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MercoPress, en Español

Montevideo, May 7th 2024 - 12:18 UTC

Tag: China

  • Wednesday, June 20th 2018 - 09:12 UTC

    Kim in China underlines “friendship, unity and cooperation” with Beijing

    Kim's two-day visit which ends Wednesday is designed to reassure Beijing that Pyongyang will not neglect its interests despite the summit with Trump

    Kim Jong Un declared North Korea's unstinting “friendship, unity and cooperation” with Beijing during his third visit to China this year, in a show of loyalty to his main ally following a landmark summit with US President Donald Trump.

  • Wednesday, June 20th 2018 - 08:50 UTC

    Cuba actively promotes foreign investment to prop the economy

    Minister of Industry Salvador Pardo, highlighted that the meeting is being attended by delegations from some 30 countries, including China, Russia, Spain, Germany

    The Cuban government opened on Monday the 3rd Edition of International Convention and Exhibition of Cuban Industry (CubaIndustria 2018), seeking to attract foreign investors to revitalize the country's economy.

  • Monday, June 18th 2018 - 08:34 UTC

    China knows better as Trump tariff strategy trsicks US voters

    In this trade war, it's the US who is playing the role of provocateur, while China plays defense. This scenario was the result of a US trade deficit with China.

    Global Times Editorial

    The Trump administration announced tariffs on Chinese high-tech and industrial imports worth of US$50 billion. The first round, on imports totaling US$34 billion, will begin July 6, while the second round is still under review.

  • Monday, June 18th 2018 - 08:30 UTC

    China forced to fight back with reciprocal tariffs

    Presidents Trump and Xi, when all was peace and love

    The following editorial on the current US/China trade war was published by the official news agency Xinhua,

  • Friday, June 15th 2018 - 10:55 UTC

    Markets waiting for Trump's announcement on US$ 50bn tariffs against China

    It is not clear when Trump will activate the measures, rising Sino-U.S. trade tensions, and putting additional pressure on China’s economy

    Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the Euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time. U.S. President Donald Trump has made up his mind to impose “pretty significant” tariffs and will unveil a list targeting US$ 50 billion of Chinese goods on Friday, an administration official said. Beijing has warned that it was ready to respond.

  • Tuesday, June 12th 2018 - 08:13 UTC

    Dairy prices push the FAO Food Price Index up in May

    The FAO Dairy Price Index increased 5.5% in May, averaging 11.5% higher than a year earlier. (FAO)

    Global agricultural food commodity prices rose in May, with dairy prices jumping significantly. The FAO Food Price Index averaged 176.2 points during the month, up 1.2% from April.

  • Monday, June 11th 2018 - 08:26 UTC

    Brazilian leading presidential candidate softens attitude towards China

    “I don’t want any country buying up Brazil, but we will do business with all countries and China is an exceptional partner,” Bolsonaro told reporters

    Rightwing presidential candidate Jair Bolsonaro said that China was an “exceptional partner” of Brazil, softening earlier criticism that Chinese investors were taking over Latin America’s largest economy. “We will continue being a partner of China,” Bolsonaro said when asked how he would treat Chinese investments if he wins the October election.

  • Friday, June 8th 2018 - 08:28 UTC

    China plans temporary anti-dumping measures on Brazilian broilers

    Brazil accounted for more than 50% of broiler products supplied to China, world’s No. 2 poultry consumer, between 2013 and 2016, the commerce ministry said

    China will impose temporary anti-dumping measures on Brazilian broiler chickens from June 9, the commerce ministry said on Friday, after finding in a preliminary ruling that its domestic industry has been substantially damaged by the imports. Local firms buying Brazilian chicken will be required to pay deposits ranging from 18.8% to 38.4% of the value of their shipments, the ministry said in a statement. The measures cover products supplied by top Brazilian exporters JBS and BRF.

  • Wednesday, June 6th 2018 - 08:45 UTC

    China and Argentina reinforce financial links with increased currency swap arrangement

    Cabinet chief Marcos Peña, said “we have an active swap with China that the previous government left us and we will try to make it bigger.”

    Argentina is looking to expand an existing currency swap arrangement with China, as Buenos Aires looks to stabilize the economy one month after applying for financial aid from the International Monetary Fund. In an interview with the Financial Times, Argentina’s Chief of Cabinet Marcos Peña, said “we have an active swap with China that the previous government left us and we will try to make it bigger.”

  • Monday, June 4th 2018 - 08:57 UTC

    Trade deal falls warns China, if US insists with imposing more tariffs

    China’s warning came after U.S. Commerce Secretary Wilbur Ross and China’s top economic official, Vice Premier Liu He, wrapped up a meeting in Beijing

    China said on Sunday it wouldn’t step up its purchases of United States products if President Donald Trump goes ahead with his threat to tax billions of dollars’ worth of Chinese imports. White House advisers insisted on fundamental changes in ties between the world’s two biggest economic powers.