that this means that Wimbledon has become an exhibition game in essence, and athletes will not be able to get ranking points in this year’s competition. Players who performed well last year will not be able to defend their points and their rankings will be seriously disrupted.

Regarding the penalty decision, the ATP statement stated that athletes of any nationality should participate in the competition without discrimination according to their own abilities. The Wimbledon tennis tournament in Britain prohibited Russian and Belarusian athletes from participating in the competition, which undermined this principle and the integrity of the ATP ranking system.

Di Maria left Greater Paris.

Di Maria will end her seven-year career in Paris or sign for Juventus.

Before Mbappé made a final decision, it was certain that Di Maria would leave the team when her contract expired this summer.

On May 21st, the official of Greater Paris announced that Di Maria would leave the team at the end of the season and end her seven-year career in Paris. The game against Metz became Di Maria’s farewell battle.

In the summer of 2015, Di Maria joined Paris from Manchester United with a transfer fee of 63 million euros. So far, Di Maria has played 294 games for Paris, scoring 91 goals and assisting 111 times. These 111 assists made Di Maria the king of assists in the history of Paris.

In this season, Di Maria made 30 appearances, and he scored 4 goals and assisted 8 times. During her seven years in Paris, Di Maria won 18 championship trophies with the team, including 5 in Ligue 1, 5 in the French Cup, 4 in the French League Cup and 4 in the French Super Cup.

On social networks, Di Maria has begun to bid farewell to Greater Paris in advance. On her social account, Di Maria sent a family photo of the whole team after training. Soon after, Di Maria also sent a photo of herself holding the team’s signature jersey.

"Di Maria has undoubtedly left a deep mark on the team’s history, and fans will always remember that he is a strong fighter who will always fight for the Paris jersey. I invited Paris fans to watch the last round of Ligue 1 in order to pay tribute to him. " Nasser, the president of Grand Paris, appealed to the fans, and the Grand Paris fan organization was also prepared to pay tribute to the Argentines.

After coming to Europe, Di Maria played in Portuguese Super League, La Liga, Premier League and French League. As for his future, according to media reports, the 34-year-old Argentine will go to Serie A next. Romano, a well-known European journalist, pointed out that Juve had been talking with Di Maria for several weeks. Many Italian media believe that Di Maria will be exempted from signing Juventus, and he will get a "1+1" contract. Considering Di Maria’s age, this may be his last contract in Europe.

Manchester United cancels annual awards dinner.

Manchester United canceled the annual awards dinner because of the team’s poor record

On May 20th, according to British media reports, due to poor performance this season, Manchester United cancelled the annual internal awards dinner.

Traditionally, Manchester United will hold an award ceremony at the end of the season to commend players who have performed well throughout the season, but due to the epidemic, no award ceremony has been held in the past two years. Now the epidemic situation in Europe has stabilized, but because of the poor performance of the team, Manchester United will not hold the award ceremony again.

Manchester United not only failed to win a championship this season, but also failed to win the Champions League next season, and the team’s points also created the lowest in the history of the Premier League. According to the Mirror, some Manchester United players told the club that it would be embarrassing if they attended the award ceremony, so the club accepted this suggestion and cancelled the award dinner.

However, the selection of the best player of the season will still be held, and the fans will vote online. The club will announce the final result on the official website and award the trophy to the elected player.

It is worth mentioning that Ma Diqi will leave the team at the end of this season. In an interview with the official website, he said that despite the poor performance this season, the players have done their best: "I just want to tell the fans that the players have done their best, whether in the game or in training. I believe that Manchester United will return to the peak, but it will take some time. Please continue to support the team and everyone should unite. "