China

Next BRICS Summit in India

Next BRICS Summit in India

It has been confirmed by the Prime Minister of India, Manmohan Singh that the next BRICS (Brazil, Russia, India, China and South Africa) summit in 2012 will be held in India.

Stronger currency will boost economy: Wen Jiabao

Yuan

Wen Jiabao, the Chinese premier said on an online interview with citizens the previous day that the nation's economy will greatly benefit from a stronger currency.

CIC and Blackstone to purchase Morgan Stanley loan portfolio

Morgan Stanley

According to the report of the Financial Times released on Monday, China Investment Corp or CIC.

NEC suggests nationalizing of mineral wealth

Mining

The National Executive Committee i. e. NEC had held a meeting on Sunday.

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