Tag: China

• 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.

• Tuesday, May 5th 2015 - 17:50 UTC

  China warms up to Taiwan and calls for future relations on an “equal basis”

  

  Chinese President Xi Jinping met with the chairman of Taiwan's ruling Nationalist Party (KMT) in Beijing on Monday for the highest-level meeting between the two sides since 2009.

• Thursday, April 30th 2015 - 07:29 UTC

  Beware: China announces plan to seven-fold increase Antarctic krill catches

  

  Conservation groups and scientists worry that China’s push to boost its harvest of krill -- a shrimp-like creature used for aquaculture feed and human supplements -- may leave Antarctica’s whales, seals and penguins struggling to survive. China’s leaders say they want a seven-fold increase in krill production, according to a recent report in the state-owned China Daily newspaper.

• Wednesday, April 29th 2015 - 09:22 UTC

  Argentine central bank increases reserves to highest level since November 2013

  

  Argentina's central bank bought 630 million of dollars on the local currency market on Tuesday in one of its largest-ever purchases, a move that will bolster the country's precariously low hard currency reserves. Some 500 million of the dollars purchased were proceeds from last week's 1.5 billion auction of bonds by state energy company YPF.

• Wednesday, April 22nd 2015 - 06:35 UTC

  Petrobras receives financial support from China and local banks

  

  Brazilian state-run oil company Petrobras approved a series of financial agreements with local and international banks that will meet its financing needs in 2015, the company announced. In a filing with local stock regulators, Petrobras said that the deals will provide the company with access to about 6.2 billion dollars, including a 3.5bn financing contract reached with China Development Bank on April 1.