Tag: China

• Friday, January 25th 2019 - 09:06 UTC

  Goldman Sachs chief concerned with Brexit, but the main worry in China/US trade dispute

  

  The new chief executive of Goldman Sachs says that a “difficult” Brexit will negatively affect its investment plans in the UK. David Solomon told the BBC that while there has been a hiring freeze in the UK, the bank has been adding staff in the EU over the last two years.

• Thursday, January 24th 2019 - 09:12 UTC

  Saudi Arabia limits imports from a number of Brazilian chicken processing plants

  

  Saudi Arabia has barred five Brazilian chicken processing plants from exporting to the Middle Eastern country, leaving 25 with valid export permits, Brazil’s meat trade association ABPA said, citing “technical” reasons. The Saudi move threw up a fresh hurdle for top exporter BRF SA and its rivals just a day after an anti-dumping dispute with China was resolved.

• Wednesday, January 23rd 2019 - 09:09 UTC

  Davos will listen to China, Europe and Japan leaders this Wednesday

  

  China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite.

• Wednesday, January 23rd 2019 - 09:05 UTC

  China's hounded Huawei warns it could shift to countries “where it is welcomed”

  

  The chairman of Chinese tech giant Huawei has warned that his company could shift away from Western countries if it continues to face restrictions. Huawei has been under scrutiny by Western governments, which fear its products could be used for spying.

• Tuesday, January 22nd 2019 - 10:13 UTC

  Brazil plans to privatize airports and railways; Chinese investment would be “well received”

  

  Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure.

• Monday, January 21st 2019 - 09:05 UTC

  China's economy expands at its slowest rate since 1990

  

  China's economy continued to slow in the last quarter of 2018, official figures showed, stoking fears about the impact on the global economy. In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5% in the previous quarter. For the full year China expanded at 6.6%, its slowest rate since 1990.

• Saturday, January 19th 2019 - 09:28 UTC

  Brazilian lawmakers trip to China triggers strong controversy among Bolsonaro's bunker

  

  A trip to China by lawmakers from Brazilian President Jair Bolsonaro's party has stirred anger in the far-right leader's entourage, partly because of his wariness of the Asian power but also because of the group's stated mission. The delegation of eight members of Bolsonaro's ultraconservative Social Liberal Party (PSL) said it was on the visit to check out Chinese facial-recognition technology, with a view to it maybe being used in Brazil to combat crime.

• Saturday, January 19th 2019 - 09:18 UTC

  Argentina/China companies link up to launch satellites for an Earth-observation constellation

  

  An international space venture called Satellogic says it will have 90 satellites launched by a Chinese company to create an Earth-observing constellation. The first launch by the China Great Wall Industry Corp. under the newly announced deal, scheduled for later this year, will deliver 13 satellites to low Earth orbit on China’s Long March 6 rocket, Satellogic announced in a news release.

• Saturday, January 19th 2019 - 08:50 UTC

  Germany plans to block China's Huawei products from its 5G network

  

  Germany is considering ways to block Huawei from its next-generation mobile phone network, according to reports. Berlin is exploring stricter security requirements which may prevent Huawei products being used in its 5G network.

• Friday, January 18th 2019 - 09:23 UTC

  US investigating China's Huawei for “stealing trade secrets” from American partners

  

  The United States is reportedly investigating Huawei for “stealing trade secrets” from American business partners in the latest action against the Chinese technology giant. The criminal inquiry was first reported by the Wall Street Journal (WSJ).