China announced today that it will donate 400,000 dollars (283,500 euros) to the poorest countries to help them to join or participate in the World Trade Organization (WTO). “The program of China will finance training for the least developed countries that are candidates for the WTO,” said the Chinese Embassy in a statement. “It will […]
China National Petroleum Corp (CNPC) is negotiating agreements with Cuba on one or more exploration blocks offshore in the Gulf of Mexico, said on Wednesday Guillermo Hernandez Perez, director of Cuba’s oil exploration CUPET. “They need the data and see if what they want, and that depends on the company,” said Hernandez Perez. U.S. officials […]
China trusts the stability of the euro zone and the euro, said Yi Gang, the Vice President of the People’s Bank of China at a conference on financial stability on Monday. A united, prosperous and strong Europe plays a major role in global stability and development, Yi noted, adding that: “We support the European Union, […]
The governments of Iran and China have signed a cooperation agreement to block the entrance of low quality products from the Asian giant to the Islamic Republic, as reported by the Iranian television channel Press TV. The document, signed in Beijing on Saturday, is a regulation of products entering into the country and aims to […]
For Chinese professionals wishing to organize their events in new markets, Morocco holds the undeniable advantages that establish itself as a destination market of business tourism and conference, said Dr. Hong Sun Yong , Editor-in-chief of the magazine “China International Conference & Exhibition”, organizer of the International Tourism and Convention Business “Expo Fair Project for […]
Venezuela and China adopted 6,000 million dollars together for the China-Venezuela Bilateral Development Fund, created to finance projects in the country of Bolivar. President Hugo Chavez annouced that Venezuela has approved the transfer of 2,000 million from the National Development Fund to the bilateral fund, while China provided 4 billion for the same purposes. More […]
July 5th, The World Trade Organization (WTO) decided that the export restrictions imposed by China on a range of key industrial minerals were not justified by an environmental point of view and should be lifted. The procedure was initiated by the EU and the United States in June 2009 because they feared that their high-tech […]
On Thursday in Paris The Brazilian Finance Minister Guido Mantega accused China of manipulating its currency and also criticized the U.S. for its policy of weak dollar. “Of course, China is manipulating its currency.” said the Minister in English to the press at a forum in Paris. He also criticized U.S. monetary policy, considering that […]
July 4, 2011, Pyongyang, Kim Il Sung Square, 100,000 people gathering, condemned South Korean Lee Myung-bak government as “Gang of unprecedented traitors”.
China won the lion’s share in the the largest coking coal mine of the world. The Chinese mining group Shenhua has torn 40% of the juiciest slices of Tavan Tolgoi coal deposit in Mongolia, one of the largest untapped reserves of coal in the world. Located in the southern Gobi Desert, the site contains more […]