Tag: China

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.
Fundación Andrés Bello 0 Comments

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.
Fundación Andrés Bello 0 Comments

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.
Fundación Andrés Bello 0 Comments

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.
Fundación Andrés Bello 0 Comments

China’s 5G technology investment in Argentina, according to Ambassador Sabino Vaca Narvaja

On October 20, the Argentine newspaper Ámbito held an interview with the Argentine Ambassador to China, Sabino Vaca Narvaja. The interview focused on China’s growing investment, especially in the telecommunications sector, where, according to the ambassador, China is ahead of its development worldwide.

Fundación Andrés Bello 0 Comments

Customs agreement between China and Chile

A customs agreement for authorized economic operator (AEO) status signed between China and Chile came into force on October 8. According to the Chinese General Administration of Customs (GAC), this is the first mutual recognition with China officially implemented in South America.

Fundación Andrés Bello 0 Comments

Brazil and China reach WTO agreement on sugar imports

Brazil initiated a complaint in 2018 at the WTO challenging China’s “safeguard” measure on imported sugar, its tariff quota administration, and its “automatic import licensing” system for extra-quota sugar.

Fundación Andrés Bello 0 Comments

Change of contractor at Hidroituango could reactivate Sinohydro’s participation in the project

Located on the Cauca River between the municipality of Ituango and the town of Puerto Valdivia and estimated to supply energy to a large section of the western Colombia, Hidroituango is one of the most ambitious hydroelectric projects to have been implemented in the country in recent years. Construction of the project began in November 2010, once the tender —in which the Chinese company Sinohydro participated— launched by Empresas Públicas de Medellín (EPM) was won by the CCCI Consortium.

Fundación Andrés Bello 0 Comments

Chronic labor law violations: the real cost of Sino-Venezuelan joint ventures

The partnership with China promised to turn Venezuela into a Latin America power. Yet two decades, 468 agreements and over $67bn later, agreements with one of the principal exponents of Chavismo have placed the country at a significant disadvantage. The relationship ended heavily in favor of Asia’s largest economy, leaving Venezuela with a vulnerable labor force, billion dollar debts, and a series of half-finished projects.

Julett Pineda Sleinan 0 Comments

Venezuela, revolving door for Chinese interests in Latin America (part II)

Since the turn of the century, close to a hundred Chinese businesses have been set up in all but two of Venezuela’s 23 states. Yet this unprecedented inflow of Chinese capital has not translated into impactful projects. Financed by the two multi-billion dollar bilateral funds set up by presidents Hugo Chávez and Nicolás Maduro with China between 2008 and 2015, at least a quarter are still in an early or planning stage. Since then, issues surrounding the non-payment of loans have caused Sino-Venezuelan relations to cool considerably. Now, researchers from the Kiel Institute for the World Economy warn that at least half of China’s lending in recent years can be considered ‘hidden’. There are concerns that now, and in years to come, the opacity of China’s credit mechanisms could jeopardize crisis recovery in heavily indebted countries such as Venezuela.
Gustavo Ocando Alex 0 Comments
« Previous Page — Next Page »