Brazilian President Dilma Rousseff will discuss with her U.S. counterpart Barack Obama ways to counteract the threat posed by an undervalued Yuan and cheap imports from China, a Brazilian official said.
Competition with top trading partner China is costing Brazilian industry valuable market share, the National Confederation of Industry (CNI) in South America's largest economy said on Thursday.
Paraguay the only Mercosur member with no formal diplomatic relations with China-Beijing, --since it only recognizes Taiwan--, is scheduled to open a trade office in Hong Kong (Peoples Republic of China) some time in the next few weeks.
Chinese city planners have announced a plan to merge cities surrounding the Pearl River Delta to create the world’s largest metropolis with 42 million people
Spanish Telefónica and Chinese operator Unicom agreed on Sunday to expand their alliance, both investing a further U$ 500 million in the other. Under the agreement, China Unicom could get a seat on Telefónica.
President Obama welcomed Chinese President Hu Jintao to the White House on Wednesday and praised China’s success.
Chinese Vice Premier Li Keqiang has said Beijing is willing to buy about Euro 6 billion worth of Spanish public debt, Spanish newspaper El Pais reported on Thursday, citing government sources.
China has confidence in the Spanish financial market and will continue buying bonds issued by Spain’s government, Beijing’s Deputy prime minister said in an op-ed published in Madrid daily El Pais.
China and Spain signed this week business deals worth 7.5 billion US dollars, a welcome boost for Spain's recession-hit economy. Visiting Vice-Premier Li Keqiang also vowed to help Europe overcome its debt crisis (and support the Euro), as he started his three-nation European tour.
Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.