The president of USA, Joe Bidenwants to reestablish military ties with ChinaThe US national security adviser said on Sunday. White HouseJake Sullivan, days before the president and his Chinese counterpart meet. Biden will meet in person with Chinese President Xi Jinping for the first time in a year on Wednesday during the Asia-Pacific Economic Cooperation […]
Tag: China
The antidumping against taffeta did not work and the producers return to the charge at Indecopi
The Commission on Dumping, Subsidies and Elimination of Non-Tariff Trade Barriers of Indecopi (CDB) initiated, at the request of the national production company Tecnología Textil SA, an examination procedure of the antidumping duties imposed on imports of 100% plain weave fabrics. polyesters of Chinese origin. The objective of the new procedure is to determine the […]
The US applauds “nearshoring” in Mexico to “not do business” with China
The president of the United States Hispanic Chamber of Commerce (USHCC, in English), RamiroCavazos, applauded this Thursday the decree of the Mexican government that facilitates the phenomenon of chain relocation or ”nearshoring” for, like this, “do not do business with China”. This is how Cavazos explained it and opted for “strengthen” the business relationship “very […]
IMF: China will grow 5.4% but will slow down in 2024 due to real estate crisis and foreign demand
The chinese economy will grow 5.4% this year but will slow down to 4.6% in 2024 due to the “continued weakness” of the real estate market already a “off“demand coming from abroad, indicated today the International Monetary Fund (IMF). In its annual evaluation of the state and prospects of the Chinese economy, the institution explained […]
“Unique opportunity”: Mexican firms go for “nearshoring” to grow
From real estate firms to financial and hotel groups in Mexico They are making bets because the investments derived from the phenomenon known as “nearshoring” strengthen the domestic economy and radiate to its sectors. The Government estimates that the growing trend of moving the production of large corporations to the country to bring it closer […]
ECLAC: 1 in every 5 dollars of added value generated in Latin America and the Caribbean is exported to China
The commercial exchange between China and Latin America and the Caribbean multiplied 35 times since 2000 and went from US$14 billion in 2000 to nearly US$500 billion in 2022, according to a report by the Economic Commission for Latin America and the Caribbean (ECLAC) “As a result of the great dynamism of commercial exchange, China […]
The US will question China for its “unfair economic practices” at the APEC forum
USA will ask China explanations about their “unfair economic practices” at a high-level meeting this week in San Francisco between the US Treasury Secretary, Janet Yellenand Chinese Vice Premier He Lifeng. He’s visit, which will take place on the 9th and 10th, was confirmed this Monday in a statement by the Treasury Secretary and takes […]
ECLAC: Trade in goods between China and Latin America multiplied by 35 in a decade
Trade in goods between Latin America and China multiplied by 35 between 2000 and 2022while the region’s total trade with the world only multiplied by 4, the Economic Commission for Latin America and the Caribbean (ECLAC) indicated this Thursday. In its annual report on international trade prospects in the region, the United Nations organization based […]
ECLAC: trade between China and Latin America multiplied by 35 in a decade
Trade in goods between Latin America and China multiplied by 35 between 2000 and 2022, while the region’s total trade with the world only multiplied by 4, the Economic Commission for Latin America and the Caribbean (ECLAC). In its annual report on international trade prospects in the region, the United Nations organization based in Santiago, […]
China gains ground in the “lithium triangle” with Chile, Bolivia and Argentina
China has gained ground in the “triangle of lithium” that make up Chili, Bolivia and Argentinawith a wave of investments to acquire assets of this metal, key in the energy transitionwhich have guaranteed it, according to experts, a preferential position throughout the production chain. The International Energy Agency (IEA) has documented in a recent report […]