Margaret Myers, director of the Inter-American Dialogue’s Aisa and Latin America program talks to The Banker’s Silvia Pavoni about China’s relationship with Latin America from trade, investment, technology and infrastructure development.
The emergence of China as a new economic partner presents trade offs for Amazon basin countries. Without special care to avoid and minimize ecological and social impacts, the costs of development run the risk of outweighing its gains.
Margaret Myers, Kevin P. Gallagher, Rebecca Ray, Paulina Garzón, Dietmar Grimm, John Reid, Amy Rosenthal, Li Zhu
A protracted trade war is expected to have lasting effects on the region’s economies. The IMF estimates slowing global growth in 2019, including in third markets, based on large part US-China trade tensions. Ongoing economic uncertainty could also weaken Latin American currencies if populations there invest in US dollars to avoid the effects of local currency devaluation.
The Dominican Republic’s president, Danilo Medina, in late March met with Chinese Vice Premier Hu Chunhua in Santo Domingo, where they agreed on new economic cooperation accords and followed up on agreements that the two countries made last year. How much have ties with China paid off for the Dominican Republic?
Margaret Myers, Ricardo Barrios, G. Philip Hughes, Mary Fernández Rodríguez
Margaret Myers, Director of the Dialogue’s Asia & Latin America Program, testified before the House Committee on Foreign Affairs on the subject of “Dollar Diplomacy or Debt Trap? Examining China’s Role in the Western Hemisphere.”
How has the trade dynamic between Brazil and China changed in recent years, and will trade flows increase significantly in the near future? What implications would stronger trade ties between the countries have for their other trading partners?
Margaret Myers, Ricardo Barrios, Andre Soares, Pepe Zhang, Haibin Niu
As the situation in Venezuela continues to unfold, Phoenix TV spoke with the Director of the Dialogue’s Asia & Latin America Program Margaret Myers on China’s position regarding the ongoing Venezuelan crisis, as well as how China’s approach to the country differs from Russia’s.
Regardless of the effect at home, Beijing’s trade-related outreach in Latin America will likely strengthen China’s overall ties to the region – specially if Latin American governments are able to achieve increasingly balanced trade.
China this month agreed to extend $5 billion in credit to Venezuela as the South American country faces severe economic problems including hyperinflation and dire shortages of food, medicines and basic goods. Finance Minister Simón Zerpa announced the credit line as President Nicolás Maduro was departing for China to seek…