Tag: China

• Thursday, February 13th 2014 - 01:35 UTC

  China trade surplus jumps in January, with imports increasing by 10%

  

  China's trade surplus jumped to 31.9bn dollars in January, easing concerns the world's second-largest economy may be stuck in a slowdown. The figure was up 14% from a year earlier and stronger than forecasts for a 23.7bn surplus.

• Tuesday, February 4th 2014 - 08:56 UTC

  China became Uruguay's main trade partner in 2013

  

  China became Uruguay's main trade partner in 2013 totaling 20.9% of all trade according to the latest stats from the Central bank. This leaves China three percentage points ahead of Brazil, 18.8% (traditionally the main partner) and almost four ahead of Argentina with 18.1%.

• Friday, January 31st 2014 - 06:58 UTC

  Chinese communities begin seven-day celebration of the Year of the Horse

  

  Chinese communities around the world are gearing up Thursday for the Lunar New Year holiday that begins at midnight. Mainland China will virtually shut down for the next seven days, and many residents of the polluted capital, Beijing, already have departed for holiday destinations.

• Thursday, January 23rd 2014 - 10:13 UTC

  Report reveals overseas accounts in tax havens of the Chinese communist elite

  

  Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals. As the report was released several western newspapers, news agencies and websites, some of them with the mandarin version, were hacked in China.

• Tuesday, January 14th 2014 - 07:50 UTC

  China becomes the leading market for Uruguayan meat exports

  

  Uruguay's meat exports slid 6.5% in volume during 2013 compared to the previous year, but the big news is that China has become the main client for beef, followed by Nafta countries, (US, Canada and Mexico), according to the latest release from the country's National Meat Institute, INAC.

• Saturday, January 11th 2014 - 08:08 UTC

  China claims to have become the world's top trading nation in 2013

  

  China has claimed that it is “very likely” that it overtook the US as the world's top trading nation, a title the US has held for decades. According to the latest data, China's total trade grew at an annual rate of 7.6% to 4.16 trillion dollars last year.

• Tuesday, January 7th 2014 - 06:09 UTC

  Main threat to world economy in 2014 is not the Euro-zone but China, says Soros

  

  George Soros says stop worrying about the Euro-zone and look at the slower growth in China. The hedge fund boss, who built his fortune betting on the world’s money markets, is concerned that twenty years of rapid growth is about to run out of steam.

• Friday, January 3rd 2014 - 18:52 UTC

  Record exports in dollars for Uruguay in 2013, but prospects not so encouraging

  

  Uruguayan exports in 2013 increased 4.8% in value and reached a record 9,155 billion dollars with soybean the main item and China the leading trade partner. The data was released by the government export promotion organization Uruguay XXI, which sometimes is over optimistic.

• Thursday, January 2nd 2014 - 16:00 UTC

  China starts to build its fourth Antarctica base: more planned

  

  Just days after the Chinese rover Jade Rabbit settled down on the moon, China is setting out to bolster its presence in another remote place: Antarctica. Chinese state media said on Thursday that construction workers are en route to the future site of China’s fourth Antarctic research station, after a pit stop at one of its other bases.

• Friday, December 20th 2013 - 06:48 UTC

  Stiglitz says China demand for better diet will keep Mercosur countries busy

  

  The commodities-exporting economies of Latin America will continue expanding in the years ahead, driven by demand from China despite slower growth in its economy, Nobel Prize-winning economist Joseph Stiglitz said during a conference round in Uruguay.