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  • November 26, 2014
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  1. News - World - DIPLOMACY

    Leaders of BRICS nations seen to launch a joint development bank

    Posted Mar 25th 2013, 12:00am by AFP

    ... the BRICS emerging nations are expected to launch a joint development bank to rival western-dominated institutions at a summit beginning tomorrow. The grouping of Brazil, Russia, India, China ... is also up for debate. Indian officials have pressed for a BRICS-led development bank, recycling budget surpluses into investment in developing countries. Many developing nations inside ...

  2. News - China - DIPLOMACY

    China sees itself taking key role in proposed BRICS international bank

    Posted Jul 16th 2014, 02:58am by Teddy Ng, AFP

    ... Teddy Ng in Beijing and Agence France-Presse in Fortaleza, Brazil China eyes key role in proposed BRICS bank China is positioning itself as a major player in providing alternative ... yesterday to sign off on a new development bank and a reserve fund they hope can act as a counterweight to Western-led financial institutions. The bank will have initial capital of US$50 billion, ...

  3. News - World - DIPLOMACY

    President Xi Jinping meets Fidel Castro as Beijing aims to capitalise on Cuba ties

    Posted Jul 23rd 2014, 10:08am

    ... development bank and US$100-billion reserve fund designed to provide an alternative to the Western-dominated World Bank and International Monetary Fund. The Cuban president hailed the move ... development, opening a new phase in the mutually beneficial, friendly cooperation between China and Cuba,” said Xi after touching down on Monday night in Havana. The opening of the Cuban economy ...

  4. News - China - DIPLOMACY

    Xi Jinping gets straight down to business in Moscow

    Posted Mar 23rd 2013, 12:00am by Teddy Ng

    ... parent of the world's top aluminium producer Rusal, said yesterday it had signed a US$2 billion deal with Shenhua Group and China Development Bank to develop coal resources in eastern ... at the Moscow State Institute of International Relations today. He will fly to Tanzania tomorrow before going to South Africa for a summit with other BRICS nations.   ...

  5. News - China - DIPLOMACY

    Xi and Putin agree to take relations to a 'higher level' on sidelines of Brics summit

    Posted Jul 15th 2014, 12:22pm by AP

    ... on the sidelines of the Brics summit among the leaders of Brazil, Russia, India, China and South Africa, which begins today. “We have an enormous volume of cooperation. It is growing from year to year ... on further developing bilateral relations and broadening cooperation in various areas. Together, we brought our relations to a new stage of development,” Xi said. “I hope the two sides will fully ...

  6. News - China - DIPLOMACY

    China and Mexico to launch US$2.4b fund for mining, energy projects

    Posted Nov 14th 2014, 04:55am by Li Jing, Reuters

    ... Development Bank deal with Bancomex and Pemex for petroleum projects, as well as one between Industrial and Commercial Bank of China and Pemex and Chinese oil giant CNOOC. No details of any ... Li Jing and Reuters jing.li@scmp.com China and Mexico to launch US$2.4b fund China and Mexico agreed to develop close, long-term ties as the two countries' leaders met in Beijing ...

  7. News - World - DIPLOMACY

    G20 summit set for showdown between Western leaders and Putin

    Posted Nov 15th 2014, 04:17am by AGENCIES

    ... economy. He said he would not bring up the issue at the Group of 20 meeting of leading developed and developing nations as "it'll make no sense". Obama will discuss defence matters ... to boost world growth, fireproof the global banking system and close tax loopholes for multinationals. But with much of the economic agenda agreed and a climate change deal just signed between ...

  8. News - World - DIPLOMACY

    New Afghan president Ashraf Ghani heads to China

    Posted Oct 27th 2014, 10:00pm by AP

    ... investors to bankroll Afghanistan's development as it emerges from 30 years of war impoverished, wracked by corruption and still struggling to contain the Taliban insurgency. He will lead a delegation of Afghan businessmen at a summit where he hopes to attract Chinese investment to develop a mining industry as the bedrock of the economy, after more than a decade of dependence ...

  9. News - China - DIPLOMACY

    China backs bigger role, membership for Shanghai Cooperation Organisation

    Posted Sep 13th 2014, 04:10am by Andrea Chen

    ... as saying. Xi issued the call during an SCO summit in the Tajik capital, Dushanbe. He also called on member states to boost cooperation with other countries, and drive the group's development ... the SCO's economic status. "Having India, a leading member of the South Asian Association for Regional Cooperation and a BRICS country, in the organisation will boost [the organisation's] ...

  10. News - China - DIPLOMACY

    Ahead of Russia and Africa visit, Xi pledges support for development

    Posted Mar 20th 2013, 12:00am by Cary Huang

    ... pledges support for development President Xi Jinping, preparing for his first overseas trip as head of state, told foreign journalists China wanted to play a bigger role on the world stage. "China will shoulder bigger international responsibilities and obligations in what it can undertake and make greater contributions to peace and the development of humanity," Xi said ...




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