London, May 5: ArcelorMittal, the world’s biggest steel producer, is keen to have a 25 percent stake in China’s second largest steel firm, Angang Steel, in an effort to extend its presence in that country.

Lakshmi Mittal, the main owner of ArcelorMittal, is said to have made this proposal to Zhang Xiaogang, Angang’s chairman, in a private meeting just over two months ago.

Beijing  - Chinese President Hu Jintao said Sunday he hoped for a positive outcome as ta

Beijing, May 4 : In an attempt to put an end to global protest on the Chinese Government

Freiburg, Germany  - Amnesty International began its own torch relay through Germany on Saturday to draw attention to what it described as human rights breaches in China.

Beijing - With envoys of the Dalai Lama due in China for talks with the government on

London, May 3 : A new Cold War may be brewing in the Far East following reports of China having secretly developed a major nuclear submarine base.