China to hike 2016 defence budget by 7-8%
China will raise its defence budget by seven to eight percent in 2016, compared with last year`s 10.1 percent, an official said on Friday.
Mar 04, 2016, 12:31 PM ISTAustralia considers joining Asian Infra Investment Bank
Australia will consider joining the Asian Infrastructure Investment Bank (AIIB), Treasurer of Australia Joe Hockey said on Friday, a day after Britain applied to join the China-proposed bank as a founding member.
Mar 13, 2015, 13:58 PM IST