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India, China Finance Ministers to meet on Monday in Beijing

India, China Finance Ministers to meet on Monday in Beijing

India is hosting the 8th BRICS Summit in October while China will host the G20 Summit later this year.

Will further open up select sectors to private firms: China’s Cabinet

Will further open up select sectors to private firms: China’s Cabinet

Private investment accounts for 80 per cent of jobs in China, and more than half of the tax revenue.

South Africa backs Chinese stance on South China Sea dispute

South Africa backs Chinese stance on South China Sea dispute

Over $5 trillion in ship-borne trade passes through the sea annually.

AIIB board of governors to gather for 1st annual meet in Beijing

AIIB board of governors to gather for 1st annual meet in Beijing

The AIIB is one of three entities China is promoting, along with a joint $100 billion BRICS Development Bank and a $40 billion Silk Road Fund.

Markets rise as Brexit fears subside

Markets rise as Brexit fears subside

A study conducted by a London-based think tank estimated that Brexit could decrease British global imports by 25 per cent worldwide over the next two years.

Developing engine for Sino-Russian airliner: Deputy PM Rogozin

Developing engine for Sino-Russian airliner: Deputy PM Rogozin

The construction of fuselage and the assembly of the airplanes will take place in China, Rogozin said.

Refugee numbers rise in Africa – report

Refugee numbers rise in Africa – report

The highest number of displaced persons was in Somalia, the report revealed; more than 1.1 million people had fled the fighting there.

Putin looks to cement bond with Beijing during upcoming visit

Putin looks to cement bond with Beijing during upcoming visit

A package of bilateral documents on trade, economy and investment, is expected to be signed during the visit.

India announces Foreign Investment Reform to Reshape Defense Industry

India announces Foreign Investment Reform to Reshape Defense Industry

World’s largest importer of arms is now allowing non-Indian companies to own up to 100 per cent of defense firms, a new government statement on Monday said. Apart from allowing upto 100 per cent foreign

Humanitarian crisis in Falluja, UN warns

Humanitarian crisis in Falluja, UN warns

Baghdad is overwhelmed by the exodus of peoples fleeing the fighting as the world marks Refugee Day.