Brazil’s Vice President Hamilton Mourao will travel to China on May 16, staying for 10 days with stops in Beijing and Shanghai. Mourao, a former general who is seen as a moderate in the far-right government of Jair Bolsonaro, has recently become embroiled in a nasty war-of-words with the president’s sons, who are both influential lawmakers.
Chinese President Xi Jinping vowed Friday (Apr 26) to abolish subsidies to firms that impede fair competition - addressing a major bone of contention in US trade talks. Xi repeated past promises to lower tariffs, increase imports and open up more sectors of China's economy to foreign businesses.
Chinese President Xi Jinping sought on Friday to ease growing concerns about his ambitious Belt and Road Initiative, vowing to prevent debt risks and saying his global infrastructure project “is not an exclusive club”.
China and Chile should connect their development strategies and promote interconnectivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.
The UK government has approved the supply of equipment by Chinese telecoms firm Huawei for the UK's new 5G data network despite warnings of a security risk. There is no formal confirmation but the Daily Telegraph says Huawei will build non-core components such as antennas.
The head of a top Latin American financial institution believes China's Belt and Road Initiative, or BRI, could help inject new dynamism into the world economy, as well as generate new ideas to foster more connectivity between Asia and Latin America. Luis Carranza Ugarte, executive president and CEO of CAF-Development Bank of Latin America-is attending the second Belt and Road Forum for International Cooperation in Beijing this week.
Argentina is pushing to increase agricultural trade with commodities-hungry China, as farmers on the country’s Pampas grains belt prepare for what is expected to be a bumper soybean harvest over the weeks ahead.
Brazilian soy exports to China will definitely decline this year as African swine fever in the world’s No. 2 economy cuts demand for the animal feed, but potential growth in meat exports would offset this, Brazil’s agriculture minister said on Monday.
Warships from India, Australia and several other nations arrived in the eastern Chinese port city of Qingdao on Sunday to attend a naval parade, part of a goodwill visit as China extends the hand of friendship despite regional tensions and suspicions.
Travel company Thomas Cook has received approaches for parts of its business and the company as a whole, according to reports. The business put its airline up for sale in February and it said last month it would close 21 stores across the country and cut more than 300 jobs.