For all the time of cooperation until the end of 2010, Chinese government and the companies have invested a total of $ 40 billion in various projects in 50 African countries and regions. The funds were directed to more than 2000 enterprises. China has become Africa’s main trading partner.
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Tax collection in China in 2010 grew by more than 20 percent
January 21st, 2011 
admin BEIJING, January 10 – RIA Novosti, Vasily Kashin. Tax collection in China in 2010 grew by 20,8% and amounted to 6.686 trillion yuans (1.1 trillion U.S. dollars), as stated by the State Tax Administration of China. Import duties for the same period increased by 35,9% – up to 1.053 trillion yuans (160 billion dollars). Tax [...]
China supports Spain
January 17th, 2011 admin 
China is going to buy public debt of Spain. “We are confident in European financial market and, in particular, in Spanish financial market, which means the purchase of public debt of Spain, and we shall continue doing this in the future”, – Chinese Vice Premier Li Keqiang wrote in Spanish newspaper “El Pais” on the [...]
China’s trade surplus fell sharply
January 15th, 2011 admin China’s trade surplus was narrowed to 13.1 billion dollars in December 2010. This was reported on the website of Chinese Government. As noted by Agence France-Presse, it is 8.6 billions less than the analysts expected and 9.8 billion dollars less than in November.
China to continue its military dialogue with the U.S.
January 11th, 2011 admin 
Defence Minister Liang Guanglie after the negotiations with his U.S. counterpart Robert Gates said that the dialogue between nations on the military theme will be continued. “In the first half of 2011, the Chief of the Staff of People’s Liberation Army of China, Chen Binde will come to the U.S. for a visit,” – said [...]
The first capsule hotel to open in China.
January 5th, 2011 admin 
In China, in down-town of Shanghai, the first hotel in the capsular type for 68 rooms was opened. The size of rooms-capsules is approximately 2 x 1 x 1 m. Ta Zan, the owner of capsule hotel, said that the rooms-capsules for the hotel were purchased by him in Japan, where they appeared in the [...]
Changsha Zoomlion plans to draw on up to 2.13 billions during the deployment in Hong Kong
December 9th, 2010 admin 
Hong Kong, December 6. Designer and manufacturer of heavy industrial equipment, Changsha Zoomlion Heavy Industry Science & Technology Development, expects to draw on from 1.57 to 2.13 billion U.S. dollars during the IPO on the Hong Kong Stock Exchange.
China is going to limit the production of non-ferrous metals
December 8th, 2010 admin Beijing, December 7, China is going to limit the output of 10 non-ferrous metals of 41 million metric tons by 2015. The proposal on the development of ferrous metallurgy for the period from 2011 to 2015, has already been submitted for the discussion. According to the proposal, China should strictly limit its smelting capacity in [...]
China may invest 8 billions in the creation of the Development Bank of SCO
December 7th, 2010 admin Shanghai, December, 6, China announced that, it may invest $8 billions in the creation of the Development Bank of Shanghai Cooperation Organization (SCO). Thus, China will become the primary investor of the bank with the fund of $10 billions. The remaining 2 billions will be invested by other parties, including Russia.