Tag: China

Wednesday, November 10th 2010 - 01:15 UTC
China and US exchange accusations ahead of the G20 summit in Korea

China kept up criticism of US easy-money policies, warning two days before a G20 world economic summit that Washington could destabilize the global economy and inflate asset bubbles.
Friday, November 5th 2010 - 22:58 UTC
China opens beef market to Argentina; farmers warn lack of sufficient cattle

China will open its market to Argentine beef consolidating the end of a conflict that started earlier this year when Beijing decided to suspend “on sanitary reasons” the import of soy-oil from Argentina, a ban that was only lifted last month.
Wednesday, November 3rd 2010 - 00:27 UTC
China offers to finance US infrastructure and help create jobs

China’s sovereign wealth fund has urged the Obama administration to spend 1trillion US dollars on infrastructure over the next five years, to create jobs and improve US competitiveness.
Wednesday, October 20th 2010 - 01:04 UTC
In a surprise move China raises interest rate for the first time since 2007

China has raised interest rates for the first time since 2007, as it tries to rein in inflation and dampen its red-hot real estate market. The People's Bank of China said it will raise its one-year lending rate to 5.6% from 5.31% and its one-year deposit rate to 2.5% from 2.25%.
Wednesday, October 20th 2010 - 00:59 UTC
China purchases 70.000 tons of Argentine soybean oil; in November 80.000 tons?

China has bought at least 70,000 tons of Argentine soybean oil after Beijing decided to unlock the imports ban that had resulted in a mounting-tension conflict. The move came after China agreed to allow all products coming from Argentina to enter its ports and was reported by Oil World magazine.
Monday, October 18th 2010 - 21:49 UTC
China insists that reforming the Yuan “will be a gradual process”

A senior IMF official tried to dampen talk of a global currency war, while China said it will stick to a gradual reform of its currency.
Thursday, October 14th 2010 - 05:46 UTC
China admits “currency war” spectre but responsibility is shared by G20

China is trying to avoid a currency war, but issues concerning any specific currency should not be treated as part of an agenda at G20 meetings, a Chinese G20 negotiator said.
Tuesday, October 12th 2010 - 06:59 UTC
China resumes purchases of Argentine soy beans banned since April

China’s two largest state-owned grains and oilseeds trading companies to import soybean oil from Argentina, easing restrictions imposed in April. Beijing-based Cofco Ltd., China’s biggest grain trader, and China Grain Reserves Corp. have been cleared by the commerce ministry to import soybean oil from Argentina.
Monday, September 27th 2010 - 18:26 UTC
China alleges ‘dumping’ and imposes 104% tariff on US chicken imports

The Chinese Commerce Ministry said it would impose a 105.4% tariff on U.S. chicken exports after concluding they were unfairly priced. After a yearlong investigation, China concluded US exporters were selling chicken in China at prices that were lower than the costs of production, a practice known as product “dumping.”
Tuesday, September 14th 2010 - 03:08 UTC
Wide ranging trade deal brings Taiwan closer to China

A historic trade deal between China and Taiwan took effect Sunday signalling improvement in relations between the two countries after they were split by a civil war over 60 years ago.