Cash-rich China courts the Caspian
By M K Bhadrakumar
China's prospects as the first major economy to recover gives it a crucial role to lead the world economy as a whole and the Central Asian region in particular. Following up on a $25 billion loan to Russia that China dished out in February, it has agreed to lend $10 billion to Kazakhstan. China expects both the recipients to reciprocate by bolstering their energy supplies to China.Continue
Sunday, 19 April 2009
Posted by Britannia Radio at 07:35