Argentina and China are aiming to close a deal within days for the construction of the country's fourth nuclear power plant, a multi-billion dollar project that would cement Beijing’s deepening influence in a key regional U.S. ally.
Chinese President Xi Jinping on Tuesday left Beijing to visit Spain, Argentina, Panama and Portugal, and to attend the G20 summit. President Xi will pay state visits to the four countries from November 27 to December 5. During his trip to Argentina, Xi will attend the G20 summit from November 30 to December 1 in Buenos Aires.
Staff at Google have called on the search giant to end work on a controversial search engine project for China. Called Dragonfly, the search engine would be a censored version developed with the aid of the Chinese government. In a letter published online 60 employees said the project would only help state surveillance.
U.S. President Donald Trump is open to reaching a deal on U.S.-China trade irritants over dinner on Saturday with Chinese leader Xi Jinping but is ready to hike tariffs on Chinese imports if there is no breakthrough, White House economic adviser Larry Kudlow said on Tuesday.
Jack Ma, the head of e-commerce giant Alibaba Group Holding Ltd and China's best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached.
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.
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.
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.
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.
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.