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MercoPress, en Español

Montevideo, May 19th 2024 - 15:47 UTC

Tag: China

  • Friday, January 19th 2018 - 09:27 UTC

    Beijing claims economy growth picks up after seven years, but there are doubts about Chinese stats

    But many China watchers believe the GDP numbers are much weaker than the official figures suggest. This month alone, the governments of Inner Mongolia and of the large industrial city of Tianjin have

    China's economy grew by 6.9% in 2017 according to official data - the first time in seven years the pace of growth has picked up. The figure beats Beijing's official annual expansion target of about 6.5% and is good news for the global economy since China's impact and the better-than-expected data is likely to cheer investors around the world.

  • Friday, January 19th 2018 - 09:13 UTC

    China poured US$ 21bn into Brazil in 2017 taking advantage of recession asset prices

    Brazil expects Chinese investment to continue increasing this year as asset prices remain low after the recession that ended last year but economic growth picks up.

    China invested US$20.9 billion in Brazil in 2017, the most since 2010 as a recession helped push down asset prices and attracted investors, according to Brazil’s planning ministry.The energy, logistics and agriculture sectors drew the most Chinese capital, including investments in Brazil’s rich pre-salt oil fields and China’s State Power Investment Corp US$2.25 billion deal to operate the São Simão hydropower plant.

  • Thursday, January 18th 2018 - 09:44 UTC

    China and Japan slow down purchase of US Treasury securities

    China's holdings of U.S. treasuries dropped by US$ 12.6bn to US$ 1.1766 trillion in November last year. China remained the largest holder of U.S. treasuries.

    China cuts its holdings of U.S. Treasury securities in November 2017 after adding US$ 8.4bn in October. China's holdings of U.S. treasuries dropped by US$ 12.6bn to US$ 1.1766 trillion in November last year. China remained the largest holder of U.S. treasuries.

  • Thursday, January 18th 2018 - 09:11 UTC

    All cuts of Argentine beef and lamb have full access to the Chinese market

    Until this agreement, Argentina only had access to China with frozen boneless beef, which are low price cuts, nevertheless represented 50% of Argentine beef exports.

    Argentina and China signed a “historic” agreement that opens the huge Asian market to beef and lamb with bone from the South American country, according to Senasa the Argentine agriculture and livestock sanitary office. The deal concludes fifteen years of negotiations and means access to the world's largest importer of beef.

  • Wednesday, January 10th 2018 - 10:18 UTC

    Workshop on Chinese outbound tourism scheduled at FITUR in Madrid

    A workshop on Chinese outbound tourism (17 January) will be among the first activities of UNWTO at FITUR

    The UN World Tourism Organization, WTO, Awards on Innovation and Excellence in Tourism, African and Middle East tourism development and the Chinese Market among the activities of the World Tourism Organization (UNWTO) during the 38th edition of the Madrid International Tourism Fair (FITUR, January 17-21), the yearly kick-off for the world’s leading tourism meeting points.

  • Friday, January 5th 2018 - 10:39 UTC

    Chinese locomotives to revive Argentina's cargo train network

    Manufactured by China's CRRC Qishuyan, locomotives are a comprehensive plan to reactivate the rail system by modernizing its aging infrastructure

    A new shipment of Chinese-made locomotives arrived in the Port of Buenos Aires on Wednesday to revive Argentina's key Belgrano Cargas cargo train network. The eight locomotives will form part of a strategic rail line that traverses northern Argentina's agricultural heartland and connects producers with the eastern exporting hub of Rosario, a port located 300 km north of the capital.

  • Thursday, January 4th 2018 - 05:38 UTC

    China announces it will begin “a greater push” to conquer trade in the hemisphere

    “China will adopt the participation and active promotion of economic globalization, and the perseverance in openness,” Yang wrote in a guest column in Clarín

    In a Spanish-language opinion piece in one of the nation’s largest newspapers, Chinese Ambassador to Argentina Yang Wanming urged Latin American nations to increase trade ties to China, promoting Beijing’s “One Belt One Road” project and warning Beijing will begin a “greater push” to conquer trade in the hemisphere.

  • Tuesday, December 26th 2017 - 09:43 UTC

    Maiden flight for world's largest amphibious aircraft, China's AG600

    China approved development of the AG600 in June 2009, with the work taken on by Aviation Industry Corp of China, the country’s leading aircraft maker.

    The world’s largest amphibious aircraft, the Chinese-made AG600, carried out its maiden flight on Sunday morning in Zhuhai, a coastal city in Guangdong province. An AG600, piloted by four crew members, took off from the Zhuhai Jinwan Airport at 9:50 am and remained airborne for about an hour before returning.

  • Saturday, December 23rd 2017 - 12:01 UTC

    Venezuelan minister praises China and lashes out at the US, in Beijing

    “Our country is under permanent attack and aggression from the United States of America,” Arreaza said sparing no words in praising China

    Venezuela’s foreign minister blamed the United States for his country’s spiraling debt crisis, saying Washington’s “permanent attack” had left the economy crippled. Jorge Arreaza lashed out at Donald Trump, US and European sanctions, and American interference in Venezuela’s internal affairs at the Venezuelan embassy in Beijing during a three-day official visit.

  • Wednesday, November 22nd 2017 - 17:47 UTC

    Air China has “temporarily suspended” flights to Pyongyang

    In April, Air China said it was cutting the frequency of flights to its isolated neighbor. Chinese charter services to North Korea have been scrapped as well

    Beijing-owned Air China airline has ended flights to the capital of North Korea Pyongyang, due to a lack of passenger demand. Flights were “temporarily suspended due to unsatisfactory business operations,” said an Air China employee.