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MercoPress, en Español

Montevideo, December 23rd 2024 - 07:18 UTC

Tag: China

  • Friday, June 9th 2023 - 11:21 UTC

    WSJ says China plans to install spying base in Cuba

    National Security Council Spokesman John Kirby said the report was inaccurate

    According to The Wall Street Journal (WSJ), the governments of China and Cuba signed an agreement whereby the Asian nation will install a spy base on the Caribbean island to intercept communications of all kinds in the United States.

  • Saturday, June 3rd 2023 - 12:11 UTC

    New currency swap with China gives Argentina some financial relief

    During the meeting, the Argentine delegation gave their Chinese interlocutors official jerseys of the Argentine national football team

    Argentina will have US$ 10 billion to play on the domestic foreign exchange market and avoid a steeper devaluation of the peso after renewing a currency swap with China, Economy Minister Sergio Massa announced in Beijing Friday.

  • Wednesday, May 31st 2023 - 11:00 UTC

    Minister Massa announces agreements for about US$ 1 billion

    Massa will conclude his Chinese tour on Friday

    Argentina's Minister of Economy, Sergio Massa, announced from Shanghai that he has obtained financing for approximately US$ 1 billion for investments and disbursements that will strengthen the Central Bank's reserves.

  • Monday, May 29th 2023 - 10:42 UTC

    First Chinese-built airliner enters aviation market

    Firefighters performed the traditional water arch in Beijing

    The COMAC C-919, China's first passenger aircraft, Sunday completed its first commercial flight marking its official entry into the civil aviation market, it was reported in Beijing, where authorities are confident it can compete with the Boeing 737 MAX and Airbus A320. China Eastern Airlines flight MU9191 landed “smoothly” at Beijing International Airport Shanghai's Hongqiao Airport with 130 passengers at 12:30 local time, after which firefighters performed the traditional water arch.

  • Wednesday, May 24th 2023 - 09:59 UTC

    China and Brazil reaffirm stronger partnership, Brazilian envoy in Beijing

    Ambassador Marcos Galvao said that the success of the state visit by President Lula da Silva to China “certainly points to an even higher stage of the strong partnership” between countries

    Brazil and China are set to embrace a higher state of solid partnership, and the two sides have shown a strong commitment to bolstering bilateral trade, cooperation in aviation and high-tech sectors, and response to climate change, said the country's top envoy to Beijing.

  • Friday, May 19th 2023 - 10:20 UTC

    Construction of Chinese multipurpose mega port in Peru runs into trouble

    COSCO is building a 1.8 km tunnel under a residential neighborhood in the city of Chancay to connect the port with a highway

    Peru's Prosecution Office has launched an investigation into China’s COSCO Shipping Ports Ltd after a landslide at one of the company’s tunnel construction sites at the major mega-port of Chancay in the country. The incident, which took place in the coastal province of Huaral, damaged at least four houses near the tunnel and forced the company to suspend construction.

  • Friday, May 12th 2023 - 10:16 UTC

    Ecuador and China reach FTA

    The deal “puts Ecuador on the map of Asia,” Prado said

    Ecuador and China signed a free trade agreement (FTA) whereby the South American country will have access to a market of 1.4 billion people, it was reported in Quito on Wednesday. It was the second such pact signed under the administration of President Guillermo Lasso, following the one reached with Costa Rica.

  • Friday, May 12th 2023 - 09:56 UTC

    Brazil's Minerva Foods profits sustained with shipments from Uruguay and Argentina

    In February, Brazil voluntarily halted its beef exports to the Chinese market after the discovery of a case of “mad cow disease” in Pará

    Minerva Foods, South America’s largest animal protein exporter, ended the first quarter of this year with a net income of R$ 114 million, (Some five Reais to the US dollar).The result was only 0.5% lower than in the same period of 2022, despite the temporary interruption of shipments of Brazilian beef to its leading buyer, China.

  • Monday, April 24th 2023 - 17:02 UTC

    Argentine inflation has the country printing money in France, Malta, Spain, China and Brazil

    The 1,000 Pesos bill was first launched in November 2017. At the time was equivalent to US$ 57, but currently US$ 4,47 at the official rate, and US$ 2,35 in the street or blue market.

    The explosive inflation situation in chaotic Argentina, close to 120% in twelve months, with the CPI at 7,7% in March ( and roaring during the three weeks of April) is showing that the country is incapable of supplying the necessary demand for bills and thus must appeal to the printing in foreign mint houses, of billions of Argentine bills.

  • Monday, April 17th 2023 - 22:58 UTC

    G7 foreign ministers working for consensus on a possible escalation of China/Taiwan conflict

    Japanese Foreign Minister Yoshimasa Hayashi said they ought “demonstrate to the world the G7's strong determination” to defend the “international order based on the rule of law.”

    China became a controversial topic in discussions on Monday as the foreign ministers of the Group of Seven (G7) major economies gathered in Japan for a second day of talks, with the European Union divided as to how react to a Taiwan major conflict.