Author: xjadmin

On May 13th, the heat of mergers and acquisitions in A-shares continues to rise. According to data from Wind Information, 24 A-share listed companies disclosed their latest announcements on the progress of mergers and acquisitions from May 6th to May 10th. In addition, as of May 12th, A-share companies issued 66 major asset restructurings during the year, a year-on-year increase of 144.44%. The interviewed experts believe that in the future, with the implementation of the “Six Measures for Mergers and Acquisitions” supporting measures, the support for mergers and acquisitions of science and technology innovation enterprises will be further increased, the efficiency of review is expected to be further improved, and the supporting financing and payment methods will also be more flexible, thereby further activating the merger and acquisition market. (Securities Daily)

On May 13th, the Egyptian Ministry of Foreign Affairs issued a statement saying that Egyptian Foreign Minister Abdullati had a phone call with Qatar’s Prime Minister and Foreign Minister Mohammed on the same day, and the two sides discussed joint efforts to restore the ceasefire agreement in the Gaza Strip. The statement said that both sides discussed the latest developments in the Gaza Strip and exchanged views on the joint efforts of Egypt, Qatar, and the United States in restoring the ceasefire agreement in the Gaza Strip, releasing detained persons, and immediately delivering humanitarian aid. Both sides also discussed measures to implement the Gaza Strip reconstruction plan supported by Arab and Islamic countries, as well as preparations for an international conference on Gaza reconstruction hosted by Egypt, and welcomed the release of Palestinian Islamic Resistance Movement (Hamas) detained individual Aidan Alexander, who holds dual citizenship of the United States and Israel.

On May 13th, the Centers for Medicare and Medicaid Services (CMS) released draft guidance on the third round of Medicare drug price negotiations, which includes policies to improve negotiation transparency, prioritize the inclusion of high cost prescription drugs in Medicare, and policies to minimize the negative impact of negotiated fair maximum prices on drug innovation in the United States.

On May 13th, Russian Foreign Ministry spokesperson Zakharova said on the 12th local time that Western countries want to achieve a 30 day ceasefire between Russia and Ukraine, with the aim of giving Ukraine a breathing space to restore military potential and continue to confront Russia.

On May 13th, Russian Deputy Prime Minister Novak stated in an article published in an energy policy magazine on May 12th that due to global demand growth, domestic investment, and tax changes, Russia is expected to continue increasing its oil production to 10.8 million barrels per day in the near future.

On May 13th, the finance ministers’ meeting of Eurozone member states was held in Brussels, Belgium on May 12th local time. European Commission Executive Vice President and Trade Commissioner Dombrovskis stated at a press conference after the meeting that the focus of the discussion was on the international situation and the macro impact of US tariffs on the EU, US, and global economy. Dombrovskis reiterated that the EU will continue to be committed to finding a solution through negotiations with the United States, while promoting cooperation with member states to develop possible response measures if necessary.

On May 13, President Erdogan of Türkiye responded to the announcement of the dissolution of the PKK. He said that Türkiye is firmly moving towards the goal of “Türkiye without terror”, a key threshold has been crossed, and the decision of the PKK to dissolve itself is of great significance. Erdogan pointed out that this decision should also cover all branches of the organization in Syria, Iraq, and Europe. He stressed that Türkiye’s national institutions will closely monitor the whole process to ensure that relevant commitments are effectively implemented. Erdogan also said that despite the different origins, cultures and beliefs of citizens, all people are Türkiye citizens who enjoy the same rights.

On May 13th, according to data from the US Department of Agriculture, the expected soybean production for the year 2025/2026 in the United States in May is 4.34 billion bushels, with a market expectation of 4.338 billion bushels. The expected final soybean inventory for the 2025/2026 season in the United States in May is 295 million bushels, with a market expectation of 362 million bushels. The expected soybean yield for the year 2025/226 in the United States in May is 52.5 bushels per acre, and the market expectation is 52.5 bushels per acre.

Mexico City, May 12 (Xinhua) — China and Latin America join hands to paint a beautiful decade together

Hand in hand, the political mutual trust between China and Latin America continues to deepen. In recent years, high-level interactions and strategic communication between China and Latin America have been maintained. China Latin America relations have undergone the test of international turbulence and have entered a new stage of equality, mutual benefit, innovation, openness, and benefiting the people. In recent years, countries such as Panama, the Dominican Republic, El Salvador, Nicaragua, and Honduras have successively established or restored diplomatic relations with China. China’s relations with countries in the region have been upgraded in quality. China’s relations with Brazil have been positioned as a community of shared future for building a more just world and a more sustainable planet. China’s relations with Venezuela have been upgraded to an all-weather strategic partnership, its relations with Uruguay have been upgraded to a comprehensive strategic partnership, and strategic partnerships have been established with Colombia and Nicaragua. The global development initiative, global security initiative, and global civilization initiative proposed by China are increasingly recognized by more Latin American countries.

Mutually beneficial and win-win, China Latin America economic and trade cooperation continues to expand. Over the past decade, China Latin America economic and trade cooperation has achieved remarkable results: the trade volume of goods between China and Latin America has continued to rise, and China has maintained its position as the second largest trading partner in Latin America; By the end of 2023, China’s direct investment stock in Latin America reached 600.8 billion US dollars, making Latin America the second largest destination for China’s overseas investment; The “circle of friends” of the joint construction of the “the Belt and Road” in Latin America is expanding. China has signed memorandums of understanding with more than 20 Latin American and Caribbean countries on the joint construction of the “the Belt and Road”. A number of landmark major projects are steadily advancing and cooperation potential is constantly releasing. As of November last year, China has five free trade partners in Latin America, signed early harvest arrangements for free trade agreements with Honduras, and substantially completed negotiations on upgrading free trade agreements with Peru. With the continuous release of the dividends of free trade, the economic and trade cooperation between China and Latin America shows a broader prospect. China has been the largest exporter of Chilean cherries for seven consecutive years, with over 90% of Chilean cherries sold to China; In Ecuador, for every 100 cars sold, 37 come from China.

