Tag: China

Thursday, May 6th 2010 - 05:34 UTC
China’s Main Oil Corporation Closes 3.1 Billion Deal with Argentina’s Bridas

China National Offshore Oil Corporation, CNOOC (NYSE:CEO) Ltd said on Wednesday it had closed a 3.1 billion US dollars deal with Argentina’s Bridas Energy Holdings (BEH) to buy a 50% stake in Bridas Corporation, a wholly owned subsidiary of BEH.
Thursday, May 6th 2010 - 02:33 UTC
Taiwan and China Open Tourism Offices in Beijing and Taipei

Taiwan set up its first government office in China this week sending a strong sign of improved relations following decades of hostilities that saw little official contact while the two sides stood at the brink of war.
Wednesday, May 5th 2010 - 06:14 UTC
China’s Tightens Credit, Pushes Stock Markets to their Lowest in Seven Months

China's stocks fell on Tuesday sending the benchmark index to the lowest in seven months, on concern ordering banks to set aside more reserves won't be enough to avert asset bubbles in the world's third-largest economy.
Saturday, May 1st 2010 - 07:21 UTC
China at the Centre of the World with the Opening of Shanghai World Expo

The Shanghai World Expo has got underway Friday evening with a dazzling display of artistic performances, fancy fireworks and high technologies at the opening ceremony.
Monday, April 26th 2010 - 21:24 UTC
Uruguay 2010 Soy-Bean Boom Crop Could be Just a One Year Record

Uruguay is currently harvesting what is considered a record crop of soybean the ever expanding oil seed that as in neighbouring countries is taking over land from other exploitations and has made Mercosur the world’s leading producer and exporter.
Monday, April 26th 2010 - 01:10 UTC
Serra Calls for a More “Flexible” Mercosur; Claims it Limits Brazil’s “Sovereignty”

Brazilian opposition presidential candidate Jose Serra—who leads in public opinion vote intention polls—reiterated his call for a more “flexible” Mercosur, effectively becoming a free trade area, because the current format limits Brazil’s sovereignty to sign agreements with other non member countries.
Saturday, April 24th 2010 - 11:08 UTC
Exchange Rate Disorder

By Jose Antonio Ocampo – Two troubling features of the ongoing economic recovery are the depressed nature of world trade and the early revival of international global payment imbalances. Estimates by the International Monetary Fund and the United Nations indicate that the volume of international trade in 2010 will still be 7% to 8% below its 2008 peak, while many or most countries, including industrial nations, are seeking to boost their current accounts.
Friday, April 23rd 2010 - 06:52 UTC
China-Argentina trade differences increase and are openly aired

Production Minister Débora Giorgi came out to stage on Thursday to support Argentina's trading policies after comments made by China's Vice Minister of Commerce JIang Yaoping, who claimed the Argentine Government is increasingly promoting trade protectionism against Chinese products.
Friday, April 23rd 2010 - 02:55 UTC
China interested in krill fisheries to cut foreign dependence

China has sent its ocean-going fishing vessels Kai li and An Xin Hai to the Antarctic for the 2010 krill fishing season. During a 23 day exploratory fishing they caught 2.000 tons of krill, with a daily output of 100 tons, three times than originally expected.
Friday, April 23rd 2010 - 01:26 UTC
Latam growingly dependent on Chinese demand for commodities

Latinamerican countries with a greater link to China such as Chile, Brazil and Peru are moving out of the crisis faster and stronger according to a World Bank report which underlines the increasing significance of the Asian giant for the region.