Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 18th 2024 - 02:24 UTC

Tag: China

  • Monday, June 19th 2023 - 10:33 UTC

    US-China ties: Blinken, Qin try to keep dialogue channels open

    Blinken's trip is to conclude following further meetings with Chinese officials on Monday.

    US Secretary of State Antony Blinken met with Chinese Foreign Minister Qin Gang for more than five hours Sunday to keep channels open as the two countries are -in Quin's words- “at their lowest point since the establishment of diplomatic relations.”

  • Monday, June 19th 2023 - 10:00 UTC

    Italy blocks Chinese company from taking control of tyre giant Pirelli

    Beijing-controlled chemical giant Sinochem is Pirelli's biggest shareholder, with a 37% stake in the 151-year-old Milan-based firm.

    Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy's government to protect businesses considered strategically important, and as such Pirelli's independence.

  • Thursday, June 15th 2023 - 09:32 UTC

    Blinken going to China amid growing tension between Washington and Beijing

    Blinken was about to travel to China in February but canceled his trip due to the spying balloon incident

    US Secretary of State Antony Blinken will travel to China this weekend amid growing tension between the two countries in a move to keep lines of communication open, the State Department said.

  • Friday, June 9th 2023 - 11:21 UTC

    WSJ says China plans to install spying base in Cuba

    National Security Council Spokesman John Kirby said the report was inaccurate

    According to The Wall Street Journal (WSJ), the governments of China and Cuba signed an agreement whereby the Asian nation will install a spy base on the Caribbean island to intercept communications of all kinds in the United States.

  • Saturday, June 3rd 2023 - 12:11 UTC

    New currency swap with China gives Argentina some financial relief

    During the meeting, the Argentine delegation gave their Chinese interlocutors official jerseys of the Argentine national football team

    Argentina will have US$ 10 billion to play on the domestic foreign exchange market and avoid a steeper devaluation of the peso after renewing a currency swap with China, Economy Minister Sergio Massa announced in Beijing Friday.

  • Wednesday, May 31st 2023 - 11:00 UTC

    Minister Massa announces agreements for about US$ 1 billion

    Massa will conclude his Chinese tour on Friday

    Argentina's Minister of Economy, Sergio Massa, announced from Shanghai that he has obtained financing for approximately US$ 1 billion for investments and disbursements that will strengthen the Central Bank's reserves.

  • Monday, May 29th 2023 - 10:42 UTC

    First Chinese-built airliner enters aviation market

    Firefighters performed the traditional water arch in Beijing

    The COMAC C-919, China's first passenger aircraft, Sunday completed its first commercial flight marking its official entry into the civil aviation market, it was reported in Beijing, where authorities are confident it can compete with the Boeing 737 MAX and Airbus A320. China Eastern Airlines flight MU9191 landed “smoothly” at Beijing International Airport Shanghai's Hongqiao Airport with 130 passengers at 12:30 local time, after which firefighters performed the traditional water arch.

  • Wednesday, May 24th 2023 - 09:59 UTC

    China and Brazil reaffirm stronger partnership, Brazilian envoy in Beijing

    Ambassador Marcos Galvao said that the success of the state visit by President Lula da Silva to China “certainly points to an even higher stage of the strong partnership” between countries

    Brazil and China are set to embrace a higher state of solid partnership, and the two sides have shown a strong commitment to bolstering bilateral trade, cooperation in aviation and high-tech sectors, and response to climate change, said the country's top envoy to Beijing.

  • Friday, May 19th 2023 - 10:20 UTC

    Construction of Chinese multipurpose mega port in Peru runs into trouble

    COSCO is building a 1.8 km tunnel under a residential neighborhood in the city of Chancay to connect the port with a highway

    Peru's Prosecution Office has launched an investigation into China’s COSCO Shipping Ports Ltd after a landslide at one of the company’s tunnel construction sites at the major mega-port of Chancay in the country. The incident, which took place in the coastal province of Huaral, damaged at least four houses near the tunnel and forced the company to suspend construction.

  • Friday, May 12th 2023 - 10:16 UTC

    Ecuador and China reach FTA

    The deal “puts Ecuador on the map of Asia,” Prado said

    Ecuador and China signed a free trade agreement (FTA) whereby the South American country will have access to a market of 1.4 billion people, it was reported in Quito on Wednesday. It was the second such pact signed under the administration of President Guillermo Lasso, following the one reached with Costa Rica.