Tag: China

• Monday, February 29th 2016 - 09:03 UTC

  G20: Beijing tailors generic final declaration with no specific mention to China's problems

  

  China pulled off a defensive win at the Shanghai Group of 20 (G20) meeting of global finance leaders after months of angst abroad over its economic and policy direction. For starters, there was no specific concern over China in the communiqué released late Saturday.

• Monday, February 22nd 2016 - 08:28 UTC

  Brazil heading for a record crop of 100 million tons of soybeans

  

  As the soybean harvest gets under way in Brazil, analysts are having a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tons despite hot and dry weather in Mato Grosso and northeastern Brazil as pods set and fill.

• Monday, February 15th 2016 - 07:20 UTC

  With Chinese New Year over, central bank reaffirms strong Yuan policy

  

  Chinese central bank governor Zhou Xiaochuan has accused “speculative forces” of targeting the country's currency, the Yuan, and argued there was no reason for the Yuan to keep depreciating in value and that China would not let international speculators dominate market sentiment.

• Monday, February 1st 2016 - 09:36 UTC

  China's manufacturing contracts for sixth month running in January

  

  Activity in China's manufacturing sector contracted for the sixth month in a row in January - and hit its lowest level since 2012. According to the government's latest factory survey, the Purchasing Managers' Index (PMI) showed a reading of 49.4 for the month compared to December's reading of 49.7.

• Tuesday, January 12th 2016 - 06:25 UTC

  Chile seaweed exports net 209 million dollars in nine months

  

  Seaweed exports from Chile reached 209 million dollars in the first nine months of the year, which is 16.4% below the same period in 2014.According to the latest Boletín de Exportaciones Pesqueras y de Acuicultura de Chile, (Fisheries and Aquaculture exports report) prepared by the Economy Department of the Fisheries Development Institute (IFOP), the contribution of these products to total income received from the sector's exports was 5%.

• Thursday, January 7th 2016 - 08:46 UTC

  World bank slashes 2016 global economy growth forecast; points to disappointing “China and Brazil”

  

  World Bank slashed its growth forecast for the global economy in 2016, citing “disappointing” growth in major emerging market economies like China and Brazil. The bank has cut its previous June forecast for global economic expansion in 2016 by 0.4 percentage point to 2.9%, though that is still faster than 2015's sluggish 2.4%, which itself missed an earlier prediction.

• Tuesday, January 5th 2016 - 08:57 UTC

  Chinese markets recover after Monday's trading suspension; central bank injects funds

  

  Mainland Chinese shares recovered early losses amid volatile swings, following Monday's suspension of trading which led to a global equities sell-off. The Shanghai Composite was up 0.8% at 3,324.27 after opening more than 3% lower, while the Hang Seng also changed direction to head up 0.1% to 21,342.09.

• Saturday, December 19th 2015 - 04:41 UTC

  China's demand for infant milk makes NZ company shares surge 140% in one year

  

  Shares in New Zealand dairy firm - The a2 Milk Company (A2) - were up more than 30% in Sydney on Friday after the firm raised its full-year earnings forecast on demand for its infant formula in China and Australia. It is the second time since November the company has raised its guidance.A2 said group revenue could reach US$ 212 million for the period, up from US$180.

• Wednesday, December 2nd 2015 - 09:28 UTC

  China and Brazil agree on further cooperation and on climate change

  

  Chinese President Xi Jinping and Brazil's Dilma Rousseff met in Paris on the sidelines of the ongoing climate talks, and agreed to strengthen cooperation in a number of areas including a common position regarding global warming.

• Tuesday, December 1st 2015 - 08:11 UTC

  India outpaces China in economic growth boosted by domestic demand and manufacturing

  

  India's economic growth picked up in July-September, outpacing China on improving domestic demand and manufacturing activity, and the acceleration could persuade the country's central bank to keep interest rates unchanged at its Tuesday meeting.