Tag: China

Friday, October 31st 2014 - 08:08 UTC
Chinese relief for Argentina: central banks activate currency-swap

The central banks of Argentina and China on Thursday activated a bilateral currency-swap agreement, which meant that the Argentine central bank received an initial tranche of Yuan equivalent to 814 million dollars.
Thursday, October 23rd 2014 - 05:26 UTC
Jaguar-Land Rover begins production in China in joint venture with Chery

Tata group's Jaguar Land Rover established its first overseas manufacturing unit in China this week. The facility is the first joint venture between British auto maker Jaguar Land Rover and Chinese automotive company Chery Automobile Company Ltd.
Monday, October 20th 2014 - 07:15 UTC
China's leadership meets to crack down on 'abuse of power' and promote 'rule of the law'

Leaders of China's ruling Communist Party opened a highly-anticipated meeting Monday, as state media emphasized the need to tighten control over the country's legal system. Known as the Fourth Plenum, it brings together the party's 205-strong Central Committee and around 170 reserve members, along with officials from bodies including its much-feared internal watchdog, the Central Commission for Discipline Inspection.
Wednesday, October 1st 2014 - 07:05 UTC
China's reiterates support for Argentina in sovereign debt and Malvinas issues

Beijing's new ambassador before the Argentine government underlined the excellent relations between the two countries and reiterated China's support to Argentina in the issue of sovereign debt and claims over the Falklands/Malvinas Islands.
Tuesday, September 30th 2014 - 22:50 UTC
Argentina/China trade forecasted to boom in Yuan-denominated operations

Trade between Argentina and China could see a rise in Yuan-denominated operations after the bilateral currency swap deal that was sealed earlier this year, according to key leaders of the Sino-Argentine business community in Buenos Aires.
Saturday, September 20th 2014 - 09:30 UTC
Glaxo fined 490 million in China and apologizes for illegal activities

A Chinese court on Friday fined British drug-maker GlaxoSmithKline 3.0 billion Yuan (490 million dollars) following a nearly year-long bribery probe, the company said.
Saturday, September 20th 2014 - 00:04 UTC
Why China's insatiable appetite for coal has likely peaked

A recent report from Greenpeace found that China's coal consumption declined in the first half of this year and new Chinese government data suggests that the country's coal imports have dropped. Estimates indicate that by the end of the year, China's coal imports could be 8 percent below 2013 levels.
Tuesday, September 16th 2014 - 05:57 UTC
VisitBritain: UK to refund cost of visa for Chinese tourists in organized groups

British Chancellor George Osborne has announced plans to refund the cost of up to 25,000 visas for Chinese tourists in an attempt to attract more visits to the UK. It was one of a series of measures announced at an economic summit in London, attended by Chinese vice premier Ma Kai.
Friday, September 12th 2014 - 01:43 UTC
China constructing a satellite tracking station in Argentine Patagonia

A space tracking station for lunar exploration being built in Argentine Patagonia by China, as part of the strategic relation and accords between the two countries, has caused concern in the Argentine congress because of the secrecy surrounding the terms of the deal.
Wednesday, September 10th 2014 - 06:59 UTC
Argentina plays the China card to bolster reserves: 800m pledged in first tranche

The Argentine Central Bank foreign reserves would be bolstered this year with up to 800 million dollars in Yuans transferred by China due to the first tranche of the money of the swap agreement signed between both countries, according to banking sources in Buenos Aires.