Tag: China

Wednesday, May 21st 2014 - 06:23 UTC
China protests US claims of cyber spying and warns of ‘harmed relations’

China has summoned the US ambassador who had accused five Chinese military officers of hacking into American companies to steal trade secrets, warning Washington it could take further action, the foreign ministry has said.
Monday, April 28th 2014 - 08:48 UTC
Chinese minister underlines the 'strategic' significance of Brazil for Beijing

The relationship between China and Brazil has “extensive significance” due to their position as two primary emerging market countries and economies, visiting Chinese Foreign Minister Wang Yi said here in Brasilia.
Thursday, April 24th 2014 - 08:11 UTC
Argentine and China reaffirm close trade and political links

Argentine President Cristina Fernández received on Wednesday China’s Foreign Ministry Wang Yi and signed several trade agreements, including aerospace infrastructure at the Government House, Buenos Aires City. During the meeting, the president was accompanied by Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof, Federal Planning Minister Carlos Julio De Vido and Foreign Minister Héctor Timerman, with whom Wang Yi had a previous meeting.
Thursday, April 24th 2014 - 07:59 UTC
China making inroads into Brazilian trade with Argentina, says CNI

Argentina's economic situation has hit Brazil harder than its other commercial partners, as China has been making inroads into Brazilian trade with Argentina. Chinese exports to Argentina have more than tripled in the last ten years, according to a study carried out by Brazil's National Confederation of Industry, (CNI).
Wednesday, April 23rd 2014 - 05:37 UTC
Brazil anticipates lower soy exports because of a weaker Chinese demand

Brazilian soy crushing association Abiove said on Tuesday the nation would export 43 million tons of soybeans from this season's nearly harvested crop, down from its forecast of 44 million tons a month earlier due to weaker Chinese demand.
Thursday, April 17th 2014 - 07:47 UTC
Yuan is 'significantly undervalued' US Treasury tells China

United States has told China its currency must be allowed to rise if it and the global economy are to see stable growth. The US Treasury's twice-yearly report to policymakers says the Yuan is “significantly undervalued”.
Tuesday, April 8th 2014 - 19:10 UTC
China and East Asia expected to grow at slower pace this year, says World Bank

The World Bank has trimmed its growth forecast slightly for China, citing a “bumpy start to the year”. It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of disappointing figures has triggered concerns of a slowdown in the world's second-largest economy.
Monday, April 7th 2014 - 05:34 UTC
China's COFCO joins world's top grain-traders select club

COFCO Corp has agreed to pay 1.5 billion dollars for a majority stake in Noble Group Ltd's agribusiness, its second acquisition in less than two months, as China's largest grain trader seeks to strengthen its market position worldwide.
Friday, March 28th 2014 - 06:45 UTC
London becomes hub for Chinese currency dealings and clearing

The Bank of England has agreed a deal with the People's Bank of China to make London a hub for Chinese currency dealing. The memorandum of understanding, to be signed next Monday, sets out settlement and clearing arrangements for the Renminbi, or Yuan, in London.
Tuesday, March 25th 2014 - 23:09 UTC
China's manufacturing sector contracted in March, according to private survey

China's manufacturing sector showed further contraction in March, according to a new report which mainly tracks activity in smaller factories. The HSBC Purchasing Managers' Index (PMI) gave a reading of 48.1 for March, compared to 48.5 in February.