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Argentina

This tag is associated with 3 posts

The Soybean Trade Triangle: Argentina, China and U.S.


Do not get dizzy with this triangular trading game. Bloomberg reported on Nov 27 that “Argentina replaces China as (the) biggest US soybean buyer”, compared with “none in the same year-ago period, USDA data show …” On the other hand, “Argentina’s soybean exports will grow 15.4 million tonnes in the 2018-9 harvest season … That … Continue reading

China says its new aircraft engine is better than the Russian one it was copied from


The following is based on a translation of a report in Chinese media: Chinese website huanqiu.com says that, according to an unspecified report by the news website of Russian Military Industrial Complex, China announced at the Paris Airshow that it would develop a new turbofan engine to be installed in the FC-1/JF-17 light fighter jet … Continue reading

Argentine move to seize YPF spoils Sinopec deal


Argentina’s move to nationalise local oil company YPF, controlled by Spain’s Repsol, has spoiled years of planning by China’s Sinopec Group to buy the South American company, sources said. Bankers said China’s second-largest oil company had held talks with Repsol to buy its controlling 57-percent stake in YPF. Chinese website Caixin.com cited a source as … Continue reading

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