We’ve compiled Latin American news articles on China and China-related issues. Click below for news highlights:
November 5 -11, 2011
November 12 – 18, 2011
November 19 – 28, 2011
Some top stories:
- Argentina is going to great lengths to increase agricultrual exports to China. It signed agriculturally-focused bilateral agreements with China and is actively promoting consumption of Argentina’s agricultural goods (especially beef and dairy) through exchanges and trade missions to China. The Ministry of Agriculture, Livestock, and Fisheries recently held an exchange with China on seed technology. Chile and Uruguay are also actively promoting their agricultural products in the Chinese market.
- China is increasingly interested in Ecuador’s quinoa and cocoa, according to Ecuadorian press.
- China is currently Ecuador’s largest creditor and the Correa government is said to be pursuing an additional $1.5 billion line of credit with China.
- China’s work on Bolivia’s Tupac Katari satellite continues. The satellite is scheduled for launch by 2013 or early 2014. Bolivia will also purchase six helicopters from China, according to a statement made by President Morales.
- China demonstrated continued interest in Brazil’s energy sector in November. China’s largest wind turbine manufacturers are eyeing the Brazilian market. Chinese firm Sinopec recently purchased shares of Portuguese firm Galp Energia, which is active in Brazil’s oil sector. According to an article in Brazil’s Jornale, however, as many as 25 percent of China’s proposed investments in Brazil over the past two years have not come to pass.
- China has stepped up its engagement with certain Caribbean nations. A National People’s Congress delegation visited Suriname, Antigua & Barbuda, and Barbados in November. China’s Harbour Engineering Company is building an airport terminal in Guyana, and is also active in Jamaica. China’s tourism sector investments also continue, such as those in the Bahamas-based Baha Mar resort and the Marriott Guyana Georgetown Hotel.
- Venezuelan congressman Miguel Angel Rodriguez called the China-Venezuela Fund unconstitutional, arguing that it brings little benefit to the people of Venezuela. The fund, according to the congressman, is causing structural damage to PDVSA. Other opposition politicians have also criticized the China-Venezuela relationship in recent weeks.