trade

www.thechinatimes.com — The president of Bolivia, Evo Morales, has predicted that “soon the U.S. will be a colony of China”, advocating for the power of the Asian giant in world economy. The president was in China last week to close a series of trade agreements.

www.thechinatimes.com — The use of the yuan for cross-border trade will accelerate and the Chinese currency to become the third currency for trade across the world in three years, predicted Thursday the chief economist for China from bank HSBC.

news.ninemsn.com.au — Australian Prime Minister, Julia Gillard will raise the prickly topics of human rights and North Korean aggression when she meets with Chinese leaders during her first visit to Beijing as prime minister.

www.csmonitor.com — China and the U.S. are the only big players in the currency game. And with neither of them stepping up to bat, the game is in dangerous territory. Other nations will now do whatever they can to reduce the value of their currencies in order to stimulate more exports -- and therefore create more jobs.

www.bbc.co.uk — The UK prime minister, who is accompanied by four cabinet ministers and 43 business leaders, called the trip a "vitally important trade mission", but pressure is mounting on Mr Cameron to raise the issue of China's human rights record.