Category: Latin America 🌎

News from Latin America and the Caribbean

Minerva and high Chinese demand

Minerva affirmed that it will continue to meet Chinese beef demand through four slaughter units, three in Uruguay and one in Argentina. This follows a confirmed case of mad cow disease in the state of Pará in Brazil. Minerva, South America’s leading beef processor and exporter, present in Colombia, Chile, and Paraguay, assured that the strategy will prevent its market share from being affected as China is the largest importer of Brazilian product and has a protocol for suspending business in the event of cases of atypical Bovine Spongiform Encephalopathy, something that has already occurred in the past.

The U.S. monitors China’s progress in Latin American economies

A report by the U.S. Congressional Research Service (CRS) states that the U.S. government is closely monitoring China’s advance in Latin American economies, including Mexico. The document notes that China has been increasingly engaged in Latin America and the Caribbean (LAC) since 2001, particularly in diplomatic and economic terms.

China outranks Colombia, Brazil and Peru as the largest Amazonian fish producer

In 2020, 59,400 tons of this species were produced in the Asian country, while Colombia produced 33,000 tons, Vietnam: 23,000, Peru: 2,100, and Brazil: 1,800. This is due to the fact that China, together with other Southeast Asian countries, has not only focused on fish production for human consumption, but has also become a leader in breeding Amazonian ornamental fish.

Increased Importation of New Energy Vehicles from China

Latin America’s consumption of New Energy Vehicles has recently increased, with Chinese-imported electric vehicles having been widely accepted by the region’s population.

Chinese maritime fishing fleet expansion is out of control in Latin America

The PRC’s fleet is one of the largest dedicated to squid fishery. This has provoked concern for local fishermen engaged in the activity, as well as various public and private institutions in South America.

Huawei announces cloud expansion in Latin America

The Chinese tech company Huawei announced the expansion and improvement of its cloud business in Latin America, to boost digital transformation and development in the region.

China-Latin America retrospective art exchange exhibition

On September 17, the Retrospective Exhibition of Art Exchange between China and Latin America was inaugurated in the city of Xi’an, capital of Shaanxi province, located in the northwest of the Asian country

Growing presence of the People’s Republic of China in Latin America

China’s (PRC) great commitment in the last decade has been of great importance, the Asian country saw a great opportunity in the region and has pushed to maintain an important presence.

China’s presence in South American seas

the hegemonic presence of the United States (US) in South America is diminishing, especially in relation to its presence in the region’s oceans. This is due to China’s increased presence in the different South American trade routes and the infrastructure works it is involved in.

China implements soft power in Latin America

At the closing of the 6th China-Latin America and the Caribbean Think Tank Forum, Alicia Bárcena said that cooperation between the People’s Republic of China and Latin America and the Caribbean (LAC) provides an opportunity to reduce global asymmetries.

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