China and Brazil agreed to trade in each other’s currencies just hours ahead of the BRICS summit in South Africa.
The deal, which extends over a three-year period and amounts to an exchange of about $30 billion in trade per
Tag: China
China’s drone fleets
China is building one of the world’s largest drone fleets aimed at expanding its military reach in the Pacific and swarming U.S. Navy carriers in the unlikely event of a war, according to a new report.
The Chinese military — … Read the rest
Japan scrambles fighters as Chinese plane flies over disputed islands
Tokyo scrambled F-15 fighter jets on Thursday after a Chinese state-owned plane entered airspace over islands disputed by the two countries. A Chinese maritime aircraft ventured over the Senkaku islands, called the Diaoyu Islands in China, just after 0200 GMT, … Read the rest
The race for resources
The year 2030 will see an increasingly chaotic world where China is the top economy and demand soars for resources, a US intelligence report said Monday.
The National Intelligence Council, in its first assessment in four years aimed at shaping … Read the rest
Russia, China wrestle US on Internet governance, freedom
A Russia-led proposal calling for sweeping new governmental powers to regulate cyberspace could enable countries to block some Web locations and wrest control of allotting Internet addresses from a U.S.-based body.
The proposal, co-signed by Russia, China, Saudi Arabia, Algeria, … Read the rest
China surpasses US as trading partner
In just five years, China surpassed the US as leading a trading partner in the world. With 124 countries considering China their largest trading partner and only 76 having that relationship with the US, the Asian country’s influence is on … Read the rest
Ten reasons why Chinese are despised in Africa
- Living in the Rainbow Nation
Codrin Arsene writes from a black man’s perspective. About one hundred Algerian and Chinese residents clashed in Algeria’s capital a couple of years ago. Unfortunately, this is not an isolated phenomenon. Violent clashes between Chinese … Read the rest
New colonists in Africa
- A truly South African vuvuzela. Or not
The new colonials have arrived.
Without as much as a whisper the South African government allowed at least 400 000 Chinese to swamp the country during the past six years. Chinese migrants, mainly … Read the rest
Zuma made honorary professor
President Jacob Zuma was awarded the title of Honorary Professor of International Relations by the Peking University in Beijing, China, on Friday, the presidency said.
Zuma was in the country attending the fifth Forum of China-Africa Co-operation (FOCAC) meeting, the … Read the rest
Russia and China again veto Syria resolution
Russia and China again vetoed a Western-backed U.N. resolution Thursday aimed at pressuring President Bashar Assad’s government to end the escalating civil war in Syria, sparking dire warnings of even greater bloodshed and spillover to the wider region.
The 11-2 … Read the rest
Apple’s iPhone loses market share in China
Apple Inc’s share of China’s booming smartphone market slipped for a second straight quarter in October-December, as it lost ground to cheaper local brands and as some shoppers held off until after the iPhone 4S launch last month.