Tag: China

• Thursday, September 19th 2013 - 19:31 UTC

  China has become Uruguay’s main market for beef taking 25% of exports

  

  China in just a year has become Uruguay’s main client for beef absorbing 25% of exports equivalent to 190 million dollars in the last agriculture year (July 2012/June 2013). Uruguay exports totalled 390.000 tons according to the latest release from the country’s Meats Institute, INAC.

• Wednesday, September 18th 2013 - 06:43 UTC

  China will help Venezuela develop a huge oil field investing 14bn dollars

  

  China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the Junin 1 oil field in the Orinoco oil strip, which will demand 14 billion dollars for a daily extraction of 200.000 barrels, said PDVSA president Rafael Ramírez currently in Beijing.

• Wednesday, September 18th 2013 - 01:03 UTC

  Chinese luxury cruise vessel pays bond and is released after four days

  

  A Chinese luxury cruise ship impounded in South Korea for days due to a legal dispute has been released and returned to China, an official said Tuesday.

• Friday, August 30th 2013 - 23:30 UTC

  Falklands’ conflict erupts as example for current Japan/China clash over disputed islands

  

  Japan’s outspoken Finance minister and Deputy Prime Minister Taro Aso said that the Japanese government needs to make it clear that they intend to defend the Senkaku Islands from whatever invading force. This is to avoid what happened to the Falkland Islands when Argentine troops triggered a war with British forces by landing on the disputed islands in 1982.

• Friday, August 30th 2013 - 00:34 UTC

  China company takes 33% stake in US Apache Corp. oil and gas business in Egypt

  

  China Petrochemical Corporation, Sinopec, has agreed to buy a 33% stake in the Egyptian oil and gas business of US firm Apache Corporation. Sinopec will pay Apache 3.1bn dollars in cash for the stake. The deal is the latest in a series of similar moves by Chinese oil firms as they look to secure energy supplies to meet growing domestic demand.

• Thursday, August 29th 2013 - 03:17 UTC

  China calls for restraint in Syria and says military intervention can only worsen the crisis

  

  China's foreign minister urged restraint in the growing tensions over Syria, saying any military intervention in the crisis would only worsen turmoil in the Middle East. China all along has tried to maintain a neutral position on the issue, not accompanying the West’s intentions of imposing sanctions to Syria but calling on Damascus to begin talking with the rebels.

• Thursday, August 22nd 2013 - 23:43 UTC

  China will build and finance two dams in Patagonia equivalent to 10% of Argentine power demand

  

  Argentina's government this week awarded a 4 billion dollars contract for the construction of two hydroelectric dams to a consortium led by China Gezhouba (Group) Co. and which includes Argentine firms Electroingenieria SA and Hidrocuyo SA.

• Sunday, August 11th 2013 - 04:32 UTC

  Chinese economy could be stabilizing shows latest set of economic figures

  

  China's economy could be stabilising, the latest set of economic figures from the country has suggested. Factory output in July rose 9.7% compared with a year ago, ahead of expectations and up from the previous month's figure of 8.9%. Consumer prices held steady in July, rising 2.7% from a year earlier, matching the rate seen in June.

• Wednesday, August 7th 2013 - 17:36 UTC

  China warns of Japanese ‘remilitarization’ following the incorporation of a ‘quasi-aircraft carrier’

  

  Media in China are warning against Japan's “remilitarisation” after the country unveiled its biggest warship since World War II on Tuesday. The huge Japanese flat-top destroyer, Izumo, has a flight deck nearly 250m long and can reportedly carry more than nine helicopters.

• Wednesday, August 7th 2013 - 02:30 UTC

  China approves first shipment of Argentine GMO corn shaking world markets

  

  China has approved its first shipment of genetically modified Argentine corn, Buenos Aires-based trade sources said, which could mean that the Asian giant may eventually import GMO crops from other producers like the United States.