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China charms Europe, but Beijing has own agenda

Europe's frail economies are wobbling under the weight of their debts. Their urgent austerity measures are stunting growth and driving unemployment higher, and their citizens are clamoring for improvements. That has changed the complexion of European dealings with booming China. Crisis-hit European countries are swooning over China's $3.2 trillion cash pile — the world's biggest foreign exchange reserves — even though many are angry about what they view as unfair Chinese practices.


Lou Jiwei - the man that is going to save Italy

Lou JiweiLou Jiwei, born December 1950 in Beijing, is a Chinese politician and financial figure. Lou is Chairman and CEO of China Investment Corporation and formerly served as China's Vice Minister of Finance and as Vice-Governor of Guizhou.

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