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.
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.
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.
New financial tools come into force as buffer against vulnerability to exchange rate fluctuations.
Victory Front pushes forward with two projects aimed at reshaping the scenario in view of next year's presidential campaign.
Protesters, skepticism did not stop the administration of President Daniel Ortega. Project seeks to reshape country's poor economy,
China's factory activity slowed by more than expected in November, highlighting how a cooling economy is impacting its vast manufacturing sector. The official purchasing managers' index (PMI) dipped to 50.3 in November from October's 50.8, closer to the 50 point mark that separates growth from contraction. It was below the 50.6 level expected by economists.
China's central bank on Friday unexpectedly cut benchmark interest rates for the first time in more than two years, as authorities seek to prop up flagging growth in the world's second-largest economy.
China and Australia have sealed a major free trade agreement, as Chinese President Xi Jinping made a rare address to parliament in Canberra. The deal, the result of a decade of talks, will open up markets worth billions of dollars, Canberra says.
Chinese President Xi Jinping met his Brazilian counterpart Dilma Rousseff in Australia on the sidelines of the G20 summit, calling for substantial progress in China-Brazil railway cooperation and further expanding trade and investment.