Tag: China

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.
Monday, November 19th 2018 - 19:52 UTC
Technology and packaging help Chilean fruit exports conquer Chinese market

The standardisation of products through technology advancements has helped Chilean fruit exporters conquer China as a destination, it was the reported.
Monday, November 19th 2018 - 09:08 UTC
Expectations Buenos Aires G 20 leaders' summit could soften US/China trade war, after APEC's failure

An acrimonious meeting of world leaders in Papua New Guinea failed to agree Sunday on a final communiqué, highlighting widening divisions between global powers China and the U.S. It now seems that the next occasion will be in Buenos Aires in the framework of the G20 leaders summit when presidents Trump and Xi are expected to hold a bilateral meeting.
Sunday, November 18th 2018 - 15:19 UTC
Key Chinese nuclear weapons developer dies aged 100

Cheng Kaijia, the nuclear physicist behind China's nuclear weapons programme, has died in Beijing at the age of 100, it was reported Saturday.
Wednesday, November 14th 2018 - 10:29 UTC
US and China trade talks ahead of Xi and Trump's meeting in Buenos Aires

United States and Chinese negotiators have revived trade talks in the hopes of reaching a draft agreement before President Donald Trump and Chinese leader Xi Jinping meet face-to-face on the sidelines of the G20 meeting in Argentina.