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South Sudan's Olympic basketball team receives heroes' welcome at home

China

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China

South Sudan's Olympic basketball team receives heroes' welcome at home

2024-08-10 10:45 Last Updated At:11:07

South Sudan's men's basketball team have received a heroes' welcome in the country's capital Juba after returning from France.

The team made history by beating Puerto Rico 90 points to 79 in their first-ever Olympics, and put up a spirited performance against the tournament favorites, the United States.

With the defeat to the U.S. and Serbia, they ultimately bowed out in the group stage. But that didn't stop the Bright Stars becoming a source of joy for the world's youngest nation.

Many residents in Juba have decided to be off from work, and have come in large numbers to welcome the team that has returned from the Paris Olympics.

As players get out of the plane in Juba, thousands of supporters are awaiting their Olympic basketball stars.

"I came at six o'clock in the morning. I am very happy, I have been waiting, and now the team has arrived. I want them to stay for a week or two with us before they return to their respective clubs," said James Magok, a resident.

"The basketballers are back in town and we are so proud of them. Though they did not make it to the last stage, we are so grateful that they managed to represent us at the global stage and put our name on the map," said Arek Abraham, South Sudan's candidate for the 71st Miss World beauty pageant.

From Juba Airport, the team drove across the city then headed to the basketball stadium.

South Sudan's government says the impact of the basketball team goes beyond sport.

"Let me tell you this, you have turned the trend of what is happening in our country, now the young people, the youth that I am responsible for, you have changed them and you have united them," said Rebecca Nyandeng, Vice President of South Sudan.

South Sudan basketball players say what keeps them going is the unwavering support they get from fans at home.

The next competition for the Bright Stars is Afro Basketball in November where the team will meet Mozambique, Mali and the Democratic Republic of Congo.

South Sudan's Olympic basketball team receives heroes' welcome at home

South Sudan's Olympic basketball team receives heroes' welcome at home

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Beijing consumer gold market remains hot despite rising prices

2024-09-17 04:15 Last Updated At:07:27

Beijing's consumer gold market has been running hot during the Mid-Autumn Festival holiday, despite recent rises in the gold price on international markets.

Last week, the main contract for gold futures on the New York Mercantile Exchange (COMEX) has risen to over 2,600 U.S. dollars per ounce.

At a gold shop in Beijing's Xicheng District, the price of pure gold jewelry went up to about 737 yuan (about 104 U.S. dollars) per gram, but many shoppers are still looking to buy gold jewelry especially during the Mid-Autumn Festival holiday and the end-of-summer wedding season.

"It is now more than 700 yuan (about 98.7 U.S. dollars) per gram, but when we were here about two months ago, it was only just above 600 yuan (about 84.6 U.S. dollars) per gram," said a customer.

"I'm getting married, so I came to have a look. Even if the price goes up, we still have to buy it," said another customer.

"I had nothing to do during the holidays, so I came here to take a look [at the gold jewelry]. I just bought a lucky charm bead and now I want to take a look at the bracelet," said another customer.

At the shop's gold investment counter, many consumers have been making inquiries about gold bars, which has long been considered a safe investment, although experts recommend caution in the rising gold market.

At the shop's gold investment counter, many consumers have been inquiring about gold bars, which have long been considered a safe investment. However, experts recommend caution in the rising gold market.

"Many investors will buy gold bars for medium- to long-term investment based on their expected price as part of their overall family asset allocation. We suggest that investors be more rational in their decisions," said Li Yang, a senior gold investment analyst.

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

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