China plans to invest ten billion US dollars in the production, storage and transport of soybeans in Brazil to ensure the supply of the commodity of which it is the world’s main importer, according to press reports in Beijing.
Brazilian president Dilma Rousseff and her Chinese peer Hu Jintao will address the Libyan crisis and other issues related to the Chinese currency, Yuan, which has Brazilian manufacturers most concerned, anticipated the Brazilian Foreign Affairs ministry.
President Obama welcomed Chinese President Hu Jintao to the White House on Wednesday and praised China’s success.
South Africa has been formally asked to join the BRIC group of major emerging markets, comprising Brazil, Russia, India and China, according to a statement on the web from China’s Foreign Affairs minister Yang Jiechi.
Brazilian president-elect Dilma Rousseff was included in Forbes magazine latest list of the 68 most powerful people in the world which is headed by Chinese president Hu Jintao.
Argentine Ambassador to China, César Mayoral announced in Beijing that the soybean oil conflict with Beijing that has been ongoing since the beginning of the year “will be solved in the short term.”
China and Argentina signed 18 agreements covering infrastructure, energy and railway projects on Tuesday during Argentine President Cristina Fernandez de Kirchner second day official visit which included talks with her Chinese counterpart Hu Jintao and with Vice-Premier Hui Liangyu.
Argentine President Cristina Kirchner called on Monday for an international system of financial regulation ahead of the G20's next meeting in Seoul.
Argentine president Cristina Kirchner will be signing 10 billion US dollars in trade agreements with China during her official visit to the Asian giant scheduled to begin next July 13, according to Foreign Affairs minister Hector Timerman.
US Secretary of State Hillary Clinton pressed for greater commercial access for US businesses in China on Sunday, urging Beijing for a “level playing field”. Ms Clinton spoke to US and Chinese business executives in Shanghai, following a tour of the World Expo.