Tag: China

• Monday, February 14th 2011 - 15:53 UTC

  China’s trade surplus drops considerably in January ahead of G-20 meeting

  

  China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.

• Monday, February 14th 2011 - 14:48 UTC

  Rail alternative to the Panama Canal proposed by China to Colombia

  

  A rail alternative to the Panama Canal built by China is being considered by Colombia in a move that would boost trade between Asia and South America. The 220 kilometers 'dry canal' would link Colombia’s Atlantic and Pacific coasts by rail, according to Juan Manuel Santos, the president of Colombia.

• Monday, February 14th 2011 - 09:10 UTC

  China, second largest copper producer in 2010, ahead of the US and Peru

  

  Chile’s Copper Commission (Cochilco) has predicted that China became the world’s second largest copper producer in 2010, overtaking the United States and Peru.

• Monday, February 14th 2011 - 05:48 UTC

  Alleging national security, China plans to review foreign attempts to buy local companies

  

  China is launching a body to review foreign attempts to buy local companies in a move that might add to strains over access to its markets.

• Tuesday, February 8th 2011 - 20:00 UTC

  US, China and EU recognize and welcome the new nation of South Sudan

  

  United States, China and the European Union announced they would recognize south Sudan as the world’s newest nation. President Barack Obama went further and rewarded north Sudan for its cooperation by taking it off a terrorism blacklist.

• Tuesday, February 8th 2011 - 14:29 UTC

  China’s New Year takes off with higher interest rates, third time since October

  

  China's central bank said Tuesday it will increase key lending and deposit rates by a quarter percentage point, effective Wednesday. This is the third People’s Bank of China rise since last October, a move aimed at combating stubbornly high inflation.

• Monday, February 7th 2011 - 20:54 UTC

  Geithner implicitly endorses “capital controls” during Brazilian visit

  

  US Treasury Secretary Timothy Geithner reached out to Brazil by citing a shared concern - China - and endorsing Brazil's approach for dealing with global economic distortions.

• Friday, February 4th 2011 - 21:21 UTC

  Rousseff and Obama to discuss ways to counteract China’s undervalued Yuan

  

  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.

• Thursday, February 3rd 2011 - 21:54 UTC

  Brazilian industry loosing world market share to main trading partner, China

  

  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.

• Tuesday, February 1st 2011 - 13:31 UTC

  Paraguay scheduled to open a trade office in Hong Kong

  

  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.