BEIJING - China's foreign trade will exceed $2.9 trillion this year, and the country expects its trade and international payments to be more balanced over the next five years, said Commerce Minister Chen Deming.

Madrid, Dec 17 (IANS/EFE) Spain raised 2.4 billion euros ($3.2 billion) in a Thursday auction of 10- and 15-year bonds, although the interest rate it was forced to pay on that debt was the highest since 1997.

BEIJING - China's machinery and electronic exports were up 30 percent year-on-year, and is on course to become the world's largest exporter of such goods in 2010, reports Xinhua.

Rio de Janeiro, Dec 17 (IANS/EFE) Brazil's economy generated upwards of 2.5 million new jobs in the first 11 months of this year, 7.7 percent more than during all of 2009, the labour ministry said.