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.
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.
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.
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.
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.
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).
China’s central bank injected a record US$ 83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging to step up stimulus measures this year and do more to protect jobs as economic growth cools to 28-year lows.
Argentina's president Mauricio Macri on Monday said the joint Argentina-China hydropower megaproject is highly important and emblematic in terms of renewable energy and economic development. Macri made the remarks during his first official visit to the construction site of the project, where two hydroelectric dams, Condor Cliff and La Barrancosa, are being erected along the Santa Cruz River in Patagonia to boost national energy output.
Chinese exports saw the steepest fall for two years in December, according to the latest trade figures. Exports from China fell 4.4% last month compared with the year before, while imports fell 7.6%. The figures indicate a further weakening in the strength of the world's second biggest economy and sent Asian stock markets lower on Monday.
The world's oceans are heating up at an accelerating pace as global warming threatens a diverse range of marine life and a major food supply for the planet, researchers said on Thursday. The findings in the US journal Science, led by the Chinese Academy of Sciences, debunk previous reports that suggested a so-called pause in global warming in recent years.