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China gets rid of US Treasuries

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China sells the US Treasuries to smooth the consequences of the devaluation shock of August 11. The treasury of the country adopted selling the US Treasuries securities directly, as well as through agents in Belgium and Switzerland. The Chinese government also decided to reduce investments into the US Treasuries. The US Secretary of the Treasury Jacob Lew has previously talked with the Vice Premier... 

Russia invites China to create moon base

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Russia’s Deputy Prime Minister Dmitry Rogozin, second left, and Vice Premier of the State Council of the People’s Republic of China Wang Yang, second right, meet in Hangzhou, China. Moscow may team up with Beijing to create a scientific station on the Moon. The challenge for Russia is to build its own space station by 2024 to achieve its lunar exploration goals. According to Russian Deputy... 
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