Tag: China

• Saturday, April 24th 2010 - 11:08 UTC

  Exchange Rate Disorder

  

  By Jose Antonio Ocampo – Two troubling features of the ongoing economic recovery are the depressed nature of world trade and the early revival of international global payment imbalances. Estimates by the International Monetary Fund and the United Nations indicate that the volume of international trade in 2010 will still be 7% to 8% below its 2008 peak, while many or most countries, including industrial nations, are seeking to boost their current accounts.

• Friday, April 23rd 2010 - 06:52 UTC

  China-Argentina trade differences increase and are openly aired

  

  Production Minister Débora Giorgi came out to stage on Thursday to support Argentina's trading policies after comments made by China's Vice Minister of Commerce JIang Yaoping, who claimed the Argentine Government is increasingly promoting trade protectionism against Chinese products.

• Friday, April 23rd 2010 - 02:55 UTC

  China interested in krill fisheries to cut foreign dependence

  

  China has sent its ocean-going fishing vessels Kai li and An Xin Hai to the Antarctic for the 2010 krill fishing season. During a 23 day exploratory fishing they caught 2.000 tons of krill, with a daily output of 100 tons, three times than originally expected.

• Friday, April 23rd 2010 - 01:26 UTC

  Latam growingly dependent on Chinese demand for commodities

  

  Latinamerican countries with a greater link to China such as Chile, Brazil and Peru are moving out of the crisis faster and stronger according to a World Bank report which underlines the increasing significance of the Asian giant for the region.

• Wednesday, April 21st 2010 - 02:52 UTC

  Stronger Yuan “critical” for a more stable world economy claims Brazil

  

  A stronger Chinese currency is “critical” for the good of the global economy, Brazil's central bank chief Henrique Meirelles said on Tuesday, joining a chorus of critics of China's foreign exchange policy.