The deflation in China accelerated in November, according to official data published on Saturday, reflecting the difficulties of the second economy world to stimulate consumption after Covid-19. President Xi Jinping himself said on Friday that the post-pandemic recovery is “still in a critical phase” and warned of “the growing adverse factors in the international political […]
Tag: China
US Treasury announces sanctions against fentanyl trafficking network in Mexico
USA imposed sanctions against 15 Mexicans and two companies accused of being part of a network dedicated to trafficking fentanyl to that country, the Secretary of the Treasure, Janet Yellen, at a time when Washington seeks to intensify its fight against that deadly substance. “Today, more people between the ages of 18 and 49 die […]
Moody’s downgrades China’s credit outlook for these two reasons
The rating agency Moody’s on Tuesday cut the outlook for the sovereign note of China from stable to negative, in the latest sign of growing global concern about the impact of rising debt of local governments and the worsening of the real estate crisis in the second largest economy in the world. The rating downgrade […]
European Union warns that it will not tolerate high imbalance in trade with China
Currently, the trade deficit of the European Union (EU) in its exchange with China reaches US$433,000 million (400,000 million euros). Furthermore, Ursula von der Leyen, president of the European Commission, specified that this imbalance has doubled in the last two years. “European leaders will not tolerate the trade imbalance in our relationship over time. We […]
China reaffirms that respiratory outbreaks are due to known pathogens
The health authorities of China reaffirmed, based on recent data obtained from case monitoring, that the high incidence of respiratory diseases in recent weeks it is due to known pathogens. The National Health Commission of the Asian country indicated in a press conference that it has not detected any infection due to new viruses or […]
China explains increase in respiratory diseases
The increase in respiratory diseases in China that has attracted the attention of the World Health Organization (WHO) is caused by the flu and other known pathogens and not by a new virus, the Health Ministry said on Sunday. Recent clusters of respiratory infections are caused by an overlap of common viruses such as influenza, […]
China to increase clinics to treat fever due to outbreak of respiratory infections
The Health Commission of China urged local authorities this Sunday to increase the number of clinics to treat fever cases at a time when the country faces an outbreak of respiratory infections due to “known pathogens”. Commission spokesperson Mi Feng stated at a press conference that “The increase in acute respiratory infections is related to […]
China, Japan and South Korea agree to strengthen trilateral ties and propose a summit
The foreign ministers of ChinaJapan and South Korea agreed Sunday to resume cooperation and pave the way for a summit of their three leaders, in the latest diplomatic effort to ease tension in the region. As China and the United States mend their frayed ties, including a summit this month between Presidents Xi Jinping and […]
China: Apple sales decrease while Huawei and Xiaomi register increases
Manzana recorded a decline in the number of smartphones sold during the recent Singles’ Day shopping festival in Chinaaccording to data from Counterpoint Research, behind its local rivals Huawei and Xiaomi, which registered strong increases. The number of Apple smartphones sold decreased by 4% year-on-year during the two sales weeks, Oct. 30 to Nov. 12, […]
Uruguay wants to accelerate trade negotiations with China and Mercosur
The Uruguayan president, Luis Lacalle Pou, expressed his desire to “speed up” negotiations on a free trade agreement between Uruguay, China and the commercial block Mercosurwhen meeting with Chinese Premier Li Qiang on Thursday, according to Chinese state media. China, the world’s second largest economy, is already a major investor in South America and has […]