The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
China has the third largest IMF quota and voting share after the United States and Japan since the IMF reform plan being ratified by the U.S. Congress last week. [Photo: finance.sina.com.cn] Emerging powers like China, India, and Brazil ...
Tags: IMF quota, Emerging Economies
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
A Chinese man has donated hemopoietic stem cells (HSCs) to a patient with blood disease in Malaysia. Lu, 22, from south China's Guangxi Zhuang Autonomous Region, signed up to be a stem cell donor with the China Marrow Donor Program (CMDP) ...
Tags: Stem Cells, donor
China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...
Brazil's Braskem has been buying bigger volumes of naphtha from Europe in recent days due to low stocks in Brazil as the petrochemicals producer continues to negotiate with Brazilian state-led oil company Petrobras over the terms of a ...
China's climate endeavors, including its self-imposed commitments and extensive diplomatic efforts before and during the Paris climate talks, have been an indispensable part of global efforts leading to the making of final breakthrough at ...
Tags: Paris Climate Talks, greenhouse gas, global temperature
Jaguar Land Rover has confirmed its plans to open a £1bn manufacturing facility in Nitra, western Slovakia. With the plant, Jaguar Land Rover will be first British car maker to set up a plant in the country and it will employ ...
Tags: Jaguar, Land Rover, engine
Cal-Comp, a subsidiary of New Kinpo Group (NKG), and a leading global electronics manufacturing services (EMS) company, is to expand its presence in South America, by opening a new factory and adding a new plastic injection production line ...
Tags: Cal-Comp, Plastic Injection
Poultry processor Moy Park is planning to invest £10m to expand its processing facility and hatchery in Derbyshire. The move is expected to create 100 jobs. The investment will go towards the installation of a new cutting line, ...
Tags: Moy Park, birds, poultry products
Almost a million international students were currently studying at colleges and universities across the United States, a new report said on Monday. According to latest data from the 2015 Open Doors Report, an annual survey by the US ...
Jose Luis (left), and Hector (right) who are woodcutters working near Casa de Isla Negra, express their admiration of the Chinese people.[Photo by Li Ge/China Daily] The embassy coordination meeting on the 2016 China-Latin America ...
The Chinese government handed over an appeal to set up a panel to the WTO dispute settlement mechanism on EU’s tariff quota on poultry on June 19, 2015, requiring to hand over the case to review panel. Official from the Department of ...
Tags: poultry products, tariff quota
The amount of sugarcane crushed in Brazil's Parana state in the first 15 days of November was down 31% year on year to 1.61 million mt, the Bioenergy Producers Association of Parana (Alcopar) said. Parana is one of the sugarcane producing ...
China's ethanol imports in October fell from an all-time high in September, as inflows of fuel-grade denatured ethanol slid by nearly 70% even as the undenatured industrial grade posted an uptick in incoming volumes. Total imports in ...
Tags: ethanol, fuel, undenatured ethanol