Tag: China

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.
Tuesday, July 1st 2014 - 07:36 UTC
Chinese senior military officer to be court-martialed for alleged corruption

China will court-martial one of its most senior former military officers on charges of corruption, state media said, the highest-ranking official to date felled in President Xi Jinping's battle against deep-rooted and pervasive graft.
Thursday, June 12th 2014 - 07:39 UTC
Beijing hosts this year's Meat Congress; China has become Uruguay's main beef client

China will be holding this year's World Meat Congress in Beijing, an event traditionally hosted by meat producing and exporting countries. However the significance of the world's second largest economy and its booming demand for meat have made it the right place for the 14/16 June conference.
Thursday, June 12th 2014 - 06:53 UTC
World manufacturing on the upturn but fragile in emerging economies

World manufacturing is in a phase of steady growth due to the improved financial condition of industrialized countries, especially in Europe, and China’s continued growth, the United Nations reported on Wednesday.
Wednesday, June 11th 2014 - 01:54 UTC
China's Yuan gaining ground as world currency even for the US

SWIFT's Tracker for the Chinese currency (Yuan or Renminbi, RMB) shows that United States' Yuan payments value increased by 327% between April 2013 and April 2014, placing the United States at number three 3 in the world for payments value, excluding China and Hong Kong.