Tag: China

• Monday, December 27th 2010 - 07:55 UTC

  South Africa invited to join the BRIC group of emerging markets

  

  South Africa has been formally asked to join the BRIC group of major emerging markets, comprising Brazil, Russia, India and China, according to a statement on the web from China’s Foreign Affairs minister Yang Jiechi.

• Friday, December 24th 2010 - 07:59 UTC

  China prepared to support Euro zone, buying sovereign Greek and Portuguese bonds

  

  China said on Thursday it was willing to support Euro zone countries through the region's debt crisis. “We are ready to support the Euro zone countries to overcome the financial crisis and realize economic recovery,” foreign ministry spokeswoman Jiang Yu told reporters.

• Friday, December 24th 2010 - 07:37 UTC

  China defends soaring economic and trade relations with Africa

  

  China has defended its economic and trade relations with African nations. In the first policy paper on the subject, Beijing said China-Africa co-operation helped Africa to reach the UN Millennium Development Goals, and boosted common prosperity and progress.

• Saturday, December 18th 2010 - 19:03 UTC

  China targeting economic growth of 8% and 4% inflation for 2011

  

  The Chinese government is targeting economic growth of around 8% and inflation of around 4% next year, state television reported this week, citing Zhang Ping, the head of the National Development and Reform Commission.

• Friday, December 17th 2010 - 07:01 UTC

  Asia’s emerging giants move closer; agree trade goal of 100 billion USD by 2015

  

  India and China agreed to raise the bilateral trade to 100 billion US dollars by 2015, step up investments and permit banks of other countries to open branches and representative offices.

• Thursday, December 16th 2010 - 23:59 UTC

  China and Argentina sign Tax information exchange agreement

  

  China and Argentina signed a Tax Information Exchange Agreement (TIEA) in order to improve transparency in the two countries’ bilateral trade and investment.

• Thursday, December 16th 2010 - 18:28 UTC

  Argentina’s top businessman warns about inflation and Chinese investments

  

  Argentina’s most influential businessman warned about the “inflationary escalade” which, if not contained can lead to an unfavourable climate for investments. Paolo Rocca, Techint group CEO made the statements during an entrepreneurs’ forum where he called for “business responsibility”, “clear rules of the game”, “transparency” and questioned the landing of Chinese oil corporations in Argentina.

• Friday, December 10th 2010 - 18:32 UTC

  IMF evaluates the spill-over impact of China’s growth for the rest of the world

  

  Economic data suggest that a 1 percentage point increase in China’s growth rate sustained over five years means an extra 0.4 percentage point of growth for the rest of the world, two experts at the International Monetary Fund said after studying figures for the past two decades.

• Wednesday, December 8th 2010 - 17:14 UTC

  China creates and awards “Confucius Peace Prize” ahead of Oslo’s ceremony

  

  A newly formed Chinese organization says it will award its own peace prize on Thursday, a day before the Nobel Peace Prize is awarded in Norway to imprisoned Chinese dissident Liu Xiaobo.

• Wednesday, December 8th 2010 - 17:11 UTC

  US dollar to strengthen, but US fiscal health worse than Europe’s warns China

  

  The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the Euro zone's troubles but the US fiscal health is worse than Europe's, an adviser to the Chinese central bank said on Wednesday.