lar pins his hopes on private donations,

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SINGAPORE Dorian O'Daniel Chiefs Jersey , Nov. 19 (Xinhua) -- Singapore shares closed 0.63 percent higher on Wednesday, as investors waited for the release of the minutes of Federal Reserve's last policy meeting later in the day.

Investors will watch the minutes for any clues on when the Fed will start hiking rates. Meanwhile, German analyst and investor sentiment rose unexpectedly in November for the first time in almost a year, raising hopes of an improvement in Europe's biggest economy after it dodged recession in the third quarter. The upbeat data also helped European shares to close at a seven-week high while Wall Street shares inched up overnight.

Voyage Research said, "We expect the Straits Times Index to range bound between 3,300 points and 3 Derrick Nnadi Chiefs Jersey ,340 points, and may attempt to break 3,350 points on this week."

The benchmark Straits Times Index rose 20.83 points to 3,334.56. Trading volume was 1.32 billion shares worth 1.1 billion Singapore dollars. Advancers outnumbered decliners 237 to 170, while 533 stocks closed unchanged.

Among top actives, Keppel Infrastructure Trust and CitySpring Infrastructure Trust jumped 4.3 percent and 5.8 percent to 1.09 Singapore dollars and 54.5 Singapore cents respectively. Both announced plans to combine their businesses to create a single entity with assets worth over 4 billion Singapore dollars.

As part of the plan Steven Nelson Jersey , CitySpring, which is 37.4 percent owned by state investment firm Temasek Holdings, will issue units to shareholders of Keppel Infrastructure Trust and create a combined single entity with a market capitalization of more than 1.9 billion Singapore dollars.

Tiong Seng Holdings Limited gained 2.9 percent to 17.5 Singapore cents. It secured a 132.4-million-Singapore dollar contract to construct a high-tech industrial facility. The project comprises the erection of two blocks of 8 and 11-story high-tech industrial buildings and will be located in southern part of Singapore.

Construction for the industrial facility is set to commence this month. This also brings Tiong Seng's order book to 1.50 billion Singapore dollars, with contracts to be completed by year 2020.

Among the top gainers, UOB rose 0.6 percent to 23.71 Singapore dollars, whereas Jardine Matheson became one of the top losers by falling 0.1 percent to 60.71 U.S. dollars. (1 U.S. dollar equals 1. 30 Singapore dollars)

BEIJING Armani Watts Jersey , Dec. 12 (Xinhua) -- The Dajun think thank established by Zhong Dajun, 62, a well known economic commentator, is hamstrung by its perennial struggle for funds.

The prototype of China's independent think tanks, Dajun has concentrated on independent research in macroeconomics, institutional reform and social development for over 13 years. Today Dorian O'Daniel Jersey , it struggles to survive in a market dominated by government-backed counterparts, said Zhong.

Without regular funding, Zhong is tired of making ends meet by consultancy work and the reputation of the think tank is diminishing.

Zhong's plight is not unusual among private think tanks, but President Xi Jinping's recent comments have soothed some of the industry's battered confidence.

In late October, Xi called for think tanks to start pulling their weight, improve policymaking and spread soft power. The President is discontented by their inability to adapt to the country's rapid development and lack of global impact. He honed in on "coordinated development" of government and independent think tanks Derrick Nnadi Jersey , as the latter remain marginalized.

A blue book on Chinese think tanks published in February 2013 showed 95 percent tied to the government, and many were nothing more than preachers of government policy.

"We're expecting practical supportive measures," said Li Jian, a retired military officer who founded the Knowfar Institute for Strategic and Defense Studies in 2009.

Knowfar managed to feed itself in 2012 by translating public data on foreign militaries for the domestic army and military enterprises, but needs extra money to publish the research findings.

"These academic works can't be bestsellers, so we need subsidies Chris Conley Chiefs Jersey , the privilege of government-backed institutes, " Li said.

Wang Huiyao, author of "Global Think Tanks", believes grassroots think tanks are an indispensable supplement to government bodies.

"A booming marketplace of ideas requires both types of think tanks, in the same way that the market economy can't exclude private enterprises," Wang wrote.

It is not easy for government think tanks to be impartial if the government funds them and determines salaries and promotion. Independent ones are free of administrative intervention in their research. But their very independence is a double-edged sword Mitch Morse Chiefs Jersey , leading to chronic financial difficulties and neglect by policymakers.

Non-governmental think tanks in some other countries enjoy diverse donations from foundations, individuals and companies. They do paid services for the government and companies. In China, private cash seldom reaches think tanks.

Just to survive, some have stooped to lobbying for interest groups, such as real estate developers, according to Yu Jin Chris Jones Chiefs Jersey , editor-in-chief of the quarterly magazine China Think Tank.

In addition, they are often shunned by policy advisory programs since officials often prefer theoretical support to opposing argument, Wang said.

The organizations are in dire need of more freedom, as well as support from the government and the public, and full access to pubic data, he says.

Peng Peng with the Guangzhou Academy of Social Sciences proposed that private think tanks should be able to bid for government programs and be offered tax breaks.

Despite the heavy financial burden Kareem Hunt Chiefs Jersey , Zhong Dajun has decided to scrap his business consultancy, the major source of his funds, saying he is "too old" to be distracted by business matters.

The maverick scholar pins his hopes on private donations, but has no idea when,

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