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.
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.
Thousands of demonstrators marched on Monday in south China to protest against a local land grab, carrying banners and shouting slogans opposing 'dictatorship' and 'corruption', locals said.
Peruvian President Ollanta Humala emphasized on Monday the importance of trade and investment relations with China, both for Peru and the region during the opening in Lima of the two-day 5th China-Latin America Business Summit
The Iron Lady,” Meryl Streep's latest film where she plays Margaret Thatcher made its world premiere in Beijing on Saturday evening during the China-US Arts and Culture Forum and a month ahead of its launching in US and Europe cinemas.
President Barack Obama was encouraged by the constructive tone of a discussion about the South China Sea issue at an East Asia leaders' meeting in Bali, Indonesia, a senior US official said.
President Barack Obama said that the Asia-Pacific region will play a key role in defining the world's future. The United States is a Pacific power, and we are here to stay, he stated in a speech to the Australian Parliament, sending a clear message to Beijing.
China Petrochemical Corp., Asia's biggest refiner, agreed on Thursday to pay 3.54 billion dollars for a 30% stake in Galp Energia SGPS SA's Brazilian unit, in what is China's largest overseas energy acquisition this year.
The head of the IMF warned on Wednesday that Europe's debt crisis risked plunging the global economy into a lost decade and said it was up to rich nations to shoulder the burden of restoring growth and confidence.
Brazil must balance its trade relation with China, (leading commercial partner) and not allow an anti-Chinese feeling among manufacturers to spoil relations with Beijing said economists in Sao Paulo.