Chief of Defence Force Lieutenant General Rhys Jones and US Pacific Commander, Admiral Samuel J. Locklear III have signed an open-dated logistics agreement which will provide significant benefits for both countries. The Treaty-level Acquisition and Cross Servicing Agreement (ACSA) will continue the interoperability, readiness, and effectiveness of NZ and US military forces through increased logistic cooperation. The agreement is designed …

An HSBC survey has revealed widespread confidence in the future of RMB as a major global trade and investment currency amongst mainland Chinese corporates. The vast majority (77%) of Chinese corporates surveyed expect one-third of all Chinese trade (US$2 trillion) to be conducted in RMB by 2015 (versus 10% in the year to date and 30% plan to use RMB for investment-related …

By David Mahon In Beijing, as evening temperatures hover around zero degrees Celsius, the heating has been turned on two weeks earlier than usual so that Chinese Communist Party officials attending the 18th National Congress will not suffer too much discomfort. Security has been increased. Vehicles from other provinces cannot enter the city without permits and, in an edict only …