Tag: China

Wednesday, July 26th 2023 - 10:28 UTC
Nicaragua on verge of FTA with China

Nicaraguan authorities Tuesday announced that a Free Trade Agreement (FTA) with China is ready to be signed next month after the “substantial conclusion” of the ongoing negotiations, it was reported in Managua.
Wednesday, July 19th 2023 - 10:30 UTC
Where is China's foreign minister, Qin Gang missing since 25 June?

The lengthy absence from public view of China's Foreign Minister Qin Gang has sparked furious online speculation, again highlighting China's secrecy. The 57-year-old has not been seen in public for 23 days - his last reported engagements were on 25 June.
Tuesday, July 18th 2023 - 10:30 UTC
Growing concern in China over urban areas youth (16 to 24 years) unemployment

The jobless rate of 16 to 24 year olds in Chinese urban areas rose to 21.3% last month, official figures released by Beijing show. It comes as the world's second largest economy grew just 0.8% in the three months to the end of June.
Wednesday, July 12th 2023 - 21:06 UTC
China extends financial measures for the battered real estate to the end of 2024

China's top financial regulators announced this week that financial support measures for qualified real estate developers, taken in November 2020, will be extended through the end of 2024, in order to continue to guide more financial support for firms and to ensure deliveries of homes.
Wednesday, July 5th 2023 - 10:32 UTC
Bolivian leader in favor of switching from US dollars to yuan

Luis Arce Catacora, president of Bolivia, a Mercosur associate nation that has long been trying to become a full member of the bloc, said Tuesday during the 62nd Summit in Puerto Iguazú (Argentina) that it was time we “move[d] away from the [US] dollar to base ourselves on the [Chinese] yuan and strengthen our own currencies.”
Tuesday, July 4th 2023 - 10:27 UTC
Yellen travels to China to restore a healthy economic relation, “destabilization punishes both countries”

United States Treasury Secretary Janet Yellen will travel to China this week to restore ties, the Treasury Department announced. Yellen, who will be in Beijing from July 6-9, will meet with high-ranking representatives of the Chinese government but not China's President Xi Jinping.
Tuesday, July 4th 2023 - 08:37 UTC
China's downturn and youth unemployment, cutting down marriages and new families

A report published by China's Ministry of Civil Affairs in June shows the number of marriage registrations across the country was the lowest in 37 years, following eight years of decline. Only 6.83 million couples tied the knot in the Asian nation last year.
Friday, June 30th 2023 - 10:32 UTC
Bolivia signs lithium production deals with Russian, Chinese companies

Bolivia's state-owned company Yacimientos de Litio Bolivianos (YLB) Thursday signed two separate agreements whereby Chinese and Russian companies will invest over US$1.4 billion to build two industrial complexes for the production of lithium carbonate, it was reported in La Paz.
Friday, June 30th 2023 - 10:28 UTC
Argentina to pay the IMF with Chinese money

Argentine authorities Thursday announced that ”the payment of 2.7 billion dollars to the IMF corresponding to the second quarter will be made, partly in Special Drawing Rights (SDR) of the Treasury and partly with yuan, without using Central Bank reserves.”
Wednesday, June 21st 2023 - 11:15 UTC
Biden spoils Blinken's trip to Beijing by likening Xi to a dictator?

United States President Joe Biden on Tuesday likened Chinese President Xi Jinping to a “dictator.” The comment came just a day after top US diplomat Anthony Blinken's trip to Beijing aimed at easing tensions between the two countries