The White House said on Thursday that a conversation between the Ukrainian president, Volodymyr Zelenskyand the Chinese leader Xi Jinping it would be “a good thing,” and urged Beijing not to take a “one-sided” view of the conflict. “We think it would be really good if the two of them talked,” National Security Council spokesman […]
Tag: China
China denounces US “attacks” on TikTok
China denounced on Thursday the “unjustified attacks” from the United States against TikTok after the Joe Biden administration recommended that the popular application separate from its Chinese parent so as not to be banned from US soil. The United States and the European Union have been taking an increasingly tough approach to the popular short […]
Goldman Sachs raises Chinese GDP growth forecast to 6% in 2023
Goldman Sachs said on Wednesday it raised its forecast for China’s Gross Domestic Product (GDP) growth this year to 6% from 5.5%. The strong recovery in sectors sensitive to the COVID-19 pandemic and the general improvement in activity data in the first two months of the year support the improved outlook, Goldman Sachs said in […]
Brazilian corn exports to China total only 70,000 tons in February, says the Government
Brazilian exports of corn to China totaled just 70,000 tons in February, with grain shipments more concentrated in the new crop of soyaccording to data published by the government statistics system. The volume represents a sharp drop compared to January, when exports to China totaled 983,700 tons of corn, out of a total exported by […]
SVB joint venture in China says its operations are “solid”
The joint venture that the collapsed US bank Silicon Valley Bank (SVB) It has in China assured this weekend that it has always operated in a “regulated and solid” manner in accordance with the regulations of the Asian country. The SPD Silicon Valley Bank (SSVB) founded in 2012 together with the state-owned Shanghai Pudong Development […]
Reactivating the economy and tension with the US, challenges for Xi’s new team
China finished today his National People’s Assembly (ANP, Legislative) in which Xi Jinping revalidated his presidential mandate for another five years with a new Executive that will have to reactivate the economy and manage tensions with USA. The almost 3,000 delegates who gathered at this annual event, in which opposition to the measures presented is […]
China keeps central bank chief and finance minister in place
China kept the governor of his central bank and to finance Minister in the annual session of Parliament, prioritizing continuity in the face of the economic challenges facing the country and abroad. President Xi Jinping, who has appointed allies to key posts in the reshuffle of the government entering his third five-year term, broke with […]
Li Qiang becomes China’s premier with a mission to revive the economy
Li Qiang, former head of the Shanghai Communist Party, took office as premier of Shanghai on Saturday. Chinathe number 2 position in the country, with which the close ally of the president Xi Jinping becomes in charge of reactivating an economy battered by three years of restrictions COVID-19. Considered a pragmatic and pro-business man, Li, […]
Argentina seeks more financing in economic projects from China
The Argentine Minister of Economy, Sergio Massa, held a meeting this Friday with the Chinese ambassador, Zhou Xiaoli, with the intention that both nations carry out projects to promote economic development, according to official sources. According to a statement from the Palace of Finance, Massa raised with the diplomat the possibility of visiting China at […]
Is the fear of inflation over? For and against rigid inflation
Two years after inflation began its rapid rise, investors, economists and policymakers remain divided on the path forward. Yes, headline inflation in major developed economies has receded from multi-decade highs, the inflationary impulses of COVID-19, such as the skyrocketing prices of used cars and semiconductors, are fading, and the gas crisis in Europe has subsided. […]