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Montevideo, May 20th 2026 - 07:48 UTC

Tag: China

  • Monday, January 21st 2019 - 09:05 UTC

    China's economy expands at its slowest rate since 1990

    For the full year China expanded at 6.6%, its slowest rate since 1990. The data underlines concern about weakening growth in the world's second largest economy

    China's economy continued to slow in the last quarter of 2018, official figures showed, stoking fears about the impact on the global economy. In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5% in the previous quarter. For the full year China expanded at 6.6%, its slowest rate since 1990.

  • Saturday, January 19th 2019 - 09:28 UTC

    Brazilian lawmakers trip to China triggers strong controversy among Bolsonaro's bunker

    Bolsonaro has accused China of wanting to “buy Brazil” by taking control of strategic companies, raising friction with Beijing but alarming his economic team.

    A trip to China by lawmakers from Brazilian President Jair Bolsonaro's party has stirred anger in the far-right leader's entourage, partly because of his wariness of the Asian power but also because of the group's stated mission. The delegation of eight members of Bolsonaro's ultraconservative Social Liberal Party (PSL) said it was on the visit to check out Chinese facial-recognition technology, with a view to it maybe being used in Brazil to combat crime.

  • Saturday, January 19th 2019 - 09:18 UTC

    Argentina/China companies link up to launch satellites for an Earth-observation constellation

    The first launch by the China Great Wall Industry scheduled for later this year will deliver 13 satellites to low Earth orbit on China’s Long March 6 rocket

    An international space venture called Satellogic says it will have 90 satellites launched by a Chinese company to create an Earth-observing constellation. The first launch by the China Great Wall Industry Corp. under the newly announced deal, scheduled for later this year, will deliver 13 satellites to low Earth orbit on China’s Long March 6 rocket, Satellogic announced in a news release.

  • Saturday, January 19th 2019 - 08:50 UTC

    Germany plans to block China's Huawei products from its 5G network

    Many countries have pushed against the involvement of the Chinese technology firm in their 5G networks over security concerns

    Germany is considering ways to block Huawei from its next-generation mobile phone network, according to reports. Berlin is exploring stricter security requirements which may prevent Huawei products being used in its 5G network.

  • Friday, January 18th 2019 - 09:23 UTC

    US investigating China's Huawei for “stealing trade secrets” from American partners

    The WSJ said the investigation stems in part from a lawsuit that telecoms company T-Mobile brought against Huawei in 2014.

    The United States is reportedly investigating Huawei for “stealing trade secrets” from American business partners in the latest action against the Chinese technology giant. The criminal inquiry was first reported by the Wall Street Journal (WSJ).

  • Thursday, January 17th 2019 - 09:08 UTC

    China injects US$ 83bn to the financial system hoping to prop a declining economy

    The People’s Bank of China (PBOC) said Wednesday’s injection was aimed at ensuring there are ample funds in the financial system

    China’s central bank injected a record US$ 83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging to step up stimulus measures this year and do more to protect jobs as economic growth cools to 28-year lows.

  • Tuesday, January 15th 2019 - 09:23 UTC

    Macri praises Chinese investment in hydropower projects in Patagonia

    “The truth is that this project is going to mark a turning point for Patagonia, for Argentina ... it is going to generate energy for 1.5 million homes” Macri said

    Argentina's president Mauricio Macri on Monday said the joint Argentina-China hydropower megaproject is “highly important” and “emblematic” in terms of renewable energy and economic development. Macri made the remarks during his first official visit to the construction site of the project, where two hydroelectric dams, Condor Cliff and La Barrancosa, are being erected along the Santa Cruz River in Patagonia to boost national energy output.

  • Tuesday, January 15th 2019 - 08:41 UTC

    China's trade figures point reveals a strong weakening of the economy, and global demand

    The figures indicate a further weakening in the strength of the world's second biggest economy and sent Asian stock markets lower on Monday

    Chinese exports saw the steepest fall for two years in December, according to the latest trade figures. Exports from China fell 4.4% last month compared with the year before, while imports fell 7.6%. The figures indicate a further weakening in the strength of the world's second biggest economy and sent Asian stock markets lower on Monday.

  • Friday, January 11th 2019 - 12:39 UTC

    World oceans warming up more rapidly, caution US and Chinese scientists

    About 93 per cent of excess heat - trapped around the Earth by greenhouse gases that come from the burning of fossil fuels - accumulates in the world's oceans

    The world's oceans are heating up at an accelerating pace as global warming threatens a diverse range of marine life and a major food supply for the planet, researchers said on Thursday. The findings in the US journal Science, led by the Chinese Academy of Sciences, debunk previous reports that suggested a so-called pause in global warming in recent years.

  • Friday, January 11th 2019 - 08:48 UTC

    China's “insatiable appetite” for seafood is straining South America's resources

    Juan Carlos Sueiro, Oceana director for Peru told Dialogo that Peru and Argentina saw ”the largest congregation of these (Chinese) vessels in the world.”

    China's “insatiable appetite” for seafood is straining the limited abilities of South American countries to enforce their maritime boundaries, according to an article in Dialogo, a website run by US Southern Command. Countries on the Atlantic and Pacific coasts have been affected, and most of the illicit fishing activity in those areas is done by Chinese vessels.