Tag: China

• Thursday, February 17th 2011 - 01:18 UTC

  Argentina’s boost-industry import restrictions estimated in one billion US dollars

  

  Imports restrictions imposed this week by the Argentine government with the purpose of “preserving the re-industrialization process” cover approximately 200 products totalling annual imports of a billion US dollars, according to preliminary reports.

• Wednesday, February 16th 2011 - 22:30 UTC

  World’s largest mining company fearful of espionage from China and competitors

  

  Anglo Australian mining giant BHP Billiton chief executive Marius Kloppers confirmed reports that he is fearful of espionage from China, competitors like Rio Tinto and the Australian government, saying it is one reason why he lobbied furiously for short-term pricing of key commodities.

• Wednesday, February 16th 2011 - 13:50 UTC

  Up to 10% of rice sold in Chinese markets tainted with heavy metals

  

  Recent research has concluded that 10% of the rice sold in China’s markets is likely to be tainted with heavy metals, but agricultural experts said the pollution is confined to particular regions and there is no call for panic.

• Wednesday, February 16th 2011 - 00:30 UTC

  IMF calls for Yuan and SDRs to play greater role in global finance

  

  IMF chief Dominique Strauss-Kahn said the currencies of China and other emerging economies such as Brazil should play a greater role in global finance, as part of a bid to promote monetary stability

• Tuesday, February 15th 2011 - 21:45 UTC

  New CPI basket eases China inflation; Beijing says it has abundant grain reserves

  

  China said on Tuesday consumer prices rose 4.9% in January, a lower-than-expected figure. According to data released by the National Bureau of Statistics (NBS), the Consumer Price Index (CPI), the main gauge of inflation, was 0.3 percentage points higher than in December but still lower than November’s 28-month-high of 5.1%.

• Monday, February 14th 2011 - 18:51 UTC

  China “not too worried” about India/Brazil’s criticism of Yuan policy

  

  In spite of United States inciting Brazil and India to criticise China's currency policy, Beijing need “not worry too much” because it can defuse the tension through talks, according to Chinese officials.

• 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.