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China's trade with the African nation last year reached $60 billion.
The Asian nation's government has set an inflation target of 3.5 per cent for 2013.
US Secretary of State John Kerry will visit the Latin American country next week.
The drought has caused the state exchequer a direct loss of $760 million according to official reports.
The sooner Kerry realises that the peace process today appears dead on arrival, the less political face he will lose, says a seasoned commentator on the Middle East.
Only 16 per cent of Russian respondents believe the government can positively impact their future.
The nuclear plant operator Tokyo Electric Power said that radioactive water was pouring into the ocean at a rate of 300 tons a day.
Sberbank's net profits for the first seven months of the year totalled 220.3 billion rubles ($6.9 billion).
The proposed bill seeks several changes including higher visa costs.
Food prices have declined for the first time in two years in Brazil.
