Tag: China

• Wednesday, July 7th 2021 - 08:37 UTC

  China enters auto manufacturing industry in Brazil, acquiring Mercedes-Benz plant

  

  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.

• Friday, July 2nd 2021 - 08:49 UTC

  Uruguayan meat processing plant may resume shipments to China after labelling incident in April

  

  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.

• Wednesday, June 23rd 2021 - 09:17 UTC

  Mercurial Bitcoin comes back from below US $ 30,000 but future remains uncertain

  

  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.

• Monday, June 14th 2021 - 08:36 UTC

  G7 announces Build Back Better World to counter China's Belt and Road initiative

  

  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

• Wednesday, June 9th 2021 - 09:20 UTC

  Maersk encouraged by the boom in global trade and container business

  

  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.

• Tuesday, June 8th 2021 - 07:43 UTC

  China's international reserves in May reach US$ 3,22 trillion

  

  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.

• Monday, May 31st 2021 - 08:14 UTC

  New Zealand is backing Australia in the “barley dispute” with China

  

  New Zealand has decided to support Australia in its dispute with China on barley tariffs, signaling goodwill to work on differences in how to approach Beijing. The announcement came on Sunday when Prime Minister Scott Morrison arrived in New Zealand for a Monday summit with Jacinda Ardern.

• Tuesday, May 18th 2021 - 08:50 UTC

  Rio's Jesus Christ “praises” vaccines and China sends key ingredient for their production

  

  Rio de Janeiro's iconic statue of Jesus Christ was the recipient of an advertising campaign in favour of coronavirus vaccines, which coincided with the news that Brazil would be receiving the key ingredients from China for the local production of immunizers.

• Saturday, May 15th 2021 - 09:00 UTC

  Diplomatic rift with China results in shortage of active ingredient to produce vaccines in Brazil

  

  São Paulo Governor Joao Doria Friday blamed Brazilian President Jair Bolsonaro for a diplomatic crisis with China, which led to the suspension of supplies to manufacturing vaccines against the coronavirus.

• Tuesday, May 11th 2021 - 08:58 UTC

  China acknowledges the need to guard the Mt. Everest border to keep coronavirus at bay

  

  The government of China Monday announced it will be reinforcing its patrolling of the Himalayan Nepalese border, particularly near or around Mount Everest to prevent the coronavirus from entering the country through climbers.