Beijing has virtually walled itself off to outsiders with drastic measures to protect China's seat of power against the threat of a second wave of coronavirus infections from other regions. After largely getting the outbreak under control, China has banned foreigners from entering the country as authorities fret over an increase in cases imported from abroad - though most have been Chinese citizens.
Brazilian agriculture continues to penetrate the international market further. The month of March was marked by the opening of new markets for Brazilian products and the expansion of sales in other locations. Egypt, for example, has enabled 42 Brazilian establishments to supply meat – 27 for poultry and 15 for beef – in addition to the renewal of licenses for 95 companies – 82 for beef and 13 for poultry.
The Latin America and Caribbean (LAC) region is seeing a sharp decline in growth due to the COVID-19 (coronavirus) crisis, which requires several policy responses to support the most vulnerable, avert a financial crisis, and protect jobs, according to a new report from the World Bank.
The number of coronavirus cases globally spiked to two million on Monday evening. According to Johns Hopkins University, which has been keeping a tally of the number of coronavirus cases around the world, the number of confirmed cases jumped to 2,019,320
The European Union's competition chief told the Financial Times that member countries should buy stakes in companies to counter the threat of Chinese takeovers, with her comments coming as the EU formulates plans to protect its businesses amid the coronavirus outbreak.
President Xi Jinping said China is ready to continue sharing COVID-19 prevention and control experience with Argentina and offering assistance within its capacity. Xi made the remarks in a recent exchange of messages with Argentina's President Alberto Fernandez.
Brazil’s health minister said on Wednesday that the country’s attempts to purchase thousands of ventilators from China to fight a growing coronavirus epidemic had fallen through and the government is now looking to Brazilian companies to build the devices.
China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said on Tuesday. A record 265,800 international patent applications were filed last year, a hike of 5.2% from 2018, the World Intellectual Property Organization said in its annual report.
US President Donald Trump sharply criticized the World Health Organization on Tuesday, accusing it of being too focused on China and issuing bad advice during the coronavirus outbreak.
Market reports suggest that Argentine beef shipments to the European Union have reduced to almost zero amid the global coronavirus pandemic. Sales to China, the main buyer, have dropped below 2019 levels.