China

India offers $5 billion to Africa in bid to boost ties

ADDIS ABABA (Reuters) - India stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5 billion to help the continent rich with minerals and commodities.

India offers $5 billion to Africa, keen to boost ties

ADDIS ABABA (Reuters) - India stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5 billion to help the continent rich with minerals and commodities.

8:58am EDT

Luxury execs see strong 2011, more M&A

PARIS/NEW YORK (Reuters) - Luxury goods makers expect 2011 to be one of their strongest years in recent history, thanks to fast-growing China and a return of global consumer confidence, luxury executives said on Monday.

China considering Iranian invitation to nuclear facilities

BEIJING (Reuters) - China said on Tuesday it will consider Iran's invitation to send experts to see its disputed nuclear facilities, made during talks with Iran's foreign minister that a Chinese spokeswoman said covered strengthening bilateral ties.

World, United Nations 6:22am EDT

China challenges WTO ruling on U.S. tire tariffs

GENEVA (Reuters) - China appealed a ruling by the World Trade Organization on Tuesday, insisting the United States flouted international trade rules when it imposed trade barriers on car tires imported from China, a WTO spokesman said.

Politics, 5:58am EDT

China c.bank adviser says U.S. should cut IMF voting share

BEIJING (Reuters) - The United States should reduce its dominant voting share in the International Monetary Fund, an adviser to the People's Bank of China said on Tuesday, helping to give emerging economies more of a say in deciding who will take the helm of the IMF.

IMF, 3:09am EDT

Two top China Wal-Mart executives quit

NEW YORK (Reuters) - Two top executives have quit Wal-Mart Stores Inc's China business, leaving a leadership vacuum in country earmarked as having strategic importance for the U.S. retailer.

2:46am EDT

Dealtalk: Private equity wants to take China orphans home

HONG KONG (Reuters) - Private equity firms are working on a series of deals to buy so-called "China orphans," mainland firms listed in the United States and Singapore, with their stocks undervalued by investors who don't understand their business model or home market.

Apple investors brush off China blast impact

SAN FRANCISCO/TAIPEI (Reuters) - Shares of Apple Inc regrouped on Monday after Wall Street brushed off the impact of an explosion last week that shut a Foxconn factory in China producing its popular iPad. | Video

Mexico pushes Carstens for IMF; Brazil reacts coolly

MEXICO CITY/BRASILIA (Reuters) - The race to pick a new leader for the IMF formally launched on Monday as Mexico sought support for its central bank governor and Brazil said more time was needed to make a choice. | Video

World, Russia, Brazil, Mexico, IMF 23 May 2011
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Ash to hit northern Europe, but volcano dying down

LONDON/REYKJAVIK (Reuters) - Northern Europe is set to again bear the brunt of air traffic disruption from Icelandic volcanic ash on Wednesday after 500 flights were canceled on Tuesday, but experts said the eruption was rapidly dying down. | Video