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Category: Latin America

China’s Free Trade Agreements in the Global South: Quito and Beijing

By Alvaro Mendez and Chris Alden After eleven months and five rounds of negotiations, Ecuador announced last month that it has completed a Free Trade Agreement (FTA) with China. It still has to obtain legislative approval, but we believe it will ...

Analysis from Cobus van Staden

Top State Department Official Says China’s Debt Relief Offer to Sri Lanka is “Not Enough”

Another senior U.S. diplomat has accused China of not doing enough to resolve Sri Lanka’s debt renegotiation, a sign that the island’s financial crisis is increasingly being framed geopolitically.
U.S. Under Secretary of State for Political Affairs, Victoria Nuland said: “What China has offered so far is not enough. We need to see credible and specific assurances that they will meet the IMF standard of debt relief.”

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Pepe Zhang on What to Expect This Year in China-Latin America Relations

China's two-way trade with countries in the Americas increased 8% last year to $486 billion, nearly twice the volume of what China does in Africa. South America is now a vital source of food, energy, and strategic minerals for China, ...

New Perspectives on China’s Engagement in the Americas

By Margaret Myers, The Inter-American Dialogue’s Asia and Latin America Program looks forward to partnering with The China Global South Project to share key insights from our analysis on China’s evolving relationship with the Latin American and Caribbean (LAC) region. For over ...

Chinese Lithium Giant Expands into Argentina

The Chinese battery metals company Ganfeng Lithium Co. will spend $962 million to buy 100% of the Argentinian lithium compounds producer Lithea. The company owns lithium salt lakes with a capacity of 30,000 tons of lithium carbonate per year.  Ganfeng Lithium ...

China’s State Banks Extended No New Loans to Latin America and the Caribbean Last Year

For the second year in a row, Chinese policy banks (China Exim Bank and China Development Bank) extended no new loans to governments or state-owned enterprises in Latin America and the Caribbean (LAC). This was the finding of a new study by Boston University’s Global Development Policy Center ...

China’s Influence a Key Theme of Senate Armed Services Committee Testimony on Latin America and the Caribbean

Threats from China are emerging as a common theme across different U.S. Commands at the U.S. Senate Armed Services Committee hearings. The issue of China’s influence in Latin America and the Caribbean (LAC) was raised by General Laura Richardson, the head of ...

New Data Shows China’s Economic Relationship with Latin America and the Caribbean is Evolving

By Zara C. Albright and Rebecca Ray For the second year in a row, the China-Latin America Finance Database, jointly managed by the Boston University Global Development Policy (GDP) Center and the Inter-American Dialogue, recorded no new official finance commitments from China to ...

Argentina Joins Belt & Road as Part of a Full Embrace of China (and Russia)

Argentinian President Alberto Fernández met for 40 minutes with his Chinese counterpart Xi Jinping in Beijing on Sunday, in what appears to be a major foreign policy shift for Latin America's fourth-largest economy. First, and most importantly, Argentina signed on to become the 

With FOCAC Now Over, Chinese FM Wang Yi Turns His Attention to China’s Forum With LatAm and the Caribbean

Within days of the conclusion of the Forum on China-Africa Cooperation in Dakar, Chinese Foreign Minister Wang Yi pivoted to focus on a similar ministerial forum with his counterparts from Latin America and the Caribbean. Wang last Friday chaired the third Ministers' Meeting of the Forum of ...

Barbados PM Pushes Back on BBC Journalist About China’s Growing Investments in the Caribbean

Barbados Prime Minister Mia Mottley took exception to questions posed by BBC journalist Zeinab Badawi in a recent interview for the program Global Questions that the Caribbean country is at risk of becoming a "pawn" of China due to rising investment. Even ...

China Claims It Doesn’t Play Politics With Vaccine Distributions, But What Happened in Paraguay This Weekend Says Otherwise

The China National Pharmaceutical Group Corporation, the company that manufactures the Sinpharm vaccine, informed Paraguayan Health Minister Julio Borba on Saturday without warning that it will cancel its contract to supply the South American country with 1 million jabs. The company ...
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