Brazil hopes to sign a bilateral accord with China to promote trade in their national currencies at next week's BRICS summit of the world's five emerging powers, Trade and Industry Minister Fernando Pimentel said on Thursday.
China's leaders have named Li Keqiang as premier, placing him at the helm of the world's second-largest economy. Mr Li, who already holds the number two spot in the Communist Party, takes over from Wen Jiabao.
Xi Jinping has been confirmed as the man to lead China for the next decade. Mr Xi led the new Politburo Standing Committee onto the stage at the Great Hall of the People in Beijing, signalling his elevation to the top of China's ruling Communist Party.
China’s communist party leadership has launched a probe into the alleged family wealth of Wen Jiabao at the premier's request, according to sources. In a letter submitted to the Politburo Standing Committee, the party's top decision-making body of which the premier is also a member, Wen asked for a formal inquiry into claims made by The New York Times.
By Gwynne Dyer - By the end of November 6, we will know who will be the president of the United States for the next four years. We already know who will be the leader of China for the next 10 years, although Xi Jinping will not be officially installed in power until a few days later. But some would argue that that is the more important event.
China has signed a deal to buy 50 planes worth 3.5bn dollars from Europe's Airbus. The agreement is part of a slew of trade deals signed by German Chancellor Angela Merkel at the start of a two-day visit to China.
German leader Angela Merkel is due to hold top-level talks Thursday on her second visit to China this year, with Europe's debt crisis taking centre stage as it begins to drag on the two global powers.
Confidence in the state of the world economy over the next 12 months fell to the lowest level in five quarters, according to the Global Confidence Index prepared by the World Economic Forum.
Trade with China for Argentina has great opportunities but also great threats because the Asian giant is only interested in produce with no added value, warned the head of Argentina’s Industrial Union, Ignacio De Mendiguren.
Property prices in 70 Chinese cities rose slightly in June, compared to May, after eight months of decline. Home prices rose 0.3% in Beijing and 0.2% in Shanghai compared to the previous month, official data showed.