Tag: China

Tuesday, April 12th 2011 - 16:34 UTC
China opens to Brazilian pork and meat distribution hubs in six main cities

China opened its market to Brazilian pork and Brazil’s meat packer Marfrig said it would invest heavily in distribution centres in China. The announcements were made in Beijing where a numerous government and private sector delegation headed by Brazilian president Dilma Rousseff is on an official visit to China.
Tuesday, April 12th 2011 - 16:13 UTC
China to keep buying Spanish public debt and invest in financial industry

China will invest in Spain’s savings-bank industry and continue buying public debt, a Spanish government official cited Chinese Premier Wen Jiabao as telling Prime Minister Jose Luis Rodriguez Zapatero at a meeting Tuesday in Beijing.
Monday, April 11th 2011 - 21:09 UTC
Brazil aware its relation with China raises the risk of “Dutch Disease”

President Rousseff arrived in Beijing Monday to begin a state visit to China that will incorporate Thursday’s summit of BRIC leaders. However Ms Rousseff’s trip to China is symbolically important since it is her first overseas visit outside Latin America and underlines the growing importance of the Brazil/China relationship, points out Capital Economics.
Monday, April 11th 2011 - 19:49 UTC
China plans to invest 10 billion USD in soy production and processing in Brazil

China plans to invest ten billion US dollars in the production, storage and transport of soybeans in Brazil to ensure the supply of the commodity of which it is the world’s main importer, according to press reports in Beijing.
Monday, April 11th 2011 - 05:07 UTC
China posts surprise quarterly trade deficit of 1.02 billion USD, first in six years

China on Sunday reported a surprise quarterly trade deficit of 1.02 billion US dollars, the first in six years as it settles to rebalance its export oriented economy to boost domestic consumption in the next five years.
Tuesday, April 5th 2011 - 21:23 UTC
China anticipating higher inflation hikes interest rate by 25 basis points

China’s central bank announced Tuesday it would raise the benchmark one-year borrowing and lending interest rates by 25 basis points beginning Wednesday. This is the second time that The People’s Bank of China raises the benchmark interest rate this year and the fourth such increase since the start of last year.
Monday, April 4th 2011 - 01:55 UTC
Almost half of China’s dairies closed down following quality inspections

Nearly half of China's 1,176 dairies are being shut down after failing to obtain new licences, the country's quality inspection agency says. It says that 533 dairy producers have been ordered to halt productions after a government safety audit.
Saturday, April 2nd 2011 - 06:53 UTC
The delicate balance of ‘cooperation’ and ‘competition’ between China and Brazil

Brazilian president Dilma Rousseff and her Chinese peer Hu Jintao will address the Libyan crisis and other issues related to the Chinese currency, Yuan, which has Brazilian manufacturers most concerned, anticipated the Brazilian Foreign Affairs ministry.
Wednesday, March 30th 2011 - 05:03 UTC
G20 meeting in China expected to address Japan, Libya and European debt crisis

China hosts Wednesday a Group 20 leaders meeting, originally scheduled to address the international monetary system, most probably criticism of the US Federal Reserve for flooding the world with money, but the latest world events, Japan, Libya and Europe’s debt crisis are bound to change the emphasis of the agenda.
Monday, March 21st 2011 - 19:11 UTC
Fearing social unrest, Beijing bans “hedonistic, high-end” lifestyles advertising

China's capital has banned outdoor advertising that promotes hedonistic or high-end lifestyles as the government seeks to ease public concerns about the country's widening wealth gap.