China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signaled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.Add your comment!
The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing. We are putting the trade war on hold, Treasury Secretary Steven Mnuchin said on Sunday.Add your comment!
The number of international tourists to Mexico in the first quarter rose to a record high of 10.6 million, a 12.6% increase year-on-year, said the country's tourism ministry on Sunday.Add your comment!
The Shanghai World Travel Fair 2018 (SWTF) 15th edition will be taking place next May 24th to 27th and promises to be overflowing with content given the significance of China for the world tourism industry. According to statistics reported by the China National Tourism Administration, the number of outbound trips reached 130 million in 2017, and an estimated US$ 115.29 billion was spent during 2017.
A Confucius Institute recently opened in Uruguay's capital Montevideo, fulfilling a dream for promoters of Chinese culture and locals keen to learn more about China. The institute, a worldwide network that offers a window to Chinese culture through Mandarin (standard Chinese) language classes and other types of courses, opened in April, thanks to an agreement between Uruguay's University of the Republic (Udelar) and Qingdao University in eastern China's Shandong Province.
Western powers, Russia and China remain committed to the Iran nuclear deal - after the US announced it was withdrawing from the agreement. The UK, France and Germany say they will work with all remaining parties and urged the US not to obstruct its implementation and the other signatories to the 2015 deal - Russia and China - have also stressed their continuing support.
The markets of China, Ukraine, Argentina, South Africa and Turkey are the most vulnerable among all developing countries in terms of financing needs, reserve adequacy, asset valuation, institutional quality and trade resilience, according to a review by the analysts of the Institute of International Finance (IIF).
Chinese gift of a statue of Karl Marx is dividing Germans, as his home town of Trier prepares to unveil it 200 years after his birth. Marx co-wrote the Communist Manifesto, which said that all human history had been based on class struggle. His work remains controversial in Europe but is presented by China as central to its way of governing.
The Dominican Republic and China announced on Tuesday they were establishing diplomatic relations as the Caribbean country became the latest nation to dump Taiwan, leaving it with just 19 diplomatic allies around the globe. Taipei said it was “deeply upset” at the decision, which it blamed on “dollar diplomacy”. The move deepens the island's international isolation while its giant neighbor flexes its economic and political might on the global stage.
China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum rattles the agriculture industry.