Tag: China

Friday, July 2nd 2010 - 03:32 UTC
BP Argentine assets on sale to pay for Gulf of Mexico spill; China interested

China National Offshore Oil Corp., the country’s third-largest oil and gas company, declined to comment on reports it is holding talks to buy as much as 9 billion US dollars of BP Plc’s assets in South America.
Friday, July 2nd 2010 - 03:28 UTC
China’s Xinhua launches 24-hour global news channel in English, CNC

China's state news agency Xinhua has launched a 24-hour global news channel in English. Officials said CNC World would present “an international vision with a China perspective”.
Wednesday, June 30th 2010 - 06:00 UTC
China and South America crucial for globalized General Motors recovery

General Motors CEO Ed Whitacre Jr. told analysts Tuesday that the automaker has changed since bankruptcy from a “shell-shocked” and “overly complicated company” to a sharply focused one that has a clearer sense of its global strengths and a passion to win back customers in the United States.
Wednesday, June 30th 2010 - 05:57 UTC
Six decades since splitting China and Taiwan sign milestone trade pact

China and Taiwan have signed a historic trade pact, seen as the most significant agreement since civil war split the two governments 60 years ago. The Economic Co-operation Framework Agreement (ECFA) removes tariffs on hundreds of products. It could boost bilateral trade that already totals 110 billion US dollars a year.
Saturday, June 26th 2010 - 05:27 UTC
Timnerman underlines Beijing’s support in UN Falklands’ presentation

Argentina’s newly appointed Foreign Minister Héctor Timerman said that China expressed “strong support” for Argentina’s sovereignty claim over the Falklands and other South Atlantic islands, but was disappointed by the bias coverage of the Buenos Aires press.
Saturday, June 26th 2010 - 05:16 UTC
“China playing games” with the announced Yuan flexibility, says Krugman

Nobel laureate Paul Krugman said China’s pledge to make the Yuan more flexible was an “exercise in bad faith” intended to fend off international pressure for a stronger currency at this week’s Group of 20 leaders’ summit.
Saturday, June 26th 2010 - 05:08 UTC
China ends freeze on Argentina soy-oil imports, says Buenos Aires

Argentina has reached an agreement with China to end the freeze on Argentine soy-oil imports, the government said on Friday. However given the cumbersome negotiation process some Argentine traders are waiting for an official confirmation from Beijing.
Friday, June 25th 2010 - 21:59 UTC
In seven years Asia became Chile’s main trade partner: absorbs 48% of exports

Between January and May of 2010, Chile shipped approximately 12.7 billion US dollars in commodities to Asia; in this five-month span, 83% of Asia-bound exports were sent to China, Japan, and South Korea.
Friday, June 18th 2010 - 19:28 UTC
World Bank calls for stronger Yuan to reduce inflation and spur domestic demand

World Bank has reiterated its view that the Chinese government should allow the Yuan to strengthen against other international currencies. The bank also forecasted the Chinese economy would grow 9.5% in 2010 and 8.5% in 2011.
Monday, May 24th 2010 - 01:56 UTC
US-China “top-level” summit talks in Beijing to address world affairs

US Secretary of State Hillary Clinton pressed for greater commercial access for US businesses in China on Sunday, urging Beijing for a “level playing field”. Ms Clinton spoke to US and Chinese business executives in Shanghai, following a tour of the World Expo.