IN BRIEF (Page 13)

Deals inked with Australia

Australia and China inked commercial deals worth more than $8.8 billion on Monday.

The deals include a $1.2 billion agreement between Karara Mining Ltd and China Development Bank Corp for rail and port construction in Oakajee, Western Australia.

SIP bets big on nano-technology

Suzhou Industrial Park (SIP) said on Monday it aimed to attract 10 billion yuan investment in nano-technologies from domestic and international investors in five years. Total investment in industries related could reach 50 billion yuan.

Kuwait, Qatar invest in ABC

The Kuwait Investment Authority has invested $800 million in the Hong Kong portion of Agricultural Bank of China's (ABC) public float, Reuters reported on Monday.

The report also said the Qatar Investment Authority agreed to invest $2.8 billion in the bank.

Reuters-China Daily

(China Daily 06/22/2010 page13)