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.
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.
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.
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.
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.
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.
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.
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.
China's latest export numbers rose by 9.4% in August from a year earlier, beating forecasts of about 8% growth. The official data showed imports dropped by 2.4% from the year before, though, which left the country with a record surplus of 49.8bn dollars.
Argentina's central bank chief, Juan Carlos Fabrega, met his Chinese counterpart Zhou Xiaochuan in Basilea, Switzerland on Sunday to discuss how a currency swap worth billions of dollars will be put into action, the Argentine monetary authority said.