Moving towards a new direction, the improvement of China Latin America cooperation has demonstrated its effectiveness. Under the framework of the China Latin America Forum, activities such as the China Latin America Science and Technology Innovation Forum, China Latin America Digital Technology Cooperation Forum, and China Latin America Aerospace Cooperation Forum have been successfully held. The economic and trade cooperation between China and Latin America continues to expand from traditional fields to new energy, digital technology, cross-border e-commerce and other fields, constantly releasing new vitality. At the same time, China and Latin America jointly built the “the Belt and Road” to a new level of high-level cooperation. In Trinidad and Tobago, the Phoenix Industrial Park, the flagship project of the “the Belt and Road”, has become the first environmental light industrial park in Latin America with full coverage of the 5G network, promoting the upgrading of local industries; On the streets of big cities such as Colombia, Bogota, and Medellin, an increasing number of Chinese brand electric taxis have become a new landscape for urban green transportation; China’s cloud computing, big data, and artificial intelligence technologies are widely empowering industries such as finance, education, culture, and entertainment in Latin America, assisting local enterprises in their digital transformation.

Open and inclusive, the development achievements of China and Latin America benefit the people. China provides scholarships and training opportunities to member states of the Latin American Community, implements “Small and Beautiful” livelihood cooperation projects in the local area, and sets up Confucius Institutes or Confucius Classrooms in more than 20 Latin American countries. Luban Workshop and Chinese Workshop have strengthened cooperation between China and Latin America in the field of vocational education. The cultural exchange activities such as the “China Latin America Cultural Exchange Year” and the “Bridge of the Future” China Latin America Youth Leaders Training and Exchange Camp continue to be carried out, promoting mutual learning of civilizations and people to people exchanges between China and Latin America. Recently, the new Line 1 of the Mexico City subway held a partial opening ceremony, with Chinese companies helping to comprehensively upgrade the system equipment and improve the commuting experience of citizens, becoming a microcosm of China Latin America cooperation benefiting the public.

Embracing challenges together, China and Latin America emit a strong voice of the global southern era. Currently, the changes in the world, history, and era are unfolding in unprecedented ways, with a significant increase in global uncertainty, instability, and unpredictability. As true practitioners of multilateralism, China and Latin America maintain good communication and cooperation on global issues. Last May, China and Brazil jointly issued a “six point consensus” on the political resolution of the Ukrainian crisis, which received widespread support and response. In January of this year, Bolivia, Cuba and other countries became BRICS partners, and cooperation among countries in the global South is increasingly becoming a new trend of the times. Recently, in the face of unilateralism, protectionism, and bullying, China has decisively taken strong countermeasures, and its just actions have won widespread support from developing countries including Latin American countries. The 9th Summit of the Community of Latin American and Caribbean States adopted the Tegucigalpa Declaration, calling for common development through solidarity and cooperation, reflecting the collective call of the global South to promote global governance reform.

Ten years of wind and rain, ten years of spring and autumn harvest. Standing at a new historical starting point, the China Latin America relations in the new era have ushered in broader development prospects. As an important platform for gathering friendly forces between China and Latin America, the China Latin America Forum will further promote the deepening and implementation of China Latin America cooperation, inject stability and positive energy into the turbulent world, promote the stable and far-reaching construction of a community of shared future between China and Latin America, and open the next beautiful decade for China Latin America relations.

On May 12th, according to the Chinese Embassy in Canada, on May 9th, Chinese Ambassador to Canada Wang Di was interviewed by Vassiliki “Vassy” Kapelos, the host of the political talk show “Question Period” on CTV News. The interview section is recorded as follows: “Inquiry Moment”: When you talk about free trade and the importance that Canada and China attach to free trade, it is not completely free trade between the two countries now. Canada imposes tariffs on electric vehicles manufactured in China. China has imposed retaliatory tariffs on agricultural products worth approximately CAD 3 billion from Canada. Has there been any dialogue between the governments of the two countries regarding the cancellation of these tariffs at present? Ambassador Wang Di: Last year, Canada unilaterally imposed unilateral tariffs on China. We have been in communication with the Canadian government, but unfortunately, despite China’s repeated dissuasion, Canada still imposed unilateral tariffs on China. After investigation, China has determined that these tariffs are indeed discriminatory measures against China, so we have taken corresponding countermeasures. I would like to point out that China’s countermeasures are a response to Canada’s unilateral tariffs. If Canada adjusts its measures, China will certainly adjust its measures as well. Inquiry Moment: The Canadian government stated that the initial imposition of tariffs was necessary due to China’s very high government subsidies, which are protectionist measures. My question is, have both parties discussed the cancellation of these tariffs or countermeasures? Since the implementation of these tariffs in October last year, the overall environment has changed considering the situation in the United States. Can you now inform if the federal government has conveyed to you or your colleagues the possibility of lifting tariffs on electric vehicles? Ambassador Wang Di: Now it should be said that the ball is on the Canadian side. The Canadian government has repeatedly expressed to us its desire to communicate on issues between the two sides through dialogue. But recently, various factors such as the federal election and the formation of a new government in Canada have affected further communication. I look forward to holding talks on relevant issues as soon as possible in the near future.