Wang Qishan

China's rising political stars named among world's most influential

China's rising political stars named among world's most influentialHong Kong - Two of China's rising political stars were Thursday named among the the world's 100 most influential people in a prestigious annual list to be published by Time magazine.

Vice Premier Wang Qishan and Vice President Xi Jinping are among a diverse list including US president Barack Obama, Spanish tennis star Rafael Nadal and disgraced financier Bernie Madoff.

China, Russia seal oil-for-loan deal

China, Russia seal oil-for-loan dealBeijing - China and Russia on Tuesday signed an oil cooperation deal involving the supply of Russia oil in return for record loan of 25 billion dollars from China.

Chinese Vice Prime Minister Wang Qishan and his Russian counterpart, Igor Sechin, signed government agreements in Beijing to finalize the deal.

The cooperation pacts included building a pipeline to China, supplying oil and providing financing from the China Development Bank, China's official Xinhua news agency reported.