Tag: China

• Thursday, January 31st 2019 - 09:30 UTC

  UK car industry on “red alert”: Brexit uncertainty had done enormous damage

  

  Investment in the UK car sector almost halved last year and output tumbled as Brexit fears put firms on “red alert”, the industry's trade body said. Inward investment fell 46.5% to £588.6m last year from £1.1bn in 2017, the Society of Motor Manufacturers and Traders (SMMT) says.

• Wednesday, January 30th 2019 - 09:46 UTC

  Russia and China criticize US sanctions on Venezuela: “they undermine confidence in the international financial system”

  

  Russia and China strongly criticized U.S. sanctions placed on Venezuela, with the former pledging to support the beleaguered President Nicolas Maduro. Russian Foreign Minister Sergei Lavrov said on Tuesday the sanctions completely undermined confidence in an international financial system that is dominated by the U.S., Russian news agency Interfax reported.

• Wednesday, January 30th 2019 - 08:54 UTC

  Latin American markets outperform world stocks struggling over US/China trade talks

  

  Latin American stocks rose on Tuesday, outperforming world stocks that struggled to hold gains ahead of keenly awaited U.S.-Sino trade talks, earnings of top technology companies and an impending U.S. Federal Reserve decision on interest rates.

• Tuesday, January 29th 2019 - 09:25 UTC

  Rough times ahead: US Justice files several criminal charges against Huawei and the owner's daughter

  

  The United States Justice Department has filed a host of criminal charges against Chinese telecoms giant Huawei and its chief financial officer, Meng Wanzhou. The charges against the world's second largest smart-phone maker include accusations of bank fraud, obstruction of justice and theft of technology.

• Saturday, January 26th 2019 - 20:02 UTC

  USA at the UN: Countries should support transition in Venezuela; Russia denounces interventionist acts

  

  The Security Council convened by the United States this Saturday to discuss the institutional and political crisis that Venezuela is experiencing has been lifted this afternoon. With a strongly polarized participation, the bloc that supports the transitional government of Juan Guaidó with the US at the head, faced the block that recognizes as legitimate the regime of Nicolás Maduro, headed by Russia and China. Latin American countries also expressed their positions, describing the case as a crisis that directly affects the region.

• Friday, January 25th 2019 - 10:15 UTC

  Russia, China and Turkey in support for Maduro as they warn Washington not to intervene

  

  Russia on Thursday accused the United States of trying to usurp power in Venezuela and warned against a military intervention by confronting Washington and the European Union, which backed protests against one of Moscow's closest allies, Venezuelan partial recognized President Nicolás Maduro.

• Friday, January 25th 2019 - 09:35 UTC

  US and China “miles and miles away” in resolving economic structural reforms

  

  The United States and China are “miles and miles” from resolving trade issues but there is a fair chance the two countries will get a deal, U.S. Commerce Secretary Wilbur Ross said on Thursday.

• 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.