Tag: China

Monday, September 16th 2019 - 09:10 UTC
China opens its market to more Brazilian meat processing plants

Brazilian beef' packer Marfrig Global Foods SA said it is in the process of hiring 400 people to work at its Promissão plant in the state of São Paulo as Chinese demand warrants an increase in meat production.
Friday, September 13th 2019 - 11:54 UTC
Chinese private firms return to buy some 600.000 tons of US soybeans

Privately run Chinese firms bought at least 10 boatloads of U.S. soybeans on Thursday, the country's most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year.
Thursday, September 12th 2019 - 19:31 UTC
US and Beijing agree a brief “cease fire” on 70th anniversary of “red” China

US President Donald Trump said on Wednesday the United States has agreed to delay increasing tariffs on US$250 billion worth of Chinese imports from Oct 1 to Oct 15 “as a gesture of goodwill.”
Thursday, September 12th 2019 - 19:20 UTC
China to tap strategic frozen reserves to help contain pork prices

China is considering tapping into its strategic frozen reserves of meat, its top economic planner said on Wednesday, as it grapples with a swine fever outbreak that has ripped through its massive pig-farming industry.
Wednesday, September 11th 2019 - 09:35 UTC
China agrees to open its soymeal livestock feed market to Argentina; pact will be signed Wednesday

China will allow the import of soymeal livestock feed from Argentina for the first time under a deal announced by Buenos Aires on Tuesday, an agreement that will link the world's top exporter of the feed with the top global consumer.
Wednesday, September 11th 2019 - 09:32 UTC
Brazilian markets influenced by weak data from China and coming central banks decisions

Brazilian shares broke a four-day run of gains on Tuesday, mirroring declines in global stocks after weak China data-fueled growth concerns, while currencies were tepid ahead of major central bank policy decisions.
Tuesday, September 10th 2019 - 09:50 UTC
Brazil and China closer: Bolsonaro visits Beijing in October and Xi travels to Brasilia in November

Brazil’s Vice President Hamilton Mourao said on Monday that Chinese President Xi Jinping will visit Brazil in November, as the two nations seek to strengthen political and economic ties at a time of global trade tensions.
Monday, September 9th 2019 - 09:16 UTC
China beginning to feel the pinch of the trade war with US

China's exports fell by 1.0 per cent on-year in August, official data showed Sunday amid a bruising trade war with the US that has roiled markets in the world's top two economies. The drop comes after a surprise 3.3% rebound in July despite the yearlong battle with Washington and weakening global demand.
Friday, September 6th 2019 - 09:50 UTC
Fed estimates US/China trade war could cost US$ 850bn in lost global trade

Trade policy uncertainty driven by the Trump administration's escalating dispute with China means hundreds of billions of dollars in lost U.S. output and as much as US$850 billion lost globally through early next year, research published this week by the Federal Reserve suggests.
Thursday, September 5th 2019 - 09:45 UTC
Brazil soybean sales to China in August down 40% year on year

Brazil shipped 4.1 million tons of soybeans to China in August, down 40% year on year, according to the Secretariat of Foreign Trade of Brazil, or Secex. Though Secex didn’t provide any reason for the sharp drop, but trade sources cited rising competition from Argentina and African swine fever among the reasons for the decline.