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Chinese Premier Li Keqiang and senior leaders held talks with visiting US Secretary of State John Kerry on Saturday in downtown Beijing amid escalating tensions about the South China Sea.
The fate of the charged men now lies in the hands of the Grand Mufti, the country's highest Islamic authority.
The partnership with China "should and will flourish" said the Indian Prime Minister in Shanghai.
Meanwhile, ISIL fighters appear to have reached the outskirts of the ancient city of Palmyra in Syria.
Both the UK and US universities are heavily dependent on the BRICS, especially China and India, for their international numbers.
Details of the investment will be divulged during the Chinese Premier’s official visit to Brazil next week.
The two sides have set a bilateral trade target of $100 billion by 2015.
Experts believe that there is a chance the Fed may not touch interest rates until September, if not the beginning of 2016.
The Bank will have its headquarters in China with India holding its first rotating presidency.
The two leaders will acknowledge the increasing clout of developing economies in the new global financial architecture.