China has not only rolled out the red carpet, it has also redecorated its capital in red as it prepares to host more than 40 African heads of state for a summit billed as a warm-up to the 2008 Beijing Olympics. About 1Â 700 delegates and hundreds of journalists are expected for the November 1 to 6 China-Africa forum.
China's trade with Africa is set to top -billion this year, officials said on Thursday, as Beijing gears up to host a China-Africa forum that will deepen much-scrutinised investment ties. China has defended its growing trade ties and its more than -billion worth of investments on the continent, whose energy and mineral wealth it covets to fuel its booming economy.
China declined on Tuesday to rule out possible United Nations sanctions against North Korea for carrying out a reported nuclear test but said any military action was unimaginable. It said it had no information about widespread speculation that the secretive North might be ready to conduct a second test.