Over 40 million people are learning the Chinese language and interest keeps growing as Beijing’s international influence expands world wide according to Xu Lin, Director of the Institute to promote the language overseas and head of the Confucius Institute. ”Achievements are noticeable in the promotion of Chinese language and culture.
Chinese Premier, Wen Jiabao, has said that China will continue to invest in European markets, despite the debt problems affecting many Euro zone countries. He was speaking in Beijing alongside the German Chancellor, Angela Merkel. She described his pledge as an important signal that China has confidence in the Euro.
Talks between China, the world's biggest user of cooking oils, and Argentina regarding Beijing’s ban on imports of soybean oil from Argentina are on course although the country is moving to alternative markets said President Cristina Fernandez de Kirchner.
Argentine Ambassador to China, César Mayoral announced in Beijing that the soybean oil conflict with Beijing that has been ongoing since the beginning of the year “will be solved in the short term.”
China and Argentina signed 18 agreements covering infrastructure, energy and railway projects on Tuesday during Argentine President Cristina Fernandez de Kirchner second day official visit which included talks with her Chinese counterpart Hu Jintao and with Vice-Premier Hui Liangyu.
Argentine President Cristina Kirchner called on Monday for an international system of financial regulation ahead of the G20's next meeting in Seoul.
China’s trade surplus widened to the highest this year and exports climbed more than estimated to a record in June, adding pressure on the government to let the currency gain after the U.S. said the Yuan “remains undervalued.”
Soy-bean imports by China, the biggest buyer, jumped to a record in June after a halt to Argentine soy oil shipments and increasing feed consumption boosted demand from crushers, according to Bloomberg.
Argentine president Cristina Fernández de Kirchner arrived Sunday in Beijing with a delegation of 70 businessmen and an agenda concentrated on trade issues including one which is fundamental for Argentina, the resumption of soy-oil sales to China which have been banned for several months.
China’s central bank said on Thursday it will stick to a moderately loose monetary policy as economic growth becomes better balanced between consumption, investment and exports.