Monthly Archives: July 2014

Singapore companies expand presence in Tianjin

  Singapore and Tianjin companies signed eight agreements for collaboration at the Sino-Singapore Tianjin Eco-City (SSTEC) on Wednesday (July 30), further strengthening the Republic’s position to support and leverage on Tianjin’s rapid economic growth. The deals – part of the … Continue reading

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China, Japan and Russia zero in on Latin America

  The leaders of China, Russia and Japan all descended on Latin America in recent weeks, jostling with the United States to increase their influence, invest and tap into resource-rich markets. The latest arrival was Japanese Prime Minister Shinzo Abe, who … Continue reading

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South Korea unveils US$40b economic stimulus package

  South Korea unveiled a $40 billion stimulus package Thursday (July 24) as the finance minister warned of a risk of recession after the economy grew at its slowest rate for more than a year in the second quarter. Citing … Continue reading

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The Indonesian government to develop industrial estates outside Java

    The government plans to build a large number of industrial estates outside Java within the next two decades, aiming to spread industrial growth to less developed regions and to create significant multiplier effects in Southeast Asia’s top economy. … Continue reading

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Switzerland, China agree swap boosting role of yuan

The Swiss and Chinese central banks signed a currency swap agreement in Beijing on Monday (July 21), marking an important step in the development of a market for yuan in Switzerland, the Swiss central bank BNS said. The agreement, highlighting … Continue reading

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China’s Xi signs Venezuela resource deals on LatAm blitz

Chinese President Xi Jinping signed a raft of oil and mineral deals with Venezuela on Monday (July 21), his latest stop on a Latin American tour showcasing China’s growing influence in the region. During his four-country visit to what is … Continue reading

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China’s Xi seeks to woo Latin America

Chinese President Xi Jinping pressed a charm offensive with Latin American leaders on Thursday, highlighting Beijing’s growing interest in a resource-rich region traditionally considered the backyard of the United States. Xi was welcomed by Brazilian President Dilma Rousseff at the … Continue reading

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