Several companies chinese They are “preparing evidence” to request the country’s authorities to open an anti-subsidy investigation against some imports of dairy products from the European Union (EU), said the official newspaper Global Times. In a message published this Saturday on the social network Although at the moment no further details are known and the […]
Tag: China
Tiananmen, 35 years later: a generation with more resources but much more controlled
Political control in China is, 35 years after the Tiananmen massacre, much harsher than in 1989, denounce Human rights who, however, believe that younger generations are better informed and have more resources to overcome the censorship. More than three decades after the events that occurred on the night of June 3 to 4, 1989, when […]
Venezuela promotes the development of space research
The Francisco Duarte Astronomy Research Center (Cida) and the Bolivarian Agency for Space Activities (Abae) of Venezuela They held a meeting to strengthen inter-institutional cooperation for the development of space research, the Ministry of Science and Technology reported this Friday. Through a press release, the portfolio explained that this alliance represents an opportunity to develop […]
China fines real estate giant Evergrande more than US$500 million for fraud
The China Securities Regulatory Commission (CSRC) fined the Chinese real estate giant Evergrande with $576 million for fraudulent business practices, the agency announced on Friday. “Between 2019 and 2020, Evergrande Real Estate fraudulently increased its revenues and profits by prematurely recognizing revenue, which resulted in the fraudulent issuance of publicly offered bonds in the foreign […]
Peru and China: negotiations to eliminate double taxation will continue in November
Agreement will be favorable for investments and trade in goods and services, according to the MEF. Join the WhatsApp channel The Minister of Economy and Finance, José Arista, reported that in November the second meeting with China will be held to draft a treaty that eliminates double taxation, as well as tax evasion and avoidance. […]
Shanghai will lower entrance fees and offer subsidies to revive the real estate market
The eastern Chinese megalopolis of Shanghai, considered the economic capital of the asian countryannounced a package of measures to revive the real estate market, among which the withdrawal of restrictions, the reduction of entry fees or subsidies for those who sell to buy stand out. In a statement released Monday night, the city’s Office of […]
Xiaomi doubles net profit by almost US$ 900 million in the first quarter of 2024
Xiaomithe electronic consumer and smart manufacturing company whose main line of business is smartphones and the smart hardwareannounced its unaudited Q1 results ended March 31, 2024. In the said period, the Group’s total revenue amounted to RMB 75.5 billion (US$10.421 million), an increase of 27% year-on-year. Likewise, andNet profit reached an all-time high, increasing 100.8% […]
China invests more than US$47 billion to strengthen its chip industry
China injected more than US$47 billion into an investment fund to strengthen its integrated circuit industry, with a view to increasing its autonomy in this sector, according to a database consulted by AFP on Monday. Chips made with semiconductor materials are essential for many products in the modern economy, from televisions and cars to weapons, […]
What impact would Donald Trump’s economic program have?
After a first government marked by strong tax cuts and an increase in tariffs for imported products from China, the republican candidate for president of USA, Donald Trump, He wants to take that path again. He even proposes generalizing tariffs on all imports, within the framework of an economic program that contains risks in a […]
China sends dozens of planes and warships near Taiwan
Taiwan detected dozens of planes and ships on Friday war Chinese off their coasts, on the second day of a large military exercise carried out by Beijing to show its displeasure at the takeover of the autonomous island by the new leaders, who refuse to give in to their insistence that Taiwan is part of […]