Tag: Economy

Peru seeks to implement Special Economic Zone in Chancay Megaport

Dina Boluarte’s government evaluates the possibility of declaring the mega port of Chancay as a Special Economic Zone, after her recent visit to China.
Fundación Andrés Bello

Argentina renews US$5 billion currency swap with China

The Central Bank of the Argentine Republic announced the renewal of the currency swap with the Central Bank of the People’s Republic of China for an amount of US $5 billion.
Fundación Andrés Bello

China and the IMF Advance Negotiations on Argentina’s Debt

The IMF is hoping China will agree to reschedule payments on an $18 billion swap line granted to Argentina, which is crucial to maintaining IMF financial support.
Fundación Andrés Bello

China detains Guatemalan products due to its support for Taiwan

Professor Pedro Isern of the Cescos Foundation in Uruguay denounces the detention of Guatemalan shipments in Chinese ports as political retaliation for Guatemala’s support of Taiwan.
Fundación Andrés Bello

Brazil leads the market for chinese electric vehicles

Brazil has surpassed Belgium to become the main export market for electric vehicles, with exports increasing 13-fold compared to the previous year.
Fundación Andrés Bello

Meat exporters want to renegotiate prices in China

Photo: The Argentine Beef Promotion Institute (IPCVA). With the aim of improving prices and consolidating business relationships, Argentine meat exporters will participate in Sial China 2024, one of the most important food sector fairs, which will be held from May 28 to 30 in Shanghai. The Argentine Beef Promotion Institute (IPCVA) will lead the participation […]
Fundación Andrés Bello

Venezuela and China sign agreement for reciprocal promotion of investments

Photo: Venezuela’s vice-presidency X account. Venezuela and China have signed an agreement for the reciprocal promotion and protection of investments. This pact, which establishes a regulatory framework for Chinese companies investing in Venezuela and encourages the participation of Venezuelan companies in China, was announced this Wednesday by Venezuela’s Vice President, Delcy Rodríguez. “We are laying […]
Fundación Andrés Bello

Importers purchase U.S. soybeans due to brazilian supply shortage

Photo: Pixabay. In recent days, some Chinese importers have acquired shipments of soybeans from the United States, according to grain traders from Europe and the United States who spoke to Reuters on Tuesday. It is estimated that each shipment consists of around 65,000 metric tons and is scheduled to be shipped in July. According to […]
Fundación Andrés Bello

Latin America increases tariffs on Chinese steel

Photo: Pexels. In a sign of growing economic protectionism, various Latin American countries have followed the steps of the United States and Europe by imposing tariffs on steel imports from China, according to analysis compiled by Bloomberg. In recent weeks, Mexico, Chile, and Brazil have increased, and in some cases doubled, tariffs on these products, […]
Fundación Andrés Bello

USA warns Mexico over commercial ties with China

Photo: Wikimedia Commons. This week, the administration of U.S. president Joe Biden announced it will impose a 50% tariff on US$18 billion worth of Chinese products, in a move that escalates tension in its trade war with China. This measure not only aims to protect U.S. interests but also sends a message to Mexico regarding […]
Fundación Andrés Bello
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