Designers let Chinese farmers pay for homes with watermelons

BEIJING:   Struggling developers in China have started taking payment intended for homes in watermelons, peaches and other farming produce, state media reported Sunday (Jul 3), as they attempt to lure buyers deterred by a property marketplace slump. China’s housing market continues to be hit by a decreasing economy andContinue Reading

Sri Lanka makes progress in the direction of IMF credit service: IMF

COLOMBO: The particular International Monetary Account reported constructive discussions with Sri Lankan authorities on Thursday night (Jun 30), increasing hopes it could quickly grant preliminary authorization for a credit service to alleviate a crisis in which the country is fighting to pay for imports. “The discussions will continue practically withContinue Reading

Africa’s dream of feeding Cina hits hard reality

THIKA, Kenya: Watching workers poke avocados from the treetops within an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels in the thought several might soon go to the crown jewel associated with emerging consumer markets: China. Taking advantage of Beijing’s deeper focus on trade with AfricanContinue Reading