Tag: China

• Tuesday, November 27th 2018 - 08:51 UTC

  Trump downplays a trade deal with China ahead of Saturday's meeting with Xi in Buenos Aires

  

  United States president Donald Trump and Chinese leader Xi Jinping will meet on Saturday in Argentina on the sidelines of a Group of 20 summit in Buenos Aires, a U.S. media outlet reported on Monday. The two leaders will meet a day after the United States, Mexico and Canada sign a new trilateral trade agreement, the online edition of Inside U.S. Trade said.

• Tuesday, November 27th 2018 - 08:03 UTC

  Brazil's Minerva and Alibaba agree on five-year beef supply deal to China

  

  Brazilian food company Minerva SA has signed memorandums of understanding with China's Alibaba and another five clients in the world's most populous nation to supply frozen beef for a period of five years.

• Tuesday, November 27th 2018 - 05:20 UTC

  Oil and chemistry bring big revenues to China

  

  The oil and chemical industries have meant a 712.1 billion yuan (around 103 billion US dollar) profit for the first three quarters of the year for China's treasure, which equals a 45.2 percent increase from the same period of 2017, according to official Ministry of Industry and Information Technology figures released Monday.

• Saturday, November 24th 2018 - 09:10 UTC

  Prudent optimism that China and US can reach a trade understanding in Buenos Aires

  

  The United States and China have in the coming week what may be their last chance to broker a ceasefire in an increasingly dangerous trade war when their presidents meet in Buenos Aires.

• Saturday, November 24th 2018 - 08:59 UTC

  Oil price slumps 8% to lowest in more than a year: Crude supply grows faster than demand

  

  Oil prices slumped up to nearly 8% to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output. Oil supply, led by U.S. producers, is growing faster than demand and to prevent a build-up of unused fuel such as the one that emerged in 2015, the Organization of the Petroleum Exporting Countries is expected to start trimming output after a meeting on Dec. 6.

• Thursday, November 22nd 2018 - 09:31 UTC

  Chinese group targets Chile's Australis Seafoods salmon farms: offers US$ 880m

  

  China's Joyvio Group, subsidiary of the Chinese conglomerate Legend Holdings Corporation, has put in an offer to buy 100% of shares of Chile's Australis Seafoods for a price of US$ 880 million. The acquisition is subject to compliance and must be completed no later than April 2019.

• Wednesday, November 21st 2018 - 17:43 UTC

  Another Chilean salmon producer bound for Chinese buyover

  

  A buyover deal of Chilean salmon producer and exporter Australis by Chinese company Joyvio, subsidiary of Legend Holdings and parent of Lenovo, is close to being finalized, it was announced Tuesday.

• Wednesday, November 21st 2018 - 09:12 UTC

  President Trump top advisor suggests the “eviction of China” from the WTO

  

  One of President Trump's top economic advisers has suggested there could be a case for “evicting China” from the World Trade Organization (WTO). In a BBC interview, Kevin Hassett chairman of the president's Council of Economic Advisers said China had “misbehaved” as a member of the WTO. He also claimed that the US had been failed by the organization.

• Wednesday, November 21st 2018 - 08:38 UTC

  Dead sperm whale in Indonesia had kilos of plastic waste in its stomach

  

  A sperm whale found dead in a national park in Indonesia had nearly 6kg of plastic waste, including 115 cups, in its stomach, park officials said on Tuesday. The 9.5m whale was found in waters near Kapota Island, part of the Wakatobi National Park, southeast of Sulawesi, the park said in a statement.

• Tuesday, November 20th 2018 - 11:54 UTC

  Chinese hospital ship provides relief to needy Ecuadorians

  

  A Chinese medical support ship docked off Guayaquil is becoming essential in providing free medical care to Ecuadorians in need of it, it was reported.The Peace Ark's arrival “has been a great blessing,” said the daughter of a 75-year-old woman who received sight-saving cataract surgery.