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Two days before the Brazilian deal, China secured what may be the most strategically significant agreement of all: Beijing agreed to lend $15 billion to cash-strapped Rosneft, Russia's oil major, and another $10 billion to Transneft, Russia's biggest pipeline company. The loans will be paid off not...
There is a lot more oil and gas where that came from, if Beijing can bring itself to depend on Moscow as a supplier. That isn't as easy as proximity might suggest. The two countries have never trusted each other. But economics now dictates that historical enmity be put...
There's no question that it's a buyer's market for raw materials, and that many resource companies are struggling to find willing partners and financiers. China's Rosneft injection will allow the Russian company to pay off $8.5 billion in debt - 60% of it owed to foreign banks...
'It's obviously blackmail, but I accept that.' PIERRE BERGE, Yves Saint Laurent's partner, on his offer to return two antique bronze statues, looted from China's Summer Palace in 1860, if Beijing grants Tibet its freedom
You saw him center stage at the Olympic opening ceremonies in Beijing. His YouTube videos generate more views than some Billboard Top 100 artists. His record label Deutsche Gramophone headlines him as nothing less than “the future of classical music”. After a whirlwind of high...