Tag: China

• 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.

• Thursday, January 8th 2015 - 05:34 UTC

  Maduro announces 20bn dollars in investment credits from China

  

  President Nicolas Maduro said on Wednesday he had secured a total of more than 20 billion dollars in investment from major creditor China for economic, social, and oil-related projects.

• Wednesday, January 7th 2015 - 06:20 UTC

  Brazil sends foreign minister to China/Celac meeting in Beijing

  

  Brazil's new foreign minister Mauro Vieira has left for Beijing to attend the first ministerial meeting between China and the Community of Latin American and Caribbean States, CELAC, according to reports from Brasilia.

• Tuesday, January 6th 2015 - 22:36 UTC

  China, Australia and Thailand with plans to improve submarine fleets

  

  China, Australia and possibly Thailand are planning to increase, replace or incorporate modern submarines to their fleets according to reports from Asia-Pacific countries. In the case of China they are expected to be nuclear-powered attack subs armed with ballistic missiles and should be operational by 2020.

• Tuesday, December 30th 2014 - 07:49 UTC

  US dollar set aside - China, Russia trade in local currencies

  

  New financial tools come into force as buffer against vulnerability to exchange rate fluctuations.