Tag: China

• 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.

• Friday, September 10th 2010 - 04:20 UTC

  Chilean top farm lobbyist offered position as ambassador to China

  

  Luis Schmidt, former president of the National Society of Agriculture (SNA) and the Chilean Fruit Growers Association (Fedefruta), has been offered the position of the Chilean Ambassador to China.

• Wednesday, September 1st 2010 - 19:34 UTC

  Chinese sovereign fund takes control of 10% of Morgan Stanley’s

  

  The U.S. Federal Reserve Board announced it has approved the application by China Investment Corporation (CIC) to buy up to 10% of voting shares of investment giant Morgan Stanley.

• Monday, August 30th 2010 - 07:18 UTC

  China essential for Uruguay’s “international development”

  

  Uruguay pledged efforts to seek a stronger relationship with Beijing since “China is an essential factor in the international development of Uruguay”, said Vice-President Danilo Astori following an hour long meeting in Beijing with his counterpart Wu Bangguo, president of the National Assembly.

• Tuesday, August 24th 2010 - 05:01 UTC

  China ready to celebrate 30 years of economic success, admits “social debt”

  

  Chinese Premier Wen Jiabao called for implementation of political reform measures during a tour in Shenzhen, the nation's first special economic zone (SEZ) which thirty years ago opened the way for the economic reforms that have helped China become a world power.

• Wednesday, August 18th 2010 - 04:28 UTC

  China points out: second-largest economy but not second largest economic power

  

  This week’s news that China had overtaken Japan to become the world's second-largest economy in the second quarter of this year made headlines around the world. The economic milestone was seen as a telling confirmation of the shifting balance of economic power in Asia, and as a culmination of China's stunning three-decade economic resurgence.

• Tuesday, August 17th 2010 - 09:20 UTC

  Chinese biggest state-owned bank raises 22 billion in initial public offering

  

  Agricultural Bank of China raised a record 22.1 billion USD in its initial public offering (IPO) in July despite a lukewarm response when the shares first went on sale. The IPO is the last by China's four biggest state-owned banks.

• Friday, August 13th 2010 - 07:00 UTC

  “Discriminatory trade” measures could limit Chinese interest in Argentina

  

  As China is gaining ever wider economic influence, Argentina runs the risk of losing the opportunity to benefit from the trend by keeping discriminatory measures against Chinese products, an Argentine expert warned.