Tag: China
ChinaLatin American investment in China
By R. Viswanathan (*) - During the sixth China - Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a report on Latin American investment in China.
China’ Sinochem further expands into Brazil’s offshore oil frontier
Brazil's National Petroleum Agency, ANP, approved Chinese oil company Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.
WTO upholds ruling favouring the US in steel products dispute with China
The World Trade Organisation (WTO) has upheld its decision that China's tariffs on imports of certain US steel products were illegal. Beijing had imposed duties on a particular kind of US steel, alleging that its makers were being given subsidies by the US government.
China’s inflation eases as growth slows; plans to further boost domestic demand
China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September. Consumer prices rose 1.9% from a year earlier which is down from a rate of 2% in August.
World Bank further lowers China’s growth prospect as Euro zone and US falter
World Bank has lowered its growth forecast for China citing weak demand for its exports and lower investment growth. The bank said it expects China's economy to grow by 7.7% this year, down from its projection of 8.2% in May.
Chile becomes the leading exporter of cherry and dried plums to China
Chilean fruit exports to China have experienced a great increase in recent years having jumped 35% in 2011 (over 2010), with a value of 438 million dollars, according to statistics provided to the Chilean Ministry of Agriculture, which place Chile as one of the main fruit providers from the southern hemisphere.
China denies influencing the Venezuelan election in favour of President Chavez
China has “no intention of influencing” the coming Venezuelan elections said a Foreign ministry spokesperson in Beijing following allegations from opposition presidential candidate Henrique Capriles that recent economic agreements signed between Beijing and Caracas are part of that strategy.
China’s first aircraft carrier enters into service, “a cause for patriotic passion”
China's first aircraft carrier has entered into service, the defence ministry announced. The 300 meters Liaoning - named after the province where it was refitted - is a refurbished Soviet ship purchased from Ukraine (ex Varyag).
US presidential campaign reaches WTO with new case against China
The United States launched on Monday a new trade case against Chinese auto and auto-parts subsidies as President Barack Obama stumped for votes in Ohio, an auto manufacturing state that could be decisive in the November presidential election.
Land Rover will manufacture the Freelander and Evoque in China
British luxury car company Jaguar Land Rover has announced plans to build two of its models in China. It will be the first full manufacturing plant for the company outside the UK. Although the plans still have to be given final approval by the Chinese government, Jaguar Land Rover has already found a site for the plant, just north of Shanghai.
