Tag: China

• Saturday, November 22nd 2014 - 06:00 UTC

  World markets celebrate after China cuts benchmark interest rates

  

  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.

• Tuesday, November 18th 2014 - 06:26 UTC

  China and Australia seal major free trade agreement after a decade of talks

  

  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.

• Tuesday, November 18th 2014 - 06:12 UTC

  China and Brazil confirm closer trade and investment ties

  

  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.

• Monday, November 10th 2014 - 19:56 UTC

  Hong Kong-Shanghai stock exchanges link will allow trading across the border

  

  Regulators have approved a long-awaited plan to connect the Hong Kong and Shanghai stock exchanges. The Shanghai-Hong Kong Stock Connect will allow investors to trade across the border for the first time and is set to begin on 17 November.

• Sunday, November 9th 2014 - 10:01 UTC

  Mexico's cancels contract to build a high-speed passenger train link

  

  Mexico has abruptly cancelled a 3.75bn dollars contract awarded on Monday for a Chinese-led consortium to build a high-speed passenger rail link. President Enrique Peña Nieto said he wanted to avoid “any doubts about the legitimacy and transparency” of the bidding process.

• Wednesday, November 5th 2014 - 07:05 UTC

  China rolling stock manufacturer to begin maintenance operations in Argentina

  

  China’s rolling stock manufacturer China South Railway, CSR-Sifang will establish a presence in Argentina in a workshop currently ran by State-owned Trenes Argentinos Operadora Ferroviaria, Interior and Transport minister Florencio Randazzo announced on Tuesday.

• Wednesday, November 5th 2014 - 06:43 UTC

  The end of an era: Is the US petrodollar under threat?

  

  Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East.

• Tuesday, November 4th 2014 - 09:22 UTC

  Brazil with the largest trade deficit for October in 16 years

  

  Brazil ran a trade deficit of 1.17 billion last month, the largest shortfall for October in 16 years, the government said on Monday. Imports totaled 19.5bn, while exports amounted to 18.3bn, the Ministry of Development, Industry and Foreign Trade said in a report.

• 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.