Venezuela signed an agreement with Chinese companies Citic Group and Industrial & Commercial Bank of China Ltd. to negotiate a 4 billion US dollars loan to finance oil and construction projects, President Hugo Chavez said in Caracas.
Brazil’s powerful Federation of Industries of Sao Paulo State (Fiesp) is set to create a Chinese Studies Centre in partnership with the federal government, the president of the federation said in Sao Paulo.
Premier Wen Jiabao said on Monday China would pursue political reforms only in a “gradual” manner and within the umbrella of one-party rule, even as he ruled out the likelihood of the recent West Asian uprisings having any impact on China.
Brazil imports too many knick-knacks from China complained Brazilian president Dilma Rousseff, who next month makes an official state visit to the Asian giant, according to reports in the Sao Paulo press
China has set its sights on joining the ranks of the world's leading defence-industrial powers, amid growing concerns in India over Beijing's recent assertiveness and its change in policy towards New Delhi's row with Pakistan over Kashmir, according to a top UK think tank.
Chinese trade figures released Thursday show a surprising deficit for February, as export growth slowed and import numbers remained strong. Chinese statistics released Thursday show that the country registered a trade deficit in February of 7.3 billion US dollars.
A senior Chinese leader says his country will not become a multi-party democracy or adopt other Western-style political reforms. Wu Bangguo - officially number two in the leadership structure - warned that China could face civil disorder if it abandoned its current system.
China’s scramble to secure long-term uranium supplies to support the rapid expansion of its nuclear power industry has led the state-owned CGNPC Uranium to make a 1.23 billion US dollars takeover bid for London-listed Kalahari Minerals.
China plans to build 10 million low-cost homes this year at a cost of 200 billion US dollars, a government minister has said. The move comes as soaring home prices spur complaints about affordability.
President Barack Obama will nominate Commerce Secretary Gary Locke, who this year criticized China for not opening its markets, as next US ambassador to Beijing, two administration officials said.