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Amid trade talks, China urges U.S. to respect its right to develop, prosper

BEIJING The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open wider.

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South Africa's Eskom to get 69 bln rand bailout over 3 years

South Africa will inject 23 billion rand ($1.63 billion) a year over the next three years into state power utility Eskom but will not take on 100 billion rand of debt as requested by the struggling firm, the national budget showed on Wednesday.

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