
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.

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.

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.

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.

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.

“The party is over” and Latinamerican countries should be concerned since the Chinese economy is slowing down, apparently entering a low growth period and many in the region have become notoriously ‘China-dependent’ after a decade of strong expanding sustained bilateral relations.

The European Commission says it has reached an amicable solution with Beijing in a row over imports of Chinese solar panels. Both sides have agreed a minimum price for the panels, EU Trade Commissioner Karel De Gucht said.

China has unveiled a series of moves aimed at boosting growth, indicating that policymakers are concerned about the slowdown in its economy. The steps include tax breaks for small businesses, reduced fees for exporters and opening up of railway construction.

Venezuelan Vice-president Jorge Arreaza said that cooperation between China and Venezuela, which has been especially strong and beneficial in energy and technology, could be extended to include agriculture and land exploitation, an area of special interest for Beijing.

With more money in their pockets, millions of Chinese are seeking a richer diet and switching to beef, driving imports to record levels and sending local meat firms abroad to scout for potential acquisition targets among beef farmers and processors.