President Cristina Fernández spoke out against the US refusal to discuss Argentina’s dispute with the so-called ‘vulture funds’, (and its inclusion in the final declaration) during the G-20 meeting in Moscow, Russia.
Leaving behind an atmosphere of mistrust, China and Mexico agreed this week to upgrade bilateral ties to comprehensive strategic partnership, and thus opening broad prospects for economic and trade cooperation between the two countries.
The leaders of Mexico and China will meet for the second time in two months this week, a sign of deepening cooperation, even as the Latin American nation seeks to close a huge trade deficit. Chinese President Xi Jinping will be treated to a lavish two-day state visit in Mexico that begins on Tuesday, with an event at the Campo Marte military field with President Enrique Peña Nieto and a speech to Congress.
Uruguayan president Jose Mujica currently in Beijing on an official visit, underlined the significance of China in trade and investments fro South America, but also admitted there is some ‘fear’ mainly from Argentina and Brazil about a greater integration and dependency from the Asian giant.
China and Brazil signed an agreement to do billions of dollars of trade in their local currencies, as the five-nation BRICS forum of emerging market powers work to lessen dependence on the US dollar and Euro.
Brazil hopes to sign a bilateral accord with China to promote trade in their national currencies at next week's BRICS summit of the world's five emerging powers, Trade and Industry Minister Fernando Pimentel said on Thursday.
Chinese President Xi Jinping told US Treasury Secretary Jacob Lew in Beijing on Tuesday that he wants to build a new type of relationship with Washington centred on core interests.
China's new President Xi Jinping will fight for a great renaissance of the Chinese nation, he said Sunday as the world's most populous country completed its once-in-a-decade power transition.
China will ban executives from state-owned banks and financial companies from spending extravagantly on cars and houses, according to the state news agency Xinhua. The 12 regulations, issued jointly by the Ministry of Finance, the Ministry of Supervision and the National Audit Office, come after Communist Party chief Xi Jinping warned that the party risks major unrest and the collapse of its rule if corruption is allowed to run wild in China.
Xi Jinping has been confirmed as the man to lead China for the next decade. Mr Xi led the new Politburo Standing Committee onto the stage at the Great Hall of the People in Beijing, signalling his elevation to the top of China's ruling Communist Party.