China is the 2nd biggest spender on R&D

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Source: China.org.cn
© Scanpix/Reuters
China has spent on R&D even more than Japan this year ranking 2nd biggest spender after US. China plans to invest in R&D 2.2% of GDP in R&D by 2015. The number of applications for protecting IPR has also increased indicating substantial growth of innovation in the country.
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Tue, 15 Nov 2011 15:22:02 GMT

Canada's dollar lower second day in a row

Canadian national currency depreciated against its US peer on anxiety that debt turmoil in Europe is strengthening. Canada's dollar dropped for two consecutive days almost reaching 2-months low as yields for French and Spanish bonds surged. On Tuesday currency fell 0.6% attaining $0.9790 per Canadian dollar in Toronto morning trading session. 

Tue, 15 Nov 2011 14:44:56 GMT

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