TENNIS ACE: Li Na wins French Open Xinhua

Biggest Trade Bloc

South Africa

South African President Jacob Zuma has launched Africa's biggest free trade bloc aimed at enhancing regional cooperation to boost economies in the continent. "There is no single country that can prosper on its own," Zuma said at the launch of the initiative that will see three - sometimes overlapping - trade blocs (the Southern African Development Community, the East African Community and the Common Market for Eastern and Southern Africa) join to create an $875 billion market. Zuma said that the free trade area will help accelerate regional integration efforts aimed at ensuring that African countries trade with each other on better terms.

DEEP POCKETS: Chinese mainland tourists spent more on shopping in 2010 than any other nation Xinhua

SMEs Boost

China

China has signed contracts valued at $220 million with African countries to support 13 projects. The funding will be from the Special Loan for the Development of African SMEs funded by the China Development Bank, according to the Ministry of Commerce (MOC). Besides, the bank has also pledged support for 19 projects with contractual loans totaling $483 million, said the MOC.