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Blog Entry: MANILA  Cheap Jordan Retro For Sale  , June 11 (Xinhua) -- Hot money swung to a net outflow of 569.27 million U.S. dollars in May from an inflow of 545.08 million U.S. dollars in the same month last year, the Philippine central bank said on Thursday. Gross inflows slid 19 percent to 1.59 billion U.S. dollars from 1.967 billion U.S. dollars, while gross outflows surged 52 percent to 2.159 billion U.S. dollars from 1.422 billion U.S. dollars. "This development may be attributed to profit taking and outward remittance of sales proceeds of investments in PSE ( Philippine Stock Exchange)-listed stocks and Peso GS (government securities) previously kept in interim peso deposits," Bangko Sentral ng Pilipinas (BSP), the Philippine central bank said. The decline in investments during the month may be blamed to the disappointing first quarter corporate earnings, manufacturing data from China, and weaker-than-expected first quarter GDP (gross domestic product) growth of 5.2 percent vis-a-vis 6.6 percent in the previous quarter  Cheap Jordan Shoes For Sale  , the BSP added. In the five months to May, foreign portfolio investments stood at a net inflow of 1.16 billion U.S. dollars, a turnaround from the 1.42-billion-U.S. dollar outflow in the same period last year. The central bank has a 1.4-billion-U.S. dollar net inflow forecast for hot money this year, also a reversal of the 310.21- million-U.S. dollar net outflow last year. Former British Prime Minister Tony Blair speaks at the Sanya Forum held in Sanya, Hainan Province on December 14, 2013. Photo: CFP When heads of state and government end their tenures, some choose to become speakers  Air Jordan Retro Shoes For Sale  , consultants or lobbyists, cashing in notable incomes that are sometimes much more than their previous salaries. And China has become one of their major destinations. In December, former British prime minister Tony Blair traveled across China giving speeches and meeting officials and business tycoons. As part of this tour, he appeared in Beijing along with Andrew Liveris, chairman, president and CEO of the US Dow Chemical Company, and visited Science and Technology Minister Wan Gang  Air Jordan Retro For Sale  , China Petroleum and Chemical Corp chairman Fu Chengyu and China National Petroleum Corporation chairman Zhou Jiping, and discussed cooperation on clean energy. It's unclear whether the Dow visit was entirely a coincidence. A 2012 report by the Financial Times alleged that Dow had paid Blair, or Tony Blair Associates (TBA), his private consulting company, for consultancy work. These were just some of his appearances in China after he left Downing Street in June 2007. And he is not the only official to be involved in paid lectures and activities after their government life. On November 18, former US president Bill Clinton made a keynote speech at the Caijing Annual Conference 2014 in Beijing, calling for more charity engagement of non-governmental organizations and for inequality to be reduced. A day before on November 17  Air Jordan Shoes For Sale  , he appeared at an enterprise leaders summit in Guangzhou. A staff member from the public relations department of Caijing magazine said they paid Clinton for his presence but declined to reveal how much. An ifeng report said payments for Clinton's two speeches totaled at least $1 million. Since leaving the White House in 2001, Clinton has made more than 500 speeches across the world and raked in as much as $106 million in speaking fees, said a May CNN report. Clinton was reportedly paid $750,000 by the telecom giant Ericsson to address its employees in Hong Kong in November 2011. In the same month, he earned $550,000 from a speech given to Huatuo CEO Forum, a business conference in Shanghai. Yu Mingyang  Air Jordan For Sale  , a professor of brand marketing at Shanghai Jiao Tong University, said opening up and globalization has led to some Chinese enterprises favoring foreign speakers, especially retired leaders. "Some big enterprises expect to obtain some useful guiding messages concerning government policy from these retired officials, who are believed to have access to relevant reliable sources," Yu told the Global Times. However, these speeches are not always warmly welcomed. A speech entitled "From Great to Excellent" given by Blair at a VIP banquet on November 6, 2007 in Dongguan  Jordan Retro Shoes For Sale  , South China's Guangdong Province, was widely criticized as being "empty" and "money-sucking" by domestic media. The host, a leading property developer in Dongguan, was found to have paid Blair $300,000 for the three-hour visit to the city, which was equivalent to nearly his annual salary as prime minister. Yu attributes this to organizers' vanity. "I have studied most of the remarks or speeches made by these people and found that they are tactful but rarely have new stuff," Yu said  Jordan Retro For Sale  , noting that the organizers or sponsors care much more about inviting influential celebrities than seeking valuable information. But the appearance of retired foreign leaders in various conferences or negotiations still seems to be on the rise. Former German chancellor Gerhard Schr?der is noted for his promotion of German companies in China. Under his mediation, Herrenknecht, a German manufacturer of tunnel boring machines, managed to get their products used in subway construction in Wuhan and Chengdu, according to China News Weekly. In 2011, Schr?der focused his deal-making efforts in Chongqing. In May of that year, a leading German chemical company announced that the municipality had approved its MDI (Methylene diphenyl diisocyanate) project in the city  Jordan Shoes For Sale  , the largest of its kind in the world, with an investment of 8 billion yuan ($1.32 billion). 'Exaggerated respect' China is rising as a major power and able to afford high appearance fees, said John Ross, a former director of economic and business policy (or a vice mayor) in the city of London. "There has also existed, in the past, an exaggerated respect for things which a.