Tag: China

• Monday, December 12th 2011 - 04:45 UTC

  Chinese President Hu Jintao special envoy meets with new Argentina authorities

  

  Argentina's new Vice President and Speaker of the Senate Amado Boudou met on Friday with Chinese President Hu Jintao's special envoy Jiang Shusheng to further promote bilateral relations.

• Monday, December 12th 2011 - 00:06 UTC

  China admits ‘severe challenges’ to exports because of EU and US slowdown

  

  China faces “severe challenges” to its exports due to economic difficulties in key Western markets, the country's commerce ministry has warned. Data has shown a sharp slowdown in export growth in November, the ministry said.

• Sunday, December 11th 2011 - 23:45 UTC

  China’s rate of inflation slides in November to its lowest in 14-months

  

  China's rate of inflation has fallen in November to its slowest pace in 14-months. Consumer prices rose at 4.2% compared with the same month last year, the National Bureau of Statistics said this week.

• Wednesday, December 7th 2011 - 22:14 UTC

  China will target trade with Latam in 2012 to compensate drop with EU and US

  

  China will attempt to counterbalance the drop in exports to the European Union and the United States concentrating in emerging markets such as Latin America and Asia, said on Wednesday Wang Shouwen, head of International Trade from the Beijing Ministry of Trade.

• Wednesday, December 7th 2011 - 22:11 UTC

  China and Bolivia agree on closer military cooperation and high level exchanges

  

  China and Bolivia have agreed to strengthen military relations which are a continuation of the “excellent links in other fields”, according to an official press release in Beijing

• Monday, December 5th 2011 - 06:51 UTC

  Top Republican claims Obama is losing the Brazil battle to China

  

  The US top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from US companies in Latin America’s biggest economy.

• Monday, December 5th 2011 - 06:00 UTC

  China becomes the first to congratulate Latinamerica countries on CELAC

  

  Chinese president Hu Jintao was the first to congratulate the newly formed CELAC and expressed Beijing’s wishes to strengthen trade relations, cooperation and political understanding with the region.

• Wednesday, November 30th 2011 - 16:04 UTC

  China changes policy: eases credit and lowers bank reserves ratio

  

  China's central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.

• Wednesday, November 30th 2011 - 09:04 UTC

  China becomes Peru’s main trade partner and a leading investor

  

  Peruvian Prime Minister Salomon Lerner said that China’s direct investments in the country would increase between 30% and 40% in the next two years. China became this year Peru’s main trade partner.

• Wednesday, November 23rd 2011 - 20:19 UTC

  Global markets slide overwhelmed by negative news

  

  Global markets fell Wednesday after more evidence emerged that the global economy is faltering fast and that the Euro zone is heading for a recession as the debt crisis spreads to the bigger economies like Italy and Spain.