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MercoPress, en Español

Montevideo, May 7th 2024 - 12:42 UTC

Tag: China

  • Wednesday, May 9th 2018 - 08:39 UTC

    Despite Trump, Europe, Russia and China committed to the Iran nuclear deal

    UK, France and Germany say they “will work with all remaining parties” and urged the US not to obstruct its implementation of the Iran nuclear deal

    Western powers, Russia and China remain committed to the Iran nuclear deal - after the US announced it was withdrawing from the agreement. The UK, France and Germany say they “will work with all remaining parties” and urged the US not to obstruct its implementation and the other signatories to the 2015 deal - Russia and China - have also stressed their continuing support.

  • Monday, May 7th 2018 - 08:29 UTC

    Argentina and China among the most vulnerable markets, says IIF

    Experts reevaluated potential changes in investors’ interest in assets amidst the strengthening of the U.S. dollar, growth of interest rates and trade disputes.

    The markets of China, Ukraine, Argentina, South Africa and Turkey are the most vulnerable among all developing countries in terms of financing needs, reserve adequacy, asset valuation, institutional quality and trade resilience, according to a review by the analysts of the Institute of International Finance (IIF).

  • Saturday, May 5th 2018 - 08:58 UTC

    Beijing triggers Marx controversy in Germany with statue donation to his home town of Trier

    German local officials have appealed for calm as rival groups prepare for rallies in Trier on Saturday.

    Chinese gift of a statue of Karl Marx is dividing Germans, as his home town of Trier prepares to unveil it 200 years after his birth. Marx co-wrote the Communist Manifesto, which said that all human history had been based on class struggle. His work remains controversial in Europe but is presented by China as central to its way of governing.

  • Thursday, May 3rd 2018 - 08:29 UTC

    Dominican Republic drops Taiwan and establishes relations with Beijing

    The Dominican Republic said it believed its switch to ties with China would be “extraordinarily positive for the future of our country”, in an official statement

    The Dominican Republic and China announced on Tuesday they were establishing diplomatic relations as the Caribbean country became the latest nation to dump Taiwan, leaving it with just 19 diplomatic allies around the globe. Taipei said it was “deeply upset” at the decision, which it blamed on “dollar diplomacy”. The move deepens the island's international isolation while its giant neighbor flexes its economic and political might on the global stage.

  • Thursday, April 26th 2018 - 08:46 UTC

    Trade skirmish: China halts purchases of US soybeans, gives priority to Brazil

    At stake are 3 million tons of soybeans - estimated worth about US$1.3 billion - for which deals have been signed but cargoes have yet to leave U.S. ports, traders say

    China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum rattles the agriculture industry.

  • Thursday, April 26th 2018 - 08:37 UTC

    Outbreaks of FMD in swine farms in China and Korea

    The Korean outbreak was the first farm affected in Korea since February 2017 and an extensive vaccination campaign has been launched

    The Swine Health Information Center (SHIC) posted a new global swine disease monitoring report on earlier this month, with information on Foot-and-Mouth Disease (FMD) activity in China and Korea presenting the highest concern.

  • Monday, April 23rd 2018 - 09:22 UTC

    China and South Korea seek trade agreements with Mercosur

    South Korean PM Lee Nak-yon in March agreed with Brazilian President Michel Temer to start formal negotiations for a SK/Mercosur free trade deal by June

    China and South Korea are seeking to establish free trade agreements with Mercosur in a strategic response to Washington's increasingly protectionist stance. The East Asian initiatives have resonated well in a region where Washington is keeping its distance. U.S. President Donald Trump has not visited a single Latin American country since taking office in January 2017, and chose not to attend the Summit of the Americas, which recently concluded in Peru.

  • Wednesday, April 18th 2018 - 08:38 UTC

    Chinese economy expands at an annual rate of 6.8% in the first quarter, says Beijing

    The growth figures come amid concerns about China's outlook for exports which has been clouded by rising tensions with the US, its largest trading partner.

    China's economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth figures for January to March were also above Beijing's 2018 annual growth target of “around 6.5%”

  • Wednesday, April 18th 2018 - 08:32 UTC

    China opens its car manufacturing and market to foreign ownership

    China will remove foreign ownership caps for companies making electric and hybrid cars in 2018, commercial vehicles in 2020 and the wider market by 2022.

    China will allow full foreign ownership of car firms by 2022 in a move that could open up the world's biggest car market. The plans will change rules that require global carmakers to work through state-owned partners. The US says this forces them to share technology with potential competitors.

  • Tuesday, April 10th 2018 - 08:34 UTC

    China's Xi considers lowering import tariffs and duties

    Xi's address at the Boao Forum for Asia, (“Asian Davos”) — comes amid escalating trade tensions between China and the U.S.

    Chinese President Xi Jinping discussed plans to further open up the Chinese economy during a Tuesday address. Those measures included “significantly” lowering import tariffs for autos, decreasing duties on other products, enforcing the legal intellectual property of foreign firms and improving the investment environment for international companies.