Tag: China

• 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.

• Tuesday, September 9th 2014 - 04:00 UTC

  China exports up 9.4% in August over a year ago, but imports were down 2.4%

  

  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.

• Monday, September 8th 2014 - 06:35 UTC

  China aids Argentina: a billion dollars in Yuan pledged by end of the year

  

  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.

• Thursday, September 4th 2014 - 05:20 UTC

  Argentina's dispute with holdouts “will not affect” Chinese investments, says Beijing

  

  The current legal dispute between Argentina and holdouts (“vulture funds”) suing the country over its defaulted bonds “will not affect” planned Chinese investments, since Argentina and China have a 'strategic association', the head of the National Commission of Development and Reform (CNDR) of China Xu Shaoshi, warned on Wednesday.