In only his second trip abroad this year, Xi Jinping attended this week’s BRICS summit in South Africa in the hope of scoring a major political victory. The five-member group—comprising Brazil, Russia, India, China, and South...
While much of the Western developed world was glued to the mutiny in Russia over the weekend, much of the developing world contemplated a debt crisis that has both governments and individual families struggling to pay their...
China will soon hand over a newly constructed $140-million-dollar parliamentary building to Zimbabwe. Built by contractor Shanghai Construction Group Company and funded by the Chinese government, the building is the latest...
The Chinese government has been courting the Global South to advance its image as a responsible guarantor of international security and development. Last week, China took the initiative by hosting the first China-Horn of Africa...
Cashed-up aviation enthusiasts in the US and Europe are struggling to get their hands on UAVs – unmanned aerial vehicles (drones), because governments are still trying to work out how to regulate their purchase and use....
John Garnaut reports that China is planning “sweeping reforms” aimed at turning around its sputtering economy, according to sources close to the leadership. From The Age: Liu He, who leads the party’s Central...
In such a time of global financial instability, why might the People’s Bank of China, for the first time in six years, decreased its benchmark lending rate by 27 basis points to 7.2%? In addition to the more immediate steps the...
From the USA Today (link): Emerging markets built big gains from BRIC this year ” Brazil, Russia, India and China. The average emerging markets fund gained 12.6% in the first three months of 2006. The BRIC countries have done even better, especially when translated into U.S. dollars. “We’re big believers in the BRIC story,” says […]
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