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.
Germany's Leica Camera AG drew criticism on Chinese social media over a video depicting a news photographer covering the crackdown on pro-democracy protests in and around Beijing's Tiananmen Square three decades ago. The five-minute dramatization, released this week, touches on a highly sensitive topic in China.
Argentine experts have expressed the belief that the upcoming Belt and Road Forum for International Cooperation can yield more concrete steps for collaboration between China and Latin America. Members of the Asian Affairs Committee at Argentina's Council on International Relations (CARI), a leading think tank, spoke to China's government news agency Xinhua in the lead-up to the forum.
Chinese President Xi Jinping will host nearly 40 heads of state next week at the second Belt and Road forum, which is expected to produce more deals for companies and banks that want in on the latter-day Silk Road mega-project. The strong showing is a testament to the project's standing despite its multiple criticisms, said Chinese Foreign Minister Wang Yi on Friday.
The growth of the Gross Domestic Product (GDP) in China stabilized 6.4% year-on-year in the first quarter of 2019, despite falling global demand and the trade war with the United States. The figure was announced on Wednesday by the National Bureau of Statistics (BNS), along with other rather optimistic indicators on the health of the world's second largest economy.
China is planning to allow more Brazilian meat imports following high-level talks set for May, the Chinese ambassador to Brazil said on Monday. Yang Wanming declined to comment on how many meat processing plants could be approved to export to China but said the issue would be discussed when Brazil Agriculture Minister Tereza Cristina Dias travels to China in May.
US Secretary of State Mike Pompeo held talks on Saturday with Paraguay's President Mario Abdo Benitez as part of a four-nation tour of Latin American allies focusing heavily on Venezuela and countering China's economic reach.
China’s Beiqi Foton Motor Co Ltd is eyeing the acquisition of Ford Motor Co’s Brazilian plant in the industrial city of Sao Bernardo do Campo, newspaper Valor Economico reported on Friday.
US Secretary of State Mike Pompeo on Friday defended sanctions on Venezuela and said the United States would not “quit the fight” in the socialist-run Latin American nation which is spiraling into deepening economic and political crisis.
In Uruguay, non-genetically modified soy (GMO) soy is being developed in order to compete in a market saturated by the volume of crops in the region. Nevertheless, the country’s government hopes Uruguayan soy will stand out for its quality rather than for the volume of harvests motivating soy producers to use “biological controls” to combat pests.