Chinaaxis of International Trade and the first destination for Peruvian copper shipments, is facing a downward trend, according to official information. The General Administration of Customs of that country has revealed that the value of commercial exchanges in dollars, between the Asian giant and the rest of the world, contracted 13.6% year-on-year in July. In […]
Tag: China
China’s foreign trade fell 8.3% year-on-year in July
The yuan-denominated value of trade between China and the rest of the world fell 8.3% year-on-year in July, according to official data published today by the General Administration of Customs of the Asian country. In the seventh month of 2023, exchanges with other countries totaled about 3.46 trillion yuan (US$482,070 million, about 438,778 million euros […]
US on “very narrow path” to avoid recession, says IMF chief economist
The US economy is on a “very narrow path” to avoid a recession, says the chief economist of the International Monetary Fund (IMF)), Pierre-Olivier Gourinchas, who also warns of risks in China’s recovery. “A recession is not at our starting point”, Gourinchas told AFP during an interview at the IMF headquarters in Washington, ahead of […]
Boric sees the EU as a “key partner” to prevent Chile from depending only on China
The president of Chili, gabriel boricjudged that it is not good to depend on a single country, alluding to Chinaand therefore go to the European Union (EU) as a “key partner” to diversify the economy of the influence of Beijing, the main trading partner of the South American country. “China is an opportunity as long […]
G20 ministerial meeting ends without plan to reduce fossil fuels
The meeting in India of the energy ministers of the G20 ended this Saturday without being able to draw up an action plan for the progressive reduction of the use of fossil energies (oil, gas and coal). The final declaration of this meeting in Goa of the main advanced and emerging powers does not even […]
Real estate prices push young Chinese to live in mobile homes
Twiggy He’s house is less than 10 square meters. Of course, she can park it in front of her office and with its open kitchen, her bathtub and her electric piano it is the envy of her classmates. With this reconditioned yellow van, baptized “YOLO” (“You only live once”you only live once in English), it […]
Chinese hackers intercept US ambassador’s emails
Hackers linked to beijing accessed the account email of the ambassador of USA in ChinaNicholas Burns, in a spying operation believed to have compromised hundreds of thousands of US government emails, the Wall Street Journal reported. Daniel Kritenbrink, assistant secretary of state for East Asia, was also hacked in the biggest spying operation revealed earlier […]
BRICS: Argentina and Saudi Arabia want to join the club of emerging “powers”
Twenty-two countries submitted their candidature to join the group of BRICS and others showed an interest in joining, he said on Thursday South Africawhich will host the next summit of the five rising powers. The BRICS (Brazil, Russia, India, China, South Africa), seeking to gain more weight in international institutions, assured that they were open […]
China and US climate advances could depend on methane reduction
The visit this week to China of the American envoy for the climateJohn Kerry, after years of diplomatic interruptions, could boost cooperation between the world’s two biggest polluters of greenhouse gases on the key issue of methane emissions. Kerry arrived in Beijing on Sunday for talks aimed at reigniting efforts by China and the United […]
Chinese car exports to the world grew 75.7% in the first half
The car exports from China to the rest of the world soared 75.7% year-on-year in the first half of this year, according to data from the employers’ association automotive section cited this Sunday by the official Xinhua news agency. Figures from the China Association of Automobile Manufacturers (CAAM) show that between January and June, China […]