Tag: China

• Friday, November 9th 2012 - 05:57 UTC

  Outgoing Chinese leader: tackle corruption otherwise party and state will collapse

  

  China’s outgoing leader has warned corruption could destroy the Communist Party but stepped up plans to double the size of the economy and build a powerful maritime force. President Hu Jintao unveiled an ambitious target to double per-capita incomes and implied the economy would achieve annual growth of about 7% over the next eight years.

• Tuesday, November 6th 2012 - 06:17 UTC

  China PM family’s alleged fortune triggers debate on “sunshine law” for Beijing leaders

  

  China’s communist party leadership has launched a probe into the alleged family wealth of Wen Jiabao at the premier's request, according to sources. In a letter submitted to the Politburo Standing Committee, the party's top decision-making body of which the premier is also a member, Wen asked for a formal inquiry into claims made by The New York Times.

• Sunday, November 4th 2012 - 06:33 UTC

  Will China’s next president, Xi Jinping, bring about change?

  

  By Gwynne Dyer - By the end of November 6, we will know who will be the president of the United States for the next four years. We already know who will be the leader of China for the next 10 years, although Xi Jinping will not be officially installed in power until a few days later. But some would argue that that is the more important event.

• Tuesday, October 23rd 2012 - 03:20 UTC

  Latin American investment in China

  

  By R. Viswanathan (*) - During the sixth China - Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a report on Latin American investment in China.

• Tuesday, October 23rd 2012 - 01:01 UTC

  China’ Sinochem further expands into Brazil’s offshore oil frontier

  

  Brazil's National Petroleum Agency, ANP, approved Chinese oil company Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.

• Monday, October 22nd 2012 - 18:46 UTC

  WTO upholds ruling favouring the US in steel products dispute with China

  

  The World Trade Organisation (WTO) has upheld its decision that China's tariffs on imports of certain US steel products were illegal. Beijing had imposed duties on a particular kind of US steel, alleging that its makers were being given subsidies by the US government.

• Monday, October 15th 2012 - 18:42 UTC

  China’s inflation eases as growth slows; plans to further boost domestic demand

  

  China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September. Consumer prices rose 1.9% from a year earlier which is down from a rate of 2% in August.

• Tuesday, October 9th 2012 - 21:07 UTC

  World Bank further lowers China’s growth prospect as Euro zone and US falter

  

  World Bank has lowered its growth forecast for China citing weak demand for its exports and lower investment growth. The bank said it expects China's economy to grow by 7.7% this year, down from its projection of 8.2% in May.

• Friday, September 28th 2012 - 02:37 UTC

  Chile becomes the leading exporter of cherry and dried plums to China

  

  Chilean fruit exports to China have experienced a great increase in recent years having jumped 35% in 2011 (over 2010), with a value of 438 million dollars, according to statistics provided to the Chilean Ministry of Agriculture, which place Chile as one of the main fruit providers from the southern hemisphere.

• Wednesday, September 26th 2012 - 07:19 UTC

  China denies influencing the Venezuelan election in favour of President Chavez

  

  China has “no intention of influencing” the coming Venezuelan elections said a Foreign ministry spokesperson in Beijing following allegations from opposition presidential candidate Henrique Capriles that recent economic agreements signed between Beijing and Caracas are part of that strategy.