Tag: China

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

  Argentine granted CAF loan to face IMF maturities

  

  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

  

  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”

  

  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

  

  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.

• Saturday, November 11th 2023 - 10:12 UTC

  APEC: No major breakthrough expected from Biden-Xi meeting

  

  San Francisco is finalizing its arrangements for the Asia-Pacific Economic Cooperation (APEC) Summit during which a key meeting between Presidents Joseph Biden of the United States and Xi Jinping of China is expected to take place on Nov. 15. Xi and Biden will get together to discuss a range of “potentially contentious” topics including the need for military-to-military dialogue.

• Friday, November 10th 2023 - 10:35 UTC

  UK “must expand the Blue Belt” in Overseas Territories to shield the Antarctic from Chinese industrial fishing

  

  By Sir Oliver Heald (*) The UK’s Blue Belt Programme for ocean conservation in our Overseas Territories is one of the Conservative Party’s biggest environmental achievements of the past thirteen years.

• Wednesday, November 1st 2023 - 08:58 UTC

  Brazil hopeful of de-globalization, as US/China technology clash escalates

  

  Brazil did not enjoy the globalization process that started in the 1980s to its fullest potential. Still, it may have a second chance now amid the current de-globalization process – essentially an adjustment of globalization.

• Friday, October 20th 2023 - 10:36 UTC

  China and Brazil should join forces, Xi Jinping tells House Speaker

  

  Chinese President Xi Jinping told Brazilian Lower House Speaker Arthur Lira in Beijing Friday that their countries should firmly support each other in the face of “a tumultuous world.” Xi also insisted the BRICS partners were the two largest developing nations on the planet.

• Thursday, October 19th 2023 - 10:41 UTC

  Blue dollar plummets in Argentina

  

  The “blue” (a euphemism for “black market”) dollar plunged on Wednesday, closing at AR$ 885/905 (buy/sell), down from AR$ 985 the previous day, after the extension of the swap with China was announced and raids on illegal exchange parlors known as “cuevas” (caves) intensified, leading to new arrests, it was reported in Buenos Aires.

• Wednesday, October 18th 2023 - 08:57 UTC

  Argentine President has busy agenda in China

  

  Argentine President Alberto Fernández met with the head of the New Development Bank (NDB), Dilma Rousseff, to advance the South American country's accession to the BRICS financial institution.