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MercoPress, en Español

Montevideo, April 4th 2025 - 13:38 UTC

Tag: China

  • Friday, January 19th 2024 - 10:27 UTC

    Lithium: Bolivia's YLB signs new agreement with China's CBC

    Opposition lawmakers said these announcements were mere propaganda

    A new agreement between Bolivia's state-owned Yacimientos de Litio Bolivianos (YLB) and the Chinese consortium CATL, BRUNP & CMOC (CBC) was signed Thursday to install a lithium carbonate pilot plant with Direct Lithium Extraction (DLE) technology in the Uyuni salt flat and would have a production of 2,500 tons per year after an investment worth US$ 90 million.

  • Friday, January 19th 2024 - 10:17 UTC

    Foreign Ministers of Brazil and China holding key talks

    Wang Yi and Vieira are to meet again Friday

    China's Foreign Minister Wang Yi held a meeting in Brasilia on Thursday with his Brazilian counterpart Mauro Vieira and President Luiz Inácio Lula da Silva's special advisor Celso Amorim to discuss trade and cooperation between the two countries, it was reported. Wang Yi and Vieira are to meet again Friday for the signing of a series of agreements after which they will be issuing a joint statement to the press, it was also explained.

  • Wednesday, January 17th 2024 - 10:30 UTC

    Taiwan's unknowable future and president for life Xi Jinping rage

    If there were a referendum in Taiwan today on declaring independence from China (and Beijing didn’t threaten to invade to stop it), a large majority of Taiwanese would vote yes

    By Gwynne Dyer

    Taiwan’s fate is as unknowable as usual, even though we know who the next president is, William Lai, vice-president under outgoing President Tsai Ing-Wen, mainly because the two opposition parties failed to agree on a joint candidate and ultimately split the slightly-less-anti-China vote between them.

  • Saturday, January 13th 2024 - 11:30 UTC

    Argentine FM holds meeting with Chinese envoy to soothe ties

    Mondino and Wang dismissed press reports about alleged tensions between the governments of Xi Jinping and Javier Milei

    Argentine Foreign Minister Diana Mondino met Friday with Chinese Ambassador Wang Wei. During the encounter, both diplomats agreed on the importance of the Comprehensive Strategic Partnership signed between the two countries ten years ago, and reaffirmed the principle of one China in reference to Taiwan's separatism. However, there was no mention of the currency swap worth US$ 6.5 billion Argentina was expecting to receive.

  • Wednesday, January 10th 2024 - 11:21 UTC

    China and new Argentine government find areas to soothe relations

    China has opened its market to a list of 143 products from Argentine agro-business

    Argentine foreign minister Diana Mondino is proving to be an efficient peace maker. Despite president Javier Milei aggressive rhetoric towards the Beijing regime during and after the electoral campaign, Ms. Mondino seems to have managed a working understanding with the Chinese government.

  • Tuesday, January 9th 2024 - 10:59 UTC

    Argentine FM to meet with Chinese ambassador amiid growing tension

    Mondino's job lies in the balance. She still has Milei's support, though

    Argentine Foreign Minister Diana Mondino is to meet on Thursday or Friday with Chinese Ambassador Wang Wei to discuss a US$ 6.5 billion currency swap brokered by former Economy Minister Sergio Massa last year, among other topics.

  • Friday, December 15th 2023 - 10:50 UTC

    Argentine granted CAF loan to face IMF maturities

    Milei did ask for the release of a US$ 6 billion swap agreed upon with former Economy Minister Massa

    The Argentine Government of President Javier Milei has been granted a loan of nearly US$ 1 billion by the Development Bank of Latin America and the Caribbean (CAF) to face maturities with the International Monetary Fund (IMF) later this month.

  • Tuesday, December 12th 2023 - 09:03 UTC

    Chinese economy slower trend impacting the Brazilian beef market

    A ton of beef sold to China last year averaged US$ 5,020 while this November the ton price was down to US$ 3.910

    The impact of a slower Chinese economy has started to be felt in Brazilian exports of proteins, mainly beef with considerable lower prices. Last November and ahead of the stock storing in China for the coming New Year celebrations next February, Brazilian sales increased 47% and reached 256.000 tons compared to 173.000 in 2022, but the overall revenue only grew from 872,4 million of one billion.

  • Saturday, December 9th 2023 - 09:57 UTC

    Moody's downgrades China's debt; Beijing insists “unnecessary to worry”

    Moody's is concerned with China's economic slowdown and property crisis. The days of double digit growth are over and the declining trend according to IMF could reach 3,5% in a couple of years.

    Credit risk agency Moody's is warning about growing problems with the Chinese economy, and has cut its outlook on government-s debt to negative from stable. China has become the world's second largest economy and the main trading partner, among others of South American countries.

  • Saturday, November 18th 2023 - 10:42 UTC

    Linking the gov't to drug trafficking is serious, Lacalle warns

    Lacalle is off to China for a meeting with Xi Jinping in an attempt to finalize a free trade agreement (FTA) between the two countries, among other issues

    On his last full day in the country before leaving for China, Uruguayan President Luis Lacalle Pou criticized opposition leaders for suggesting he was involved in drug trafficking, which the Marset scandal that led to the resignation of several ministers earlier this month would allegedly prove.