CHINA FLOODS AFRICA WITH NEEDED DOLLARS, STOKING US CONCERN


DJIBOUTI (AP) — The new electrified rail line snakes through the African desert, charting a course from a port along the Djibouti coast to Addis Ababa, the capital of land-locked Ethiopia. The Chinese built the railway, and part of the port, and the new military base next door. On the other end of the line, …

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China Warns West that Sanctions on Russia Could Spiral into Chaos – U.S. & E.U. Indicate Sanctions to Begin Monday


13.Mar.2014SCGThe showdown in Ukraine is about to escalate on Monday if neither side backs down.According to Reuters, China's top envoy to Germany has warned the West against punishing Russia with sanctions for its intervention in Ukraine, saying such measures could lead to a dangerous chain reaction that could spiral out of control. This comes as …