China led Argentina 2-0 through goals by Ma Yibo and Fu Baorong before the World Cup champions drew level before the interval, Luciana Aymer scoring both times.

BBC: Australia knocked out

But the miraculous has mostly occurred--thanks to contributions from Hawaii and Haifa, China, California and Chile, Argentina, Brazil, Italy, Taiwan--even from Nepal.

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We expect this trend to continue in the final quarter with growing demand for consumer products in regions such as Argentina, China, India and South-East Asia.

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Meanwhile, China said it would ban imports of soya oil from Argentina, seemingly in reprisal for anti-dumping measures against textile and other exports to Argentina.

ECONOMIST: Politics this week

All three countries are looking to China for support: Venezuela and Ecuador have signed investment agreements, and Argentina has a currency-swap line aimed at reducing its need for dollars.

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According to the report, some 70% of the Bank's non-concessional lending over the past seven years has gone to 11 countries (including China, Argentina, Mexico and Brazil) that had access to capital markets.

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They will now play world champions Argentina who were beaten into second in their group after a 3-2 surprise defeat to China.

BBC: Australia knocked out