China Dev. Bank to invest more in African farming
Reuters
The China Development Bank plans further African farming investments as the continent tries to raise output to curb food inflation and shortages, Governor Chen Yuan told African finance ministers and bankers on Friday.
An oil and commodities boom has brought Africa billions of dollars of investment from China and elsewhere in recent years, but has [...]
Can China and India save the US?
Bill Emmott, former editor of The Economist writing in the Guardian
via GuardianComment is free
The continued growth of China and India is being financed by Chinese and Indian savings – India still has a small balance-of-payments deficit and needs a bit of foreign borrowing, but it doesn’t need much. The vast amounts of investment in those [...]
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