World should not fear rise of China: Hu

Allaying fears over rise of China as a major power, President Hu Jintao said his country`s development was born of a strenuous and inclusive process and its people suffered much in modern history.

`BRIC summit should push for international financial reform`

China on Wednesday hoped that the
upcoming Brazil, Russia, India and China summit would push for
international financial reform.

BRIC summit to be held in Brasilia in April

The world`s main emerging economies of Brazil, Russia, India and China -- known as the BRIC countries -- are to hold their second summit in Brasilia on April 16, Brazilian officials said on Wednesday.

FMs of BRIC say protectionism would retard global recovery

India on Friday said protectionist moves
in the name of regulatory and financial reforms would retard
global economic recovery.