China's new foreign policy takes shape - in Moldova

Small, poor nations without significant mineral deposits are unlikely candidates for investment by the world's third-largest economy. Yet China is taking a growing interest in Moldova, a former Soviet state that is poorer than many countries in Africa. Here, horse-drawn carts loaded with hay trundle on battered roads alongside top-end Mercedes and Lexus cars, and villagers get water from daily trips to wells. China last July signed a memorandum of understanding to lend Moldova $1 billion --...