China to lend Congo $5 billion in latest Africa foray
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China plans to lend the Democratic  Republic of Congo $5 billion to modernize its decrepit  infrastructure and rich but deteriorated mining sector in  another huge Chinese investment foray in Africa.
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China, one of Sudan's biggest backers, has welcomed its acceptance of a joint African Union-United Nations peacekeeping force for the country's troubled Darfur region.
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China will spend more than $1.25 billion to rebuild wrecked houses, restore farms and help the poor pay for food and heat in areas where snowstorms killed at least 107 people, the government said Thursday.
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China's yuan is not substantially  undervalued given the country's balance of payments, but it  will manage capital flows with the aim of eventually making the  currency convertible, China's central bank governor said.
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China needs to invest $120bn (Â£67bn) over the next five years to increase electricity supplies to meet demand, a leading Chinese official has said.
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Industrial and Commercial Bank of China  plans to raise as much as US$19 billion in what would be the world's largest share sale, valuing the country's top lender at a discount to its largest rivals, a source familiar with the deal said on Sunday.
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French companies were counting some $5 billion in spoils Monday after President Jacques Chirac used an official visit to China to boost economic ties, in a bid to prevent France from being left behind in the emerging Asian superpower&#39;s markets.
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment.
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China has agreed to fund the construction of a $1 billion hydroelectric dam in mineral-rich Guinea and renovate a series of state buildings, government officials in the West African country said on Saturday.
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Chinese President Hu Jintao announced new development aid for Namibia on Monday, promising an interest-free loan and money for schools in the sparsely populated, mineral-rich desert country.
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China has agreed to pump $5 billion into Morgan Stanley as the U.S. investment bank reported a stunning fourth-quarter loss fueled by $9.4 billion in write-downs in subprime mortgages and other assets.
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China's big spending in Africa drew a mixed response at a global aid meeting in Vietnam, where many welcomed the giant's new role on the continent but some voiced disquiet about its intentions.
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China Yangtze Power Co., Shanghai Baosteel Group and State Grid Corp. will invest 8 billion yuan ($964 million) in China Construction Bank in a reorganization valuing the nation&#39;s third-largest lender at 194 billion yuan.
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China to use 55 billion yuan to settle problems in Three Gorges region    BEIJING, Feb. 27 (Xinhua) -- The Chinese government will invest 55 billion yuan (6.88 billion U.S.
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Chinese President Hu Jintao's visit to Sudan could cement China's position as the continent's business partner of choice.
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French companies were counting some US$5 billion in spoils after French President Jacques Chirac used an official visit to China to boost economic ties in a bid to prevent France from being left behind in the ...
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The head of the World Bank, Robert Zoellick, proposes joint aid projects in Africa with China.