Tag: China

• 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.

• Tuesday, October 17th 2023 - 09:29 UTC

  Members of Chilean delegation in China test positive for Covid-19

  

  Various members of the Chilean delegation touring China ahead of the III Forum of the Belt and Road International Cooperation have tested positive for Covid-19 although President Gabriel Boric Font's results came back negative. All those infected will begin a 5-day isolation as per Chilean sanitary protocols, it was reported.

• Tuesday, October 17th 2023 - 09:13 UTC

  Argentine President starts holding meetings in Shanghai

  

  Argentine President Alberto Fernández held meetings in Shanghai with businessmen and local authorities ahead of his participation at the Third Belt and Road Forum to which he was invited by Chinese leader Xi Jinping.

• Monday, October 16th 2023 - 07:35 UTC

  Argentine President arrives in China

  

  Argentine President Alberto Fernández landed in Shanghai during the weekend on a Chinese tour during which he is to meet with his local colleague Xi Jinping as well as with New Development Bank (NBD - also known as the BRICS bank) CEO Dilma Rousseff.

• Tuesday, October 3rd 2023 - 10:20 UTC

  China's weaker economy means problems for commodity supplier countries from Latin America

  

  The World Bank cut its economic growth forecast for China for 2024, citing continued difficulties in the domestic market including the property crisis and a fading rebound from the re-opening this year.

• Friday, September 29th 2023 - 08:04 UTC

  China's leading property company again in financial trouble: debt of US$ 328 billion

  

  Trading of shares in Chinese property giant Evergrande and its two subsidiaries was suspended in Hong Kong on Thursday. A market statement on the Hong Kong Stock Exchange did not explain why trading in Evergrande Group's securities, and share certificates of Evergrande Property Services Group and Evergrande Electric Vehicle Group was halted.

• Monday, September 25th 2023 - 09:43 UTC

  Argentina thanks G77 plus China for support regarding Falklands/Malvinas

  

  The Argentine administration of President Alberto Fernández Saturday expressed its gratitude towards the Group of 77 (G77) plus China for its support regarding the South American country's claim over the Falkland/Malvinas Islands.

• Thursday, September 14th 2023 - 10:45 UTC

  China holds Venezuela as an all-time strategic partner

  

  Chinese President Xi Jinping Thursday announced after meeting with his Venezuelan counterpart Nicolás Maduro that relations between both countries would be strengthened to the point where the South American nation would become an “all-weather strategic level,” it was reported from Beijing.

• Tuesday, September 12th 2023 - 10:00 UTC

  China foreign trade remains sluggish with world demand weak

  

  China’s exports and imports sank again in August, data showed, as the world’s second-largest economy struggles with sluggish global demand and a wider slowdown. However, the pace of contraction slowed from the previous month and was not as bad as feared.