Tag: China

Monday, February 9th 2015 - 12:32 UTC
China's import of key commodities falls sharply during January

China's imports of key commodities eased in January after the record high set in December, as expected as the earlier heavy purchases to take advantage of weak prices had swollen inventories, preliminary customs data released has shown.
Thursday, February 5th 2015 - 13:17 UTC
China's Navy in procurement spree to build its second aircraft carrier

The construction of China's second aircraft carrier appears to be imminent, reports the Global Times, a tabloid under the auspices of the Communist Party mouthpiece People's Daily.
Thursday, February 5th 2015 - 11:10 UTC
Cristina Fernandez hails 'strategic partnership' with China; blasts Argentine industry for mistrusting agreements

President Cristina Fernandez expressed her satisfaction for the over 1,000 businessmen that attended the Argentinean-Chinese forum she presided in Beijing and praised the 'strategic partnership' with China. The president also rejected criticism voiced by the Argentine Industrial Union (UIA) against her trip to China and the bilateral deals reached.
Thursday, February 5th 2015 - 10:39 UTC
China eases credit to help boost growth; 7.4% in 2014 was the lowest in 24 years

China's central bank has cut the level of funds banks must hold in reserve in an effort to boost growth in the world's second-largest economy. The reserve requirement ratio has been cut by 0.5 percentage points to 19.5%.
Sunday, February 1st 2015 - 21:52 UTC
First tranche of Chinese loan to build dams in Argentine Patagonia; CFK en route to Beijing

The construction of the Nestor Kirchner and Jorge Cepernic dams in Santa Cruz, Patagonia is finally set to begin now that China has deposited the first 287.7 million dollars tranche of funding for the massive 4.71 billion project, Argentine President Cristina Fernández announced before leaving for a state visit to China.
Monday, January 19th 2015 - 07:36 UTC
Argentine central bank confirms policy restricting access to foreign currency

Argentina will not end its controls restricting access to foreign currency in the near term, Central Bank President Alejandro Vanoli was quoted as saying in an interview published on Sunday in the government supported newspaper Pagina 12.
Wednesday, January 14th 2015 - 22:46 UTC
Chinese jet fighters, an option to re-equip the Argentine Air Force

China has emerged as a possible supplier of jet fighters to help modernize the Argentine Air Force, depleted since the 1982 Falklands' war, according to reports from Defense News. In effect the FC-1/JF-17’s, 'Thunder' operational with the Pakistani air force and proven in combat could be a suitable, accessible option for the Argentines after the Spanish, French, Israeli offers seem to have fallen through.
Tuesday, January 13th 2015 - 08:36 UTC
Cristina Fernandez to Beijing in February; more financial support from China

Argentine President Cristina Fernandez will be travelling to Beijing next month, reciprocating a visit from her Chinese counterpart Xi Jinping last July, it was officially announced by chief of staff Jorge Capitanich. The meeting was anticipated last Friday in a meeting of the two countries foreign ministers on the sidelines of the CELAC/China ministerial forum held last week in Beijing.
Saturday, January 10th 2015 - 06:44 UTC
Argentina's comprehensive strategic (and vital) association with China

Argentina and China entered a new phase of their relationship in July last year after upgrading it to a “comprehensive strategic association” and signing a battery of agreements, which include a 4.7 billion investment in hydroelectric dams, 2.09 billion in the renovation of the rail system and an 11 billion currency swap.
Saturday, January 10th 2015 - 06:41 UTC
China pledges 250bn in investments and 500bn in bilateral trade with Latam

Chinese President Xi Jinping pledged on Thursday 250 billion dollars in investment in Latin America over the next five years as part of a drive to boost resource-hungry China’s influence in the region.