The area in Brazil to be planted with soybeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural.
Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations.
China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday.
China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, but U.S. President Donald Trump said the sides would still meet for talks later this month.
Factory activity in China shrank in August for the fourth month in a row, official data showed on Saturday, as the United States ramped up tariff pressure and domestic demand remained sluggish.
China has ordained its first bishop since reaching an agreement with the Catholic Church intended to encourage a rapprochement between Beijing and the Holy See. China's roughly 12 million Catholics have for decades been split between a government-run association, whose clergy were chosen by the atheist Communist Party, and an unofficial underground church loyal to the Vatican.
President Donald Trump declared on Friday he would further raise American tariffs on all Chinese imports hours after China announced tariffs on American goods, the second escalation within the day of a trade war between the world’s two biggest economies that has shown no sign of ending soon.
From August 29 to September 3, Chile will celebrate nearly 49 years of diplomatic and economic cooperation with China by staging the 5th annual Chile Week in China celebration in Beijing and Shanghai, which will feature senior Chilean government delegates led by former President Eduardo Frei, leaders of Chilean industry and dozens of economic, cultural and consumer-focused events.
German automaker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture. The plan will deepen the alliance between Daimler and its Chinese truck JV partner, Beiqi Foton, and comes after the purchase of a 5 percent stake in Daimler last month by its Mercedes Benz passenger car partner, Beijing Automotive (BAIC), Foton's parent group.
Brazil-born striker Elkeson is in line to become the first player without Chinese heritage to represent China after the country's football authorities registered him for Asia's World Cup qualifying tournament next month.