Tag: China

• Saturday, March 2nd 2019 - 01:14 UTC

  Uruguay’s Chancellor on Venezuela: “We have a problem and it is the attitude of Luis Almagro”

  

  The Minister of Foreign Affairs of Uruguay, Rodolfo Nin Novoa, ratified his position on Friday on a peaceful solution to the political and institutional crisis suffered by Venezuela along with his Italian counterpart, Enzo Moavero Milanesi in Montevideo. The Uruguayan chancellor questioned the attitude of the secretary general of the Organization of American States (OAS), Luis Almagro, considering that he took sides on the Venezuelan conflict.

• Thursday, February 28th 2019 - 09:10 UTC

  China's manufacturing activity shrinks for a third straight month in February

  

  China's manufacturing activity shrank for a third straight month in February, sinking to its worst performance in three years as the economy slows and the US trade war bites, official data showed on Thursday. The Purchasing Managers' Index (PMI), a gauge of factory conditions, came in at 49.2 for the month, down from 49.5 in January, according to the National Bureau of Statistics (NBS).

• Thursday, February 28th 2019 - 08:37 UTC

  Brazilian consortium interested in Ford's Sao Paulo manufacturing plant

  

  Brazilian automaker CAOA, which produces vehicles with Korea’s Hyundai Motor Co and China’s Chery Automobile Co, is in talks to buy a Ford Motor Co plant in the country that is slated to close by 2019, according to sources reported in the Sao Paulo media.

• Tuesday, February 26th 2019 - 09:07 UTC

  Trump anticipates a “signing summit” with China's Xi: trade agreement “very, very close”

  

  US President Donald Trump said on Monday he expects to hold a “signing summit” with China’s President Xi Jinping to seal a trade deal, since negotiators are “very, very close” to an agreement. Cheering global stock markets, the new comments confirm the dispute will not ratchet up immediately, averting an even bigger impact on the global economy. 

• Monday, February 25th 2019 - 08:58 UTC

  US/China trade talks make “substantial progress”; Trump delays deadline for more tariffs

  

  The United States is delaying a planned increase of tariffs on more than US$200 billion in Chinese exports after “substantial progress” made in trade talks, President Donald Trump said on Sunday. Trump also said he planned to hold a summit with Chinese President Xi Jinping at his Florida estate Mar-a-Lago to ink a deal.

• Saturday, February 23rd 2019 - 09:13 UTC

  China and US hail progress in trade talks: “a deal more likely than not” said Trump

  

  Chinese negotiators have agreed to extend their stay in Washington, as the US and China push to strike a trade deal. The decision was the latest sign that the two countries may be nearing an agreement, as they look for a way out of last year's punishing trade war.

• Wednesday, February 20th 2019 - 10:11 UTC

  Argentine foreign minister gives India some advice on Chinese penetration

  

  If India has to compete with China in Latin America, then it has to be “absolutely active” in the region, Argentine Foreign Affairs Minister Jorge Faurie said on Tuesday during the business forum in New Delhi.

• Wednesday, February 20th 2019 - 10:01 UTC

  Europe's biggest bank slower profits blamed on tepid growth in China and UK

  

  HSBC warned it may have to delay some investments this year as Europe's biggest bank missed 2018 profit forecasts due to slowing growth in its two home markets of China and Britain. HSBC reported a drop in fourth-quarter revenue amid tumbling stock markets that sapped customer's confidence in investing.

• Tuesday, February 19th 2019 - 09:21 UTC

  Hammond visit to China called off amid reports of Beijing anger with UK defense actions

  

  A visit to China by Chancellor Phillip Hammond has been called off amid reports a speech by the UK's defense secretary angered Beijing. There were plans for trade talks between Mr Hammond and senior Chinese government figures during the brief visit this week. But last week, Gavin Williamson had indicated the UK's intention to send an aircraft carrier to the Pacific.

• Tuesday, February 19th 2019 - 09:20 UTC

  US/China trade talks resume in Washington... and are going “extremely well”

  

  US-China trade talks aimed at ending a damaging tariff war will resume from this Tuesday in Washington, the White House has announced. The last set of talks ended Friday in Beijing with no deal, though US President Donald Trump said the discussions were going “extremely well” and suggested he could extend a Mar 1 truce deadline for an agreement to be reached.