Category: Latin America 🌎

News from Latin America and the Caribbean

XIV China – Latin America and the Caribbean Business Summit

The annual XIV China-Latin America and the Caribbean Business Summit, first held in 2007, was held this year on November 16 and 17, in the city of Chongqing. The Summit connected Chinese and Latin American businesspeople in a context of economic cooperation.
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Xi Jinping attends the Economic Leaders’ Meeting at the Asia-Pacific Economic Cooperation Forum (APEC)

The Forum’s 28th Economic Leaders’ Meeting was held on November 12, with the online presence of Chinese President Xi Jinping.

The President’s speech was based on five main points, all of which directly involved the Latin American countries that are part of the Forum.
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III China – CELAC Political Parties Forum held in Beijing

The III China-CELAC Political Parties Forum was held in Beijing from November 30 to December 1 of 2021 to promote the exchange of political networks between China and Latin America, focusing on joining the efforts of political parties to build the China-CELAC shared future community.

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China Development Bank in Latin America and the Caribbean

The China Development Bank is a public financial institution that provides financing for infrastructure and energy development projects both within China and around the world. Nevertheless, the activities of this financial entity have been criticized by some social and environmental movements.
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Paraguay, Guatemala, and Honduras congratulate Taiwan on its 110th anniversary

The Republic of China (Taiwan) celebrated its 110th anniversary on October 10 —a date known as the Double Ten Festival— with some Latin American countries sending their congratulations as part of the commemoration.
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Overfishing in the South American Pacific: A threat to endangered species

According to estimates by the international non-profit environmental organization, Sea Shepherd Conservation Society, a fleet of over 300 Chinese-flagged vessels transits the Pacific Ocean each year, fishing for marine species for consumption in the Asian market.
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China-Latin America Conference on sustainable development objectives

Diplomatic envoys from Ecuador, Guyana, Venezuela, the Dominican Republic, Panama, Grenada, Uruguay, Cuba, Barbados, Peru, Mexico, and Suriname, among other countries, attended the meeting, along with more than a dozen experts and academics from the Institute of Latin American Studies of the Chinese Academy of Social Sciences, the Jiangxi Academy of Social Sciences, and Jiangxi Agricultural University.
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U.S. response to rising Chinese investment in Latin America and the Caribbean

As reported a few months ago by El Observador Research Center, China is currently positioned as the third largest source of foreign capital in Latin America and the Caribbean. In fact, between 2015 and 2020, Chinese investment in the region amounted to some US$74.85 billion, allocated to the exploitation of natural resources, the energy sector, the transportation sector, and the telecommunications sector.
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Alicia Bárcena says that cooperation between China and Latin America and the Caribbean provides an opportunity to reduce global asymmetries

The ECLAC Executive Secretary stressed that China has a long-term outlook and a clear vision of its horizons and goals. She emphasized that China has managed to advance in technological innovation and overcome poverty very quickly and effectively. “This is why we believe that it is very important to study and understand the Belt and Road Initiative in depth and evaluate the participation of the region’s countries —beyond the 19 countries that have already joined it— whatever each of these decides to advance in; whether it be digital, air, or maritime connectivity or in health or cultural aspects”, said Bércena.
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