China’s export growth slowed in April and the trade surplus was little changed as economies around the world weakened. Exports rose about 21.8 percent from April 2007, following a 30.6 percent gain in March, according to figures derived from Ministry of Commerce data. The trade surplus was about $16.8 billion compared with $16.7 billion a year earlier.
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In addition to competing for natural resources in Africa, India and China have now set their sights on mobile phone subscribers. Leading mobile companies in both China and India – China Mobile and Bharti Airtel are fiercely trying to acquire Africa’s MTN Group Ltd, the continent’s biggest mobile-phone operator, China Knowledge reported.
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