Tag: China

• Saturday, November 10th 2018 - 09:16 UTC

  Argentina's central bank almost doubles currency swap with China

  

  Argentina’s central bank said it would nearly double its currency swap deal with China, bringing the total to 130 billion Yuan (US$ 18.7 billion), as Beijing looks to expand its influence in the recession-struck country. Central Bank President Guido Sandleris, who was in China finalizing the agreement, said that the deal for 70 billion Yuan would be expanded by 60 billion Yuan, according to a bank spokesman.

• Friday, November 9th 2018 - 08:41 UTC

  China exports and surplus remain strong while imports started to pick up

  

  China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for a slowdown, suggesting Beijing’s growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.

• Thursday, November 8th 2018 - 11:54 UTC

  Brazil president elect backtracks on China, Israel, and insists with the pensions' reform

  

  Brazil president-elect Jair Bolsonaro backtracked on some of his more controversial pledges promising to expand trade with China and rethink the idea of moving the country’s embassy in Israel to Jerusalem. Bolsonaro is currently in Brasilia for various meetings with senior officials and transition arrangements.

• Thursday, November 8th 2018 - 08:30 UTC

  Macron calls on leaders for a “true European Army” to protect EU from China, Russia...and US

  

  French President Emmanuel Macron has warned that Europeans cannot be protected without a “true, European army”, as he marks the centenary of the World War One Armistice.

• Thursday, November 8th 2018 - 07:24 UTC

  US confirms “anti dumping” duties on Chinese aluminum products

  

  The U.S. Commerce Department on Wednesday said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminum sheet products of 96.3% to 176.2%. The decision marks the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985.

• Wednesday, November 7th 2018 - 08:47 UTC

  Bill Gates in China presents his latest revolution: futuristic toilets

  

  U.S. billionaire philanthropist Bill Gates unveiled on Tuesday in Beijing a futuristic toilet that doesn’t need water or sewers and uses chemicals to turn human waste into fertilizer. The Microsoft Corp co-founder, who a day earlier was one of the high profile guests at a major trade event in Shanghai, also lauded the globalized and free trade systems that made the toilet technology possible.

• Wednesday, November 7th 2018 - 08:43 UTC

  US and China agree to a top level meeting next Friday to ease bitter disputes

  

  The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.

• Saturday, November 3rd 2018 - 08:01 UTC

  Booming US economy sees September trade deficit reach it highest in seven months

  

  A hungry American economy powered by a strong U.S. dollar saw record imports in September, driving the U.S. trade deficit to its highest level in seven months, the government reported on Friday.

• Friday, November 2nd 2018 - 08:51 UTC

  US justice indicts Chinese individuals and companies for stealing US companies trade secrets

  

  US justice department has indicted three individuals and two companies based in China and Taiwan for allegedly stealing a US company's trade secrets. This is the fourth economic espionage case the department has brought against Chinese-based companies and individuals since September.

• Friday, November 2nd 2018 - 07:37 UTC

  US/China trade talks “moving along nicely”; Trump and Xi plan to meet at G20 in Argentina

  

  U.S. President Donald Trump and Chinese President Xi Jinping both expressed optimism on Thursday about resolving their bitter trade disputes ahead of a high-stakes meeting planned for the two leaders at the end of November in Argentina.