Tag: China

Venezuela, revolving door for Chinese interests in Latin America (Part I)

From investment to debt, the dangers of playing against loaded dice.

Between 2000 and 2014, Venezuela received more resources from China than any other country in the world. Despite being located some 14,000 kilometers away, a population of 30 million coupled with enormous energy potential, characterized by an erstwhile billion-dollar oil industry, held significant appeal to China. This, coupled with a new, nationalist political model that appeared compatible to China’s new commercial strategy, provided a catalyst for both nations to strengthen relations. Yet opacity has characterized the signing of almost 500 agreements.
Gustavo Ocando Alex 0 Comments

Coronavirus and the Changing Face of Sino-Latin American Relations

From small nations such as Belize and Barbados to heavily populated countries like Mexico and Brazil, the Latin America-Caribbean region is one of infinite diversity. Similarly, the spectrum of productive capacity and levels of gross domestic product is as varied as its climate, flora, and fauna. If we are to develop a clearer understanding of the issues that impact the region as a whole, it is important to consider a variety of perspectives and opinions. To reflect this diversity, we interviewed six Latin American academics, asking them to consider the following question: how has COVID-19 affected the relationship between China and the countries that make up Latin America and the Caribbean?
Fundación Andrés Bello 0 Comments

COVID-19 aid from China to Latin America twice that of US as it increases investments in the region

The global paralysis caused by COVID-19 has brought the world economy into crisis. Yet amid such adversity, China has increased its capital export to Latin America through what analysts have dubbed “mask diplomacy.” Donations of medical supplies to the region in excess of $380m have been the instrument of its latest phase of expansion. Linked in some cases to the concept of guanxi (关系)—the networks of trust and reciprocity of Chinese philosophy—the stage is now being set for further expansion and the continuing battle for global leadership.
María Laura Chang L. 0 Comments
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