IN BRIEF (Page 13)

Moody's ups China ratings

Moody's Investors Service raised China's ratings outlook to "positive" from "stable", citing the government's success in steering the nation through the global financial crisis. "The country's very strong international investment position has insulated it from the global financial crisis and reduced to a negligible level the risk that China could face a future balance of payments crisis," said Tom Byrne, a Moody's senior vice-president.

Loan to Ethiopia