Xi invokes Chinese military might with America in mind

[ad_1] Beijing frequently uses war anniversaries to issue sparsely covered warnings to the United States about the military strength of the “new China.” FILE: Chinese President Xi Jinping observes during a state banquet at the Malacanang Presidential Palace in Manila on November 20, 2018. Image: AFP BEIJING – President Xi …

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Mboweni on IMF loan of 70 billion rand from South Africa

[ad_1] Finance Minister Tito Mboweni says that the International Monetary Fund (IMF) loan to South Africa “will not be used specifically to pay salaries.” Responding in a written parliamentary question and answer session, the finance minister said the loan is a special facility created for member countries experiencing emergencies. “It …

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