China

Foreign investment to promote Macedonian textiles

An investment of $400 million would create one of Europe's biggest textile factories.

Macedonia hopes to be home to Europe’s biggest integrated textile production facility. [AFP]

Russia and China "close to reaching gas deal"

MOSCOW -- Russia sees its relations with China as a priority, President Vladimir Putin has said ahead of his visit to Shanghai.

According to him, the two countries are close to reaching an agreement on natural gas sales.

Russian and Chinese officials are due to strike a deal on Tuesday allowing China to receive Russian gas worth USD 400 B over the next 30 years, a Russian daily reports.

ROME - Serbian female tennis player Jelena Jankovic qualified for the Rome Premier Masters WTA semifinal as she defeated Agnieszka Radwanska of Poland in the quarterfinal match on Friday, 2-0 (6-4, 6-4).

In the fight for the final, Jankovic will cross rackets with Italy's Sara Errani who beat world's second-ranked female player Li Na of China, 6-3, 4-6, 6-2.

Photo AP

ROME - Serbian female tennis player Ana Ivanovic qualified for the Rome WTA semifinal as she defeated Carla Suarez Navarro of Spain in the Friday match, 6-4, 3-6, 6-4.

This is Ivanovic's second victory against Navarro out of the two matches they played so far.

Bulgaria will have run out of coal in 34 years, while Britain will have no oil, coal and gas reserves in just over five years, researchers have warned.

The first estimate for the euro area trade in goods balance with the rest of the world in March 2014 gave EUR 17.1B surplus, compared with EUR 21.9B in March 2013.

KRAGUJEVAC - Miracle Boy, a play performed by China's Shanghai Puppet Theatre, won the Golden Spark Grand Prix for best play at the 16th International puppet theatre festival in Kragujevac.

The second prize went to the play Dwarf Long Nose by the Sliven State Puppet Theatre (Bulgaria), while Straw Lark by the Moscow Small Puppet Theatre (Russia) won the third prize.

Bulgaria will export Rose petal jam to China after signing a contract during the first day of the international Food and Beverage Trade Show SIAL China 2014 in Shanghai.

BELGRADE - Saudi Arabia and the United Arab Emirates (UAE) are interested in signing long-term agreements on cooperation in tourism with Serbia, Serbia's Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajic told Tanjug on Thursday.