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MercoPress, en Español

Montevideo, March 7th 2025 - 03:14 UTC

Tag: China

  • Wednesday, March 5th 2025 - 10:38 UTC

    Trump's tariffs become effective, but new compromise expected

    Trump is expected to announce a compromise with Canada and Mexico as early as Wednesday, Commerce Secretary Howard Lutnick admitted

    The United States implemented tariffs on imports from Mexico, Canada, and China, triggering responses from these nations and causing a market meltdown. The tariffs include a 25% levy on imports from Mexico and Canada and an increase from 10% to 20% on goods from China. The move seeking to address fentanyl trafficking and border security has failed to meet expectations.

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  • Wednesday, March 5th 2025 - 09:12 UTC

    China halts meat imports from Brazil, Argentina, Uruguay, and Mongolia

    The main Argentine plant affected by the measure insisted on the lagging exchange rate between the peso and the US dollar as a key factor for the business to be profitable

    China’s customs authorities have suspended beef imports from seven meatpacking facilities across Brazil, Argentina, Uruguay, and Mongolia as of March 3, 2025. The affected companies include two Argentine exporters (Frigorífico Regional General Las Heras SA and Frio Dock SA), three Brazilian slaughterhouses (Frisa Frigorífico Rio Doce S/A, Bon-Mart Frigorífico Ltda, and JBS S/A), one Uruguayan facility (Frigorífico Sirsil SA), and a Mongolian supplier. No official reason for the measure was provided, though it follows a 2024 record of 2.87 million metric tons of beef imports, which led to an oversupplied market and historically low domestic beef prices in China.

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  • Monday, February 24th 2025 - 09:22 UTC

    China sells corn seeds to Argentina

    These seeds are known as the “chips of agriculture,” it was explained

    Citing sources in the eastern city of Qingdao, China's news service Xinhua reported Monday that 20 kilograms of corn seeds were shipped to Argentina in late January after being quarantined by the Asian country's customs. These seeds are known as the “chips of agriculture,” it was also explained as Chinese authorities deemed this export as a milestone.

  • Wednesday, February 12th 2025 - 09:48 UTC

    Bolivia's lithium company says deal with Chinese partners is risk-free

    The Chinese company has three years to start collecting top-quality lithium or leave Bolivia with no compensation after investing over US$ 1 billion

    Yacimientos de Litio Bolivianos (YLB) Legal Manager Pablo Nina warned Tuesday that the Chinese company Hong Kong CBC has three years to extract a mineral with 99.5% purity and 80% recovery in the raw material processing or face the dismantling of its two battery-grade lithium carbonate production plants in the Uyuni salt flat and leave the country.

  • Monday, January 27th 2025 - 08:57 UTC

    Chinese researchers use six-legged robotic dogs in Antarctica mission

    Developers hope to extend the battery duration and include other safety features shortly

    Chinese researchers proudly released pictures of the six-legged robot dogs used during the ongoing Antarctic mission at the Zhongshan polar research station this past weekend. These robot dogs can carry up to 100 kilograms of tools and materials and are suitable for operations in extreme weather conditions of -40 degrees Celsius.

  • Friday, December 13th 2024 - 10:40 UTC

    Fears of illegal goods trading as China’s takes control of Latin American ports along the Pacific

    Containerized seaborne trade accounts for 90% of global trade, with over 500 million units shipped each year, but UNODC says fewer than 2% of shipments are inspected

    A report by the Washington-based think tank, the Center for Strategic and International Studies (CSIS) indicates strong concern with the increasing number of Chinese-operated ports in Latin America, fearing an increase in criminal networks and the trafficking of illicit goods and smuggling.

  • Saturday, December 7th 2024 - 10:56 UTC

    Chinese diplomat faces imminent expulsion from Paraguay

    Xu Wei is accused of meddling with the South American country's internal affairs while in Asunción for UNESCO talks

    The Government of Paraguay insisted Friday that it would proceed to the expulsion of Chinese diplomat Xu Wei from the country should he fail to leave by Saturday after his visa was revoked. Migrations Director Jorge Kronawetter explained that after the measure Xu lost his right to enter or stay in the country and has 24 hours to leave.

  • Thursday, December 5th 2024 - 09:33 UTC

    US financing could boost development of yet another megaport in Peru

    In the meantime, Chancay continues to grow as a key point for trade with Asia

    Peruvian media have reported on the alleged interest of the United States in funding the southern port of Corío, in Arequipa, to match the Chancay Megaport opened in northern Lima last month and built with China's support. However, there are still administrative and technical challenges to overcome before Corío can consolidate itself as a direct competitor in international trade.

  • Monday, November 18th 2024 - 09:59 UTC

    China's Xi Jinping all for deeper relations with Chile

    Beijing and Santiago will celebrate 55 years of diplomatic ties next year

    Chinese President Xi Jinping told his Chilean counterpart Gabriel Boric Font in Lima on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in the Peruvian capital that he hoped to expand cooperation between both countries with free trade and open industrial policies. The Asian leader also highlighted that Chile was the first South American country to establish diplomatic relations with the People's Republic of China.

  • Monday, October 21st 2024 - 08:39 UTC

    Chinese tourists growing interest in visiting Antarctica

    In an interview with TravelDaily China, Joe Zou, Hurtigruten's Sales Director for Greater China and Southeast Asia, highlighted that Chinese tourists accounted for about 20%-25% of their voyages

    In the 2023-2024 Antarctic tourism cruise season, a record 9,384 Chinese tourists visited Antarctica, according to data from IAATO. And this coming season, 24-25 the Hurtigruten cruise line, according to its Shanghai sales office is expecting 600 Chinese tourists to visit the Arctic Islands and more than 1,400 Antarctica.

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