Several Chinese ports are facing serious congestions because many ships have been forced to re-schedule calls at Ningbo, the second busiest port in the country because it remains partially closed down following a case of Covid-19.
By Ana Palacio (*) – The EU well knows that when it comes to expanding its influence within a country or region, China plays the long game. But China is also adept at identifying opportunities to make rapid progress, and Latin America’s escalating crises represent a golden one.
British Prime Minister Boris Johnson said he was instinctively against boycotts after the main opposition Labour Party urged ministers and the royal family to snub the 2022 Beijing Winter Olympics over human rights claims.
Argentine President Alberto Fernández Tuesday highlighted the historic relationship between former leaders Juan Domingo Perón and Mao Tse-Tung as he took part as a guest during the virtual ceremony marking the 100th anniversary of the Chinese Communist Party (CCP).
The Chinese auto industry is penetrating Brazil. Automaker Great Wall Motors (GWM) reported that it has purchased the Mercedes-Benz car factory in Iracemápolis, Sao Paulo state, according to a report in the financial sector from the newspaper “O Globo” last Sunday.
The Uruguayan BPU meat processing plant has been cleared to resume exports to China as of July 1 after it was banned April 9 due to a mislabelled shipment, it was announced Thursday.
Cryptocurrency investors could breathe again Tuesday after Bitcoin first fell below US $ 30,000 for the first time in five months, but eventually managed to rebound up to over US $ 32,000.
The world's seven most advanced economies signalled on Sunday during the G7 summit a desire to build a rival to China's multi-trillion-dollar Belt and Road initiative. German Chancellor said she hoped that a new G7 task force can present first infrastructure projects in developing countries in 2022
The growth of China’s exports to the United States is expected to boost global trade in 2021, according to Moller-Maersk. The logistics company predicts that global container trade is expected to increase between 5% and 7% in 2021 as consumers shift their demands, prioritizing the purchase of consumer goods over services.
Chinese gold and foreign currency reserves, the world’s largest, rose more than expected last month, according to official data published on Monday. The nation’s foreign exchange reserves increased by US$23.62 billion to US$3.22 trillion in May against US$ 3.198 trillion recorded in April.