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.
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.
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.
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.
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.
China and Chile have agreed to upgrade their free trade agreement (FTA), a move that will boost both economies, a former official of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) said.
President Donald Trump has said he does not blame China for the “unfair” trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China “credit” for working to benefit its citizens by taking advantage of the US.
United States president Donald Trump told Chinese President Xi Jinping on Thursday that he believes, like Xi, that a solution can be found to the North Korean nuclear issue, a day after warning Pyongyang of the grave danger of developing nuclear weapons.
Brazil is expected to win a larger share of China’s soybean imports in coming months, hitting U.S. exporters during the peak marketing season for their most valuable farm product as the world grapples with a fifth consecutive bumper crop.
President Xi Jinping has unveiled a new slate of top leaders that shows he reigns supreme in the Chinese Communist Party (CCP). He not only placed people loyal to him in key positions, but also defied convention in not naming potential successors to the party's top decision-making body, the seven-member Politburo Standing Committee (PSC).