Tag: China

• Saturday, June 11th 2011 - 09:55 UTC

  China’s imports soared 28.4% in May with strong demand for oil

  

  China posted a smaller-than-expected trade surplus in May of 13.1 billion US dollars because of soaring imports and weaker global demand growth. Sales to the US and the European Union slumped to their weakest since late 2009, excluding Lunar New Year holidays, underlining the view that the world economy is stumbling.

• Friday, June 10th 2011 - 05:17 UTC

  Chile is China’s “gateway to Latin America” and its unique ally in the region

  

  China Vice-President Xi Jinping arrived in Chile Thursday to forge closer ties with the nation that has branded itself as China's “gateway to Latin America”.

• Friday, June 10th 2011 - 05:10 UTC

  China and Uruguay sign 17 cooperation accords and 530m USD trade package

  

  Visiting Chinese Vice-President Xi Jinping signed Wednesday in Uruguay 17 cooperation agreements and trade contracts for the purchase of 530 million US dollars in Uruguayan goods before leaving for Chile the third leg of his tour of Latin America.

• Wednesday, June 8th 2011 - 23:20 UTC

  China completes first high-speed electric train for Rio do Janeiro

  

  China has built the first high-speed electrical train for Brazilian capital Rio de Janeiro in time for use during the 2014 World Cup Football and 2016 Olympic Games.

• Wednesday, June 8th 2011 - 23:16 UTC

  Brazil, India, Russia increased global proven oil reserves by 0.5% in 2010 says BP

  

  Global proven oil reserves rose by 0.5% in 2010, boosted by increases in Brazil, India and Russia, according to British Petroleum. Deposits advanced to 1.3832 trillion barrels at the end of last year from a revised 1.3766 trillion in 2009, BP said in its annual Statistical Review of World Energy.

• Monday, June 6th 2011 - 06:54 UTC

  Tiananmen Square deadly crackdown remembered in Beijing, Hong Kong and Taipei

  

  Thousands of Chinese and foreign tourists flocked to Beijing’s Tiananmen Square on Saturday, the anniversary of the deadly 1989 crackdown on mass pro-democracy protests, amid a noticeable massive police presence.

• Friday, June 3rd 2011 - 01:52 UTC

  Chinese Vice-president arrives in Uruguay to sign 17 agreements

  

  China’s Vice-president Xi Jinping and tipped as a leading candidate to succeed President Hu Jintao will be visiting Uruguay June 7 to 9 as part of a tour that includes Italy, Cuba and Chile.

• Tuesday, May 31st 2011 - 07:43 UTC

  China: Yuan at record high against US dollar; Power shortage and higher prices

  

  China's Yuan has hit a record high against the US dollar after the US Treasury department said the Chinese currency was undervalued but not manipulated. The People's Bank of China (PBOC) fixed the Yuan's mid-point at 6.4856 against the US dollar on Monday.

• Tuesday, May 24th 2011 - 19:39 UTC

  France says China supports Lagarde as next IMF chief given Euro zone situation

  

  China would support Finance Minister Christine Lagarde as the next IMF chief the French government said backing which would put her firmly in pole position to succeed Dominique Strauss-Kahn.

• Friday, May 20th 2011 - 10:16 UTC

  China says new IMF chief should better represent emerging economies

  

  The new leadership of the IMF should reflect changes in the world economic order and be more representative of emerging market economies, People’s Bank of China Governor Zhou Xiaochuan said on Thursday.