Tag: China

• Friday, July 30th 2010 - 06:00 UTC

  Citibank agrees fine to settle charges it misled investors with high risk mortgages

  

  Banking giant Citigroup has agreed to pay 75 million US dollars to settle civil charges that it misled investors over potential losses from high-risk mortgages. It agreed the settlement with US financial watchdog the Securities and Exchange Commission (SEC).

• Tuesday, July 27th 2010 - 02:37 UTC

  Soy-oil: Argentina hopeful India will replace China as main client

  

  India could become the main buyer of Argentine soybean oil according to Industry Minister Deborah Giorgi. The official made the announcement following a meeting on Monday with Indian in Buenos Aires Rengaraj Viswanathan.

• Friday, July 23rd 2010 - 02:44 UTC

  Argentina imposes antidumping measures on Chinese and Brazilian imports

  

  In spite of the ongoing dispute with China over the soy-oil import ban, Argentina this week imposed antidumping measures in the form of ad valorem rights on multi-processors originated in China and Brazil.

• Wednesday, July 21st 2010 - 06:52 UTC

  Forty million world-wide learning Chinese at Confucius Institutes

  

  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.

• Monday, July 19th 2010 - 04:14 UTC

  China promises Germany’s Merkel support for the Euro

  

  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.

• Saturday, July 17th 2010 - 06:52 UTC

  Mrs. Kirchner leaves China with no announcement on the soy-oil embargo dispute

  

  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.

• Thursday, July 15th 2010 - 06:35 UTC

  Argentina confident soy-oil dispute with China will be solved “in the short term”

  

  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.”

• Wednesday, July 14th 2010 - 06:07 UTC

  Argentina/China sign 18 agreements; discussions to solve soy-oil dispute

  

  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.

• Tuesday, July 13th 2010 - 06:44 UTC

  Mrs. Kirchner praises China and calls for new world financial system

  

  Argentine President Cristina Kirchner called on Monday for an international system of financial regulation ahead of the G20's next meeting in Seoul.

• Monday, July 12th 2010 - 03:48 UTC

  Chinese trade “has recovered to pre-crisis levels” affirms Beijing

  

  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.”