Tag: China

Thursday, July 24th 2014 - 06:42 UTC
Xi's Latam visit ends in Cuba where China consolidated trade and financial relations

Chinese President Xi Jinping ended on Wednesday an eight-day trip through Latin America with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.
Tuesday, July 22nd 2014 - 23:17 UTC
China outdated meat supplier scandal hits McDonald's and KFC

Chinese branches of fast food chains, including McDonald's and KFC, have stopped using meat from a supplier in Shanghai following allegations it sold them out of date meat. According to Xinhua, the state-owned news agency, authorities in Shanghai have ordered the suspension of operations at Shanghai Husi Food Co.
Tuesday, July 22nd 2014 - 06:39 UTC
China/Argentina swap disagreements to be addressed by courts in London and Paris

Argentina's current confrontation in New York with Judge Thomas Griesa and the holdout speculative funds brings up the issue of having resigned the sovereignty of Argentine courts at the time of negotiating or restructuring foreign debt.
Tuesday, July 22nd 2014 - 06:25 UTC
Venezuela admits its ever growing dependency from China

Venezuela confirmed Monday that its relations with China have become a fundamental pillar for making progress in almost all sectors of its economy. With a new portfolio of accords and almost 5.7 billion in loans, Beijing will provide support in many key areas.
Monday, July 21st 2014 - 06:39 UTC
“An intense week” of negotiations in a world that “becomes multi-polar again”

President Cristina Fernández used her Twitter account on Sunday to comment on last week’s heavy agenda with the visit of Russia’s and China’s presidents and the BRICS-UNASUR summit in Brazil. “It has been an important week for Argentina,” she said.
Saturday, July 19th 2014 - 08:16 UTC
China extends a 'financial' hand to dollar and credit strapped Argentina

Argentina signed deals on Friday to borrow 7.5 billion dollars from China at a time when Buenos Aires cannot access global capital markets because of disputes over unpaid debt. Beijing also extended a three-year agreement for an 11bn swap operation between the central banks of Argentina and China.
Saturday, July 19th 2014 - 07:36 UTC
A money rich China and Brazil dispute influence in Latam

After the BRICS summit and a visit to Brazil, China's President Xi Jinping is embarking on a tour of Argentina, Venezuela and Cuba in a bid to boost ties and gain clout in the region, as analyst Victor Mijares tells Deutch Welle.
Saturday, July 19th 2014 - 06:41 UTC
China confirms its interest in Brazil with credit and infrastructure projects

China expanded its trade partnership with Brazil with 7.5 billion dollars in financing for Brazilian miner Vale, the purchase of 60 passenger jets from plane-maker Embraer and renewed commitment to invest in infrastructure.
Friday, July 18th 2014 - 08:39 UTC
China offers 35bn fund to finance infrastructure projects in Latin America

Chinese President Xi Jinping proposed Thursday to create a 20 billion dollars fund to finance infrastructure projects in Latin America and the Caribbean.
Monday, July 7th 2014 - 23:42 UTC
China economy with moderate growth in medium term, says World Bank

China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6% in 2014, and 7.5% in 2015, from 7.7% in 2013, according to the World Bank’s China Economic Update latest edition.