Alan Wheatley

Brics grapple with China’s dominance

If trade is the mortar holding together the Brics -- Brazil, Russia, India, China and newcomer SA -- the omens would appear poor for the grouping.

China overtakes Japan as number two economy

China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth.

G20 aims to reduce red ink, keep recovery on track

Disagreements over how quickly to reduce billowing budget deficits and restore balance to the global economy risk straining high-level G20 talks.

IMF head eyes global currency change

The imperative of greater global currency stability means the world can no longer rely on a currency issued by a single country, the IMF head said.

China tries, again, to curb industrial overcapacity

China on Monday launched the latest in a long list of attempts to rein in industrial overcapacity to keep its fast-growing economy on an even keel.

Alarms ring as panicked markets dive

Leaders closed ranks on Saturday to try to bolster the confidence of investors fearful that the credit crunch is mutating into a worldwide recession.

World Bank eyes Africa projects with China

The World Bank is planning projects in Africa with China's Export-Import Bank to address concerns that Beijing is taking more than it gives as it scours the continent for oil and minerals. World Bank president Robert Zoellick said the pros and cons of the country's push into Africa had been an important topic during his talks with senior officials.

China: ‘A blessing or a curse for Africa?’

China promised on Tuesday to do more to strengthen Africa's economic sinews even as the continent enjoys its fastest burst of growth in 30 years on the back of booming Chinese demand for oil and minerals. Central bank governor Zhou Xiaochuan said Beijing would redouble efforts to share the lessons of its economic take-off.

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