Tag: China

Monday, May 25th 2015 - 07:21 UTC
Mexico compensates China for cancelling high-speed rail contract

Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m for cancelling a $3.75bn high-speed rail contract. CRCC was at the head of a consortium that had won the project last year, which was abruptly revoked shortly after being awarded.
Monday, May 25th 2015 - 06:25 UTC
Bachelet underlines close economic and political ties of Chile with China

Chile and China have enjoyed a positive and fruitful relationship and bilateral ties will further develop very strongly in the future, anticipated Chilean President Michelle Bachelet during an interview with Xinhua prior to Chinese Premier Li Keqiang's upcoming visit
Monday, May 25th 2015 - 06:20 UTC
Li Keqiang in Chile pledges to lift strategic partnership to a new height

Chinese Premier Li Keqiang arrived in Santiago on Sunday for an official visit to Chile, the first South American country with which China forged diplomatic ties (1970) and also the first Latin American nation with which China signed a free trade agreement.
Saturday, May 23rd 2015 - 10:27 UTC
China and Peru agree to study feasibility of transcontinental railroad

China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported.
Friday, May 22nd 2015 - 08:52 UTC
PM Li Keqiang in Bogotá: China and Colombia considering free trade accord

Chinese Premier Li Keqiang vowed to deepen economic ties with Colombia after arriving to Bogotá on Thursday, as part of his four-nation South American tour aimed at boosting trade and investment. Li is the highest-ranking Chinese official to visit Colombia since the two nations established diplomatic ties 35 years ago and his visit was hailed as historic by President Juan Manuel Santos.
Wednesday, May 20th 2015 - 05:44 UTC
Beijing to the rescue of sliding Brazil: 53bn dollars in trade, finance and investment

Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.
Tuesday, May 19th 2015 - 07:33 UTC
Chinese PM in Brasilia; Beijing prepared to invest 100bn in transport and energy

China's Premier Li Keqiang arrived in Brasilia on Monday to sign agreements on infrastructure, energy and aviation that experts say could reach 100 billion dollars. The South American tour also includes Colombia, Peru and Chile and aims to restructure China's resource-driven trade with Latin American countries by including more value-added products.
Friday, May 15th 2015 - 07:38 UTC
The project of a trans-continental railway, Atlantic to Pacific, with Chinese funds

Peru, Brazil and China are moving forward on a transcontinental railway that will cut across the continent, climb the Andes and connect port cities in the Pacific and Atlantic coasts.
Friday, May 15th 2015 - 07:23 UTC
Brazil waiting for 50bn dollars of Chinese support to overhaul infrastructure

China will invest 50 billion dollars to help overhaul Brazil's aging infrastructure, the government announced on Thursday, ahead of an official visit by Chinese Prime Minister Li Keqiang next week. Brazil has repeated that it was determined to overhaul its dilapidated roads, railways, airports and ports.
Friday, May 8th 2015 - 10:54 UTC
China superpower? It relies on imports for energy, iron and...water (for food)

Among the mountain of statistics produced by China every year, there is one impossible to ignore: according to the Ministry of Land and Resources 61.5% of China's ground water is too dangerous even to touch, which means that along with being unsuitable for agriculture or drinking this water is unfit for any human contact.