The government of USA warned this Tuesday to China that it will take all possible actions, both dissuasive and diplomatic, to ensure that China does not annex Taiwan by force. This was pointed out by the White House national security adviser, Jake Sullivan, in response to a question about whether the United States is prepared […]
Tag: China
China says that “the US. will pay a price ”for his boycott of the Olympic Games
China warned that the United States “will pay a price” after Washington announced a diplomatic boycott of the 2022 Beijing Winter Olympics in protest of human rights abuses in the Asian country. “The United States will pay a price for its wrongdoing,” said Chinese Foreign Ministry spokesman Zhao Lijian, who also announced that Beijing has […]
Hong Kong is getting ready to receive the best Peruvian coffees, alfajores and picarones
In order to position Hong Kong As a destination for Peruvian coffee exports, the Consulate of Peru in that Chinese region, with the support of the Association of Exporters (ADEX), organized a series of activities throughout the month of November to spread the variety and richness of the Peruvian coffee companies among the Hong Kong […]
The US confirms its diplomatic boycott of the Winter Games in Beijing
USA confirmed this Monday that he will not send any diplomatic representative to the Beijing 2022 Winter Olympics, in protest of human rights abuses in the Asian giant, although American athletes will participate in the event. “The government (of US President Joe) Biden will not send any diplomatic or official representation to the 2022 Beijing […]
Bank investment chiefs eye China and emerging markets cautiously
Updated on 12/06/2021 01:12 pm Market volatility and uncertainty about China’s indebted real estate sector have led banks’ investment chiefs to be cautious about their assets, when there is broader nervousness about emerging markets as a whole. “I would take a ‘wait and see’ approach in emerging markets,” Credit Suisse global chief investment officer Michael […]
China releases $ 188 billion from banks in second reserve requirement cut of the year
Updated on 06/12/2021 10:44 am China’s central bank announced that it will cut the amount of cash banks must keep in reserve, its second such move this year, freeing up 1.2 trillion yuan ($ 188 billion) in long-term liquidity to fuel growth. economic, which has slowed down. The People’s Bank of China (PBOC) said on […]
Evergrande Moves Toward Restructuring; Chinese government seeks to contain risks
The China Evergrande group created a risk management committee on Monday as the cash-strapped property developer approaches a debt restructuring, which has been looming for months in global markets and in the world’s second-largest economy. . The real estate giant, which is grappling with more than $ 300 billion in liabilities and at risk of […]
These six events that will mark the year 2022
High-risk elections for Joe Biden in the United States, an unprecedented World Cup and an expected resurgence of festivals: these will be some of the events expected for the year 2022. Winter games under surveillance in Beijing The world elite of winter sports has an appointment at the Olympic Games in Beijing, from February 4 […]
China says non-payment of Evergrande will have no impact on the banking system
The China Bank and Insurance Regulatory Commission (CBIRC) said today that the possible non-payment of US $ 260 million of a guarantee by the indebted real estate giant Evergrande “will not have a negative impact” on the banking and insurance sectors. The CBIRC was one of the bodies that spoke out shortly after the company […]
The multi-million dollar investment plan with which Europe seeks to compete with the New Silk Road
The European Union has unveiled the details of a US $ 340 billion global investment plan, which was described as a “true alternative” to the Belt and Road Initiative. China, also known as the New Silk Road. The president of the European Commission (EC), Ursula von der Leyen, said that the Global Gateway scheme (Global […]