Tag: China

• Friday, June 22nd 2012 - 08:03 UTC

  Brazilian iron ore exports drop 19% in value, first time since 2002

  

  Brazilian exports of iron ore from January through May were down 19% in value from the same period last year, according to a report from Sao Paulo based newspaper Folha on Thursday.

• Friday, June 22nd 2012 - 07:55 UTC

  Brazil and China sign 30bn dollars swap to boost trade and better weather global turbulence

  

  Brazil and China will sign an agreement in the coming weeks to swap as much as 30 billion in their two currencies, Brazil Finance Minister Guido Mantega said.

• Tuesday, June 19th 2012 - 06:55 UTC

  Chinese PM Wen Jibao to visit Argentina, Brazil, Uruguay and Chile

  

  Chinese Premier Wen Jiabao is to attend the upcoming UN Conference on Sustainable Development (Rio+20) in Rio De Janeiro, and pay official visits to Brazil, Uruguay, Argentina and Chile from June 20 to 26, it was announced in Beijing the Foreign Ministry

• Monday, June 11th 2012 - 19:44 UTC

  China cuts retail gasoline prices 5.5% to reflect cheaper oil and boost the economy

  

  China, the world's second-biggest oil user, will reduce gasoline and diesel prices by the most since 2008 after global crude costs slumped. State-controlled retail gasoline prices will fall by 530 Yuan (83 dollars) a metric ton and diesel will be cut by 510 Yuan, the National Development and Reform Commission, NDRC, the nation's top economic planner, said on its website last week.

• Friday, June 8th 2012 - 20:21 UTC

  China lowers key rates and gives banks more flexibility to help boost growth

  

  China has cut its key interest rates for the first time since 2008, in an attempt to boost its slowing growth. The benchmark one-year loan rate was cut by a quarter of one percent to 6.31% while deposit rates were cut from 3.5% to 3.25%.

• Friday, June 8th 2012 - 01:35 UTC

  China interested in a trade agreement with Mercosur reveals Uruguay

  

  China has offered Mercosur to consider the possibility of negotiating a free trade agreement revealed Uruguay, when the South American block is going through one of its worst moments ever so distant from the integration process pledges of 1991.

• Friday, June 8th 2012 - 01:19 UTC

  Uruguay hopes China will build and finance a deep-sea port on the Atlantic

  

  Uruguay’s long standing dream of building a deep-water port in the east of the country could become a reality in coming days when China’s Prime Minister Wen Jiabao visits the country, according to the government financed newspaper La Republica.

• Tuesday, June 5th 2012 - 02:54 UTC

  China attempting to beat deepest manned submersible dive record (7.000 metres)

  

  An oceanographic ship carrying China's manned deep-sea submersible, Jiaolong, left the eastern port city of Jiangyin on June 3 for the Mariana Trench to attempt the world's deepest manned submersible dive.

• Friday, June 1st 2012 - 02:24 UTC

  Uruguay looks to China to expand trade and services, and attract more investment

  

  Uruguay looks forward to increase trade with China in value and diversification as Beijing commands a bigger economic and cooperation role in South America, Uruguayan Foreign Minister Luis Almagro said in an interview with China Daily.

• Friday, May 25th 2012 - 22:16 UTC

  China’s April exports to Argentina fell 34.4%, largest monthly drop since 2009

  

  China's exports to Argentina in April declined 34.4 percent from last year, the largest monthly drop since the 2009 global recession, signalling the deepening negative influence of Argentina's trade protectionism on bilateral trade, analysts and trade experts said, quoted by the official Beijing news agency.