chinese foreign ministry spokesperson jiang yu said on tuesday that south africa will attend next year's summit. >> translator: south africa's participation would be useful and enhance cooperation among emerging countries. >> she also said china's president, hu jintao, has already contacted south african president jacob zuma on the issue. the first summit meeting of bric countries was held in russia in 2009. the leaders shared a critical view of the western-led global financial system. economists believe that by inviting south africa, china and other emerging nations will have a greater say in world finance and topics such as climate change. >>> china says it will cut its rare earth exports next year, a move expected to further push up prices of the minerals used in high-tech products. china's commerce ministry said on tuesday that it will reduce the first round quotas for 2011 by 35%, to 14,400 tons. the quotas are believed to be for the january to june period as the ministry releases the figures twice a year. the chinese government had already announced a 40% export reduction for this

chinese foreign ministry spokesperson jiang yu says disputes should be solved through talks. jiang's remark apparently suggests china does not want to deepen the bilateral rift ahead of president hu jintao's visit earlier next year. >>> nissan and mitsubishi are considering joining hands to create more opportunities in the electric car market. a day after announcing their joint venture to develop mini cars. sources close to the two automakers say making core parts for electric vehicles is a possible area for joint development. production costs could be lowered by sharing motors and motor control units although both firms are set on producing their own high-performance batteries. the two firms are global leaders in developing electric cars and have begun consumer sales. >>> here's the latest market figures. ♪ ♪ ♪ >>> north korea has at least one other uranium enrichment site in addition to the nyongbyon facility. that's according to remarks made by a senior u.s. state department official on tuesday. >> we're very conscious of the fact that in the recent revelations to american

chinese foreign ministry spokesperson jiang yu said in a statement on thursday that the situation on the korean peninsula is sensitive and complicated. the spokesperson said china hopes the three-party meeting will help ease tensions on the korean peninsula as well as promote disxlalogue and non-conflict. she said china will keep a close eye on the outcome of the meeting. the spokesman called for all parties to participate in an emergency meeting of the chief delegates to the six-party talks on north korea's nuclear programs, which china recently proposed. however, the united states, japan, and south korea remain cautious toward china's six-party proposal. >>> a u.s. diplomatic document posted on wikileaks' website repeats that a senior north korean official repeatedly criticized china and russia. the criticism emerged after the two nations agreed to a u.n. resolution thain creased sanctions against the north following its nuclear test in may 2009. the document says that then north korean vice foreign minister kim yong il visited mongolia in august 2009. at a meeting with a senior mo