Tag: China

• Wednesday, January 31st 2018 - 09:14 UTC

  Top Beijing official warns of risks facing China's “messy” financial system

  

  The level of risk facing China’s financial system could be higher than was seen in the United States before the global crash, according to a former Chinese finance minister. Speaking at a forum in Beijing over the weekend, Lou Jiwei, now chairman of the National Social Security Fund Council, also described the state of China’s financial sector as “messy”.

• Friday, January 26th 2018 - 09:46 UTC

  Uruguay and China flirt with a trade agreement, but Mercosur is not convinced

  

  Chinese Foreign Minister Wang Yi said that Beijing is willing to negotiate step by step, a free trade agreements with Uruguay and other countries in South America, particularly members of Mercosur.

• Tuesday, January 23rd 2018 - 09:08 UTC

  Chile praises Beijing for its leadership and rejecting protectionism

  

  Chile’s foreign minister welcomed Chinese representatives to a meeting with Latin American and Caribbean countries and praised Beijing for rejecting protectionism as the United States backs away from global trade.

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

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

  

  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

  

  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 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

  

  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

  

  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

  

  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

  

  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.