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India, China sign trade deals worth $ 16 billion Wen Jiabao

India, China sign trade deals worth $ 16 billionWen Jiabao
The volume of bilateral trade between the two countries to about $ 60 billion in this fiscal year
The companies signed contracts for Indian and Chinese deals valued at $ 16 billion on the opening day visit of Prime Minister Wen Jiabao to India, which continued for three days.
Wen's visit, and represent the latest in a series of visits of world leaders to India. Wen was accompanied by about 400 senior Chinese businessmen.
China is the largest trading partner of India, as the volume of bilateral trade between the two countries to about $ 60 billion in this fiscal year.
The cabinets will meet Chinese President and Indian Prime Minister Manmohan Singh Thursday.
There have been Chinese and Indian firms approximately 50 transactions in the areas of energy, telecommunications, steel, wind energy investment, food and marine products as much as values of $ 16 billion at the end of a business conference attended by Wen in the Indian capital Delhi on Wednesday evening.
And the superiority of these deals are the $ 10 billion trade agreements signed by India with American businessmen during the visit of U.S. President Barack Obama's recent visit to India.
Addressing the conference, saying Wayne: "There is enough space in the world for the development of both China and India, and there is sufficient space in which to collaborate."Large delegation

    There is room enough in the world for the development of both China and India, and there is sufficient space in which to collaborate
Chinese Prime Minister Wen Jiabao
Has brought the Chinese prime minister with one of the largest delegations of Chinese business leaders have never visited India, a Chinese delegation of this size.
Some observers say that the size of the Chinese delegation dwarf in terms of numerical and delegations of business leaders the other principal, who visited India in recent weeks, as is the case with the delegation that accompanied President George Obama (215) and French President Nicolas Sarkozy (over 60) and British Prime Minister David Cameron ( 40).
The Prime Minister will travel to China later this week to Pakistan's nuclear rival neighbor for India in the two-day visit.
Analysts say that despite the booming bilateral trade with China, but that this relationship to turn out to India, the largest amount of interest that asks.
India is demanding entrance to the markets of the largest pharmaceutical trade and the Information Industry of China, where aspiring to balance the trade surplus, which tilts in favor of China at about $ 25 billion.
He said the Chinese envoy to India Zhang Yan told reporters ahead of Wen's visit, "Relations are very fragile and very easy to destroy it is very difficult to fix so you need special care in the information age."
Were tested relations between the two countries in August, when India put off defense exchanges with China after China refused to grant a visa to General of the Indian region of Kashmir.
Last year, India protested the establishment of China to issue visas on the papers separate people from the area of Kashmir under Indian administration does not look like traditional visas granted to Indian nationals others. China did not give an explanation for this step.

Holiday tree birthday worth $ 11 million

Abu Dhabi: Holiday tree birthday worth $ 11 million


Believed that the tree is the most expensive of its kind in the world

Set up a luxury hotel in Abu Dhabi in the entrance to a tree decorated with jeweled birthday gala say to be worth $ 11 million.

The tree is decorated with jewels and gems, in addition to the traditional Kalkrat ornamental and colorful lamps.

The director of the hotel Olbertz The value of the tree for the same does not exceed ten thousand dollars, but jewelry that were used in decorating adding 11 million dollars to its value.

He also pursued that the marketing team at the hotel is the one who came out the idea of decorating the tree this way.

The hotel celebrates Christmas tree erected every year, but he felt that he doing something different this year.
Abu Dhabi

Include ornamental necklaces, bracelets and watches studded with precious stones

Although the vast majority of the population of Abu Dhabi from the Muslims, ruled out his tree Olbertz hurt feelings, he says that the emirate ", liberal and very tolerant."

Olbertz said that his hotel, Hotel (Emirates Palace - Emirates Palace) will submit a request to the Foundation of World Records for the classification tree as the most expensive