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MercoPress, en Español

Montevideo, April 26th 2025 - 04:43 UTC

Tag: China

  • Saturday, December 3rd 2016 - 09:53 UTC

    Two Chinese large-scale jiggers heading for the SW Atlantic, announces Pingtan

    Pingtan currently operates 135 fishing vessels, 12 of which are operating in the Bay of Bengal in India, along with 13 vessels operating in Indo-Pacific Waters.

    China's Pingtan Marine has announced the launch of two new squid jiggers, bound for the southwest Atlantic and southeast Pacific oceans. The two newly-completed vessels should reach fishing grounds by late December, and sales of squid catches are then expected to begin in the first quarter of 2017.

  • Thursday, November 24th 2016 - 13:49 UTC

    Trump not believed to dare start tariffs war out of fear of WTO fines

    The World Trade Organization might impose penalties should Trump make do of his promises against China

    Zhang Xiangchen, China's deputy international trade representative, said his country would defend its rights under World Trade Organization tariff rules should Trump uphold his campaign threats to levy punitive duties on China-made goods, which, according to an Auxtralian expert, is “very unlikely” to happen.

  • Wednesday, November 23rd 2016 - 10:59 UTC

    Partnership with Latin America and the Caribbean strategic for China

    The Presidents of Chile and China Xi Jinping and Michelle Bachelet at the ECLAC Media Summit in Santiago

    Chinese President said that his country's alliance with Latin America and Caribbean countries was of “strategic” importance as he opened the Economic Commission for Latin America and the Caribbean (ECLAC) Media Leaders Summit in Santiago.

  • Friday, November 18th 2016 - 08:27 UTC

    Trump-nomics: Speculation iPhones could soon be manufactured in the US

    “Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.,” a source told Nikkei.

    iPhones might soon be made in the U.S., a result of Donald Trump’s win on Election Day, according to Nikkei Asian Review report. Hon Hai Precision Industry, also known as Foxconn Technology Group, a main Apple assembler, has allegedly been looking into the possibility of making iPhones in the United States, sources revealed to Nikkei.

  • Wednesday, November 16th 2016 - 16:59 UTC

    A Troubling New President for Interpol

    “The appointment of Meng Hongwei is alarming given China’s longstanding practice of trying to use Interpol to arrest dissidents and refugees abroad”

    The following editorial was published by The New York Times - Interpol, the international law enforcement agency, has had a history of allowing its international database of fugitives to be used by authoritarian governments to persecute dissidents and critics. It is therefore deeply troubling that a senior Chinese security official will become the organization’s next president.

  • Tuesday, November 8th 2016 - 14:50 UTC

    Something is happening in China: new Finance and State Security ministers

    Xiao, 59, who is currently deputy secretary general of the State Council, replaces Lou Jiwei, who had served as finance minister since March 2013.

    China appointed a new finance minister on Monday who is expected to maintain an expansionary fiscal policy and push reforms to put a lid on rising debt levels in the economy. Xiao Jie, a former tax chief and Minister of Finance deputy minister, was named minister of finance, the official Xinhua news agency said on Monday.

  • Tuesday, October 25th 2016 - 10:29 UTC

    Macri and Vazquez agree that the trade approach to China should be done from Mercosur

    Macri said that his government understands Uruguay´s need to have access to other markets and open to the world's second largest economy.

    Argentine president Mauricio Macri promised his Uruguayan peer Tabare Vazquez to look into the draft of a Uruguay/China free trade deal, and expressed their deep concern about political events in Venezuela suggesting that under the current circumstances the Nicolas Maduro government cannot be considered a member of Mercosur.

  • Monday, October 24th 2016 - 18:11 UTC

    First Mercosur test for Uruguay´s free trade agreement negotiations with China

    President Vazquez and several ministers will meet with Macri(L)i in Buenos Aires to discuss an agenda of common interests

    Uruguay and Argentina, and their cabinets will be meeting this Monday in Buenos Aires to address a bilateral agenda, which was agreed long before hand, but the real issue will not necessarily be trade, dredging canals, pulp mills, customs or facilitating people's movement, but rather the negotiations for a free trade agreement which supposedly Uruguay is about to begin discussing with China.

  • Monday, October 10th 2016 - 23:13 UTC

    Global debt reached 225% of world GDP; concern with private debt buildup in China and Brazil

    “Excessive private debt is a major headwind against the global recovery and a risk to financial stability,” IMF Fiscal Affairs Director Vitor Gaspar warned

    The world is swimming in a record US$152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. Global debt, both public and private, reached 225% of global economic output last year, up from about 200% in 2002, the IMF said in its new Fiscal Monitor report.

  • Monday, October 3rd 2016 - 07:54 UTC

    Yuan becomes global reserve currency but China will have to relax capital controls and the exchange rate

    Inclusion in SDR is largely symbolic for China, which for years has tried to impose the Yuan globally, partly to move the world away from reliance on the US dollar

    The Chinese currency Yuan entered a new phase in its journey to become more important to the world economy: starting on Saturday the Yuan is officially a member of the International Monetary Fund’s basket of global reserve currencies. Together, this group of currencies, known as Special Drawing Rights (SDR), forms a kind of pseudo-currency—used only by the IMF—to supplement countries’ official reserves.