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Artificial intelligence chip company Cambricon Technologies Corp said on Tuesday that it will raise 2.58 billion yuan (7.76 million) from an initial public offering on Shanghai's STAR Market, at an offer price of 64.39 yuan a share.

Argentina's productive sector has "very high hopes" of seeing the expansion of exchanges between the two countries "because nowadays in China, the consumption of high quality foods is beyond question a reality," said Wagner.

Apple's purchase of Intel's smartphone modem patents and other technology could bolster its attempt to build its own line 5G chips and lessen its dependence on Qualcomm. The Cupertino, California, has hammered out a licensing agreement with Qualcomm that carries through April 2025, with an option to extend for an additional two years after that.

As Asian economies were tailoring their economies for global trade starting in the 1960s and '70s, Latin American countries were toying with protectionist policies of import substitution, in essence looking to manufacture goods domestically rather than importing them. They did this through tariffs that made imports very expensive.

Areas leading on upgrading agenda see rosier economic performance in H1