Tag: China

• Friday, July 29th 2011 - 06:32 UTC

  Claims China is ‘circumventing’, via US, to avoid Brazil anti-dumping tariffs

  

  Brazilian newspaper Estado de Sao Paulo revealed documents from Chinese company Sun Falcon International Inc. offering triangulation scheme through Los Angeles port, the busiest container port in the US, to avoid Brazilian anti-dumping tariffs.

• Thursday, July 28th 2011 - 00:34 UTC

  Latam’s 2010 foreign direct investment reached 159bn dollars, mostly from Asia

  

  Foreign direct investment (FDI) flows to Latin America and the Caribbean increased by 13% in 2010 to reach 159 billion dollars indicated UNCTAD (United Nations Conference on Trade and Development) annual investment survey that was released Wednesday.

• Monday, July 25th 2011 - 21:01 UTC

  China determined to break the grip of the three major global iron ore miners

  

  China, the world's largest steelmaker and iron ore consumer, has set a target of dramatically increasing ore imports from Chinese-invested resources in the steel industry's 12th Five-Year Plan (2011-2015), an industry official said.

• Wednesday, July 20th 2011 - 09:22 UTC

  Reduced Chinese import makes and cheaper palm oil, see G-3 exports fall

  

  Soybean processing and exports from the US, Argentina and Brazil, the largest shippers, were below expectations in the second quarter on reduced Chinese imports and competition from palm oil, Oil World said in a Tuesday released report.

• Friday, July 15th 2011 - 06:04 UTC

  China forecasted to become Latin America’s second trade partner by 2015

  

  China will become Latin America's second largest trade partner as early as in 2015, the UN Economic Commission for Latin America and the Caribbean (ECLAC) said this week.

• Friday, July 15th 2011 - 06:01 UTC

  “Home, sweet home”, ever so distant (and expensive) for Chinese citizens

  

  China on Thursday pledged to extend limits on new home purchases to smaller cities as authorities step up efforts to cool the country's red-hot real estate market. The State Council, or cabinet, said it would tighten existing property restrictions in cities that have seen excessive price rises to push them “back to reasonable levels”.

• Saturday, July 9th 2011 - 06:47 UTC

  Inflation at its highest level in three years; concerns over food prices and social unrest

  

  Inflation in China has risen to its highest level for three years, despite a series of interest rate rises and curbs on bank lending. Prices in June rose 6.4% from a year earlier, well above the rate for May.

• Wednesday, July 6th 2011 - 15:48 UTC

  China hikes rates for the third time this year to combat inflation

  

  China has increased its main interest rates for the third time this year to try to curb inflation. Chinese central bank, the People's Bank of China, said its one-year lending rate would rise to 6.56% from 6.31% and its one-year deposit rate to 3.5% from 3.25%.

• Tuesday, July 5th 2011 - 00:24 UTC

  Mercosur attempt to implement a common trade defence policy ‘won’t be easy’

  

  Mercosur idea of a common trade defence policy has been present since the nineties but the initiative is difficult to implement because agreeing on a joint safeguard does not necessarily meet the demands of different interests, according to a leading economist from Brazil’s Getulio Vargas Foundation, GVF.

• Saturday, July 2nd 2011 - 05:56 UTC

  Chinese president warns corruption is eroding the Communist party grip

  

  Chinese President Hu Jintao has issued a mea culpa for rampant corruption in the ruling Communist Party, warning members about alienating the public as the organisation celebrates its 90th anniversary.