What is Latin America saying about China? – Oct 15 – Nov 4
We’ve compiled Latin American news articles on China and China-related issues. Click below for China-Latin America news highlights from over past three weeks:
October 15 – 20, 2011
October 21 – 28, 2011
October 29 – November 4, 2011
Some top stories:
- Chinese company Hidrochina will begin construction of the Delsitanisagua hydroelectric plant in Ecuador. Also in Ecuador, China’s Eximbank signed a $571 million agreement for the construction of the Sopladora hydroelectric plant in Azuay. In addition, sources from Ecuador’s Ministry of Finance confirmed that China has disbursed the first $1.4 billion of a promised $2 billion in loans to Ecuador.
- A delegation from Cajamarca, Peru, and a Peruvian Tourism Ministry delegation traveled separately to China in search of new business opportunities. In support of Peru’s commerical interests abroad, the Ministry of Foreign Affairs will establish eighteen international commercial offices, including one in Shanghai and one in Beijing. Also in Peru, the president of Perúpetro is seeking investment from China for exploration and exploitation of oil off the Peruvian coast and in Peru’s jungle.
- As in previous weeks, there is significant concern throughout much the region about the possibility of slowing economic growth in China.
- Inexpensive Chinese cars are increasingly popular in Chile and Colombia, according to articles from Chilean and Colombian press.
- Mexico remains concerned that China is dumping cheap denim and footwear on the Mexican market.
- Argentina, Chile, Colombia, and Peru all traveled to China to promote tourism to South America — they’ve launched Chinese-language tourism web sites.
- Brazil, Chile, and Bolivia have expressed concern about comparatively low levels of Chinese investment in 2011.
- The Vice Chairman of the China’s Central Military Commission, Guo Boxiong, is visiting Cuba, Colombia, and Peru to strenghten military ties.
