Tag: Americas
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Ecuador is the Latest Developing Country to Restructure Chinese Debt
The Ecuadorian government announced a major debt restructuring deal with China's two largest policy banks that will provide $1.4 billion of debt service relief over the next three years. President Guillermo Lasso said his administration reached an agreement this week ...
Chinese Smartphone Giant Oppo Readies For Brazil Debut
Chinese smartphone giant Oppo, the world's fourth largest, is in final preparation before launching in South America's largest consumer market. Oppo will debut its Reno 7 model next Monday as part of the kick-off. Even for a company ...
China and Nicaragua Discuss Trade, Party Ties
China’s Foreign Minister Wang Yi met with Denis Moncada, his Nicaraguan counterpart, on the sidelines of the UN General Assembly on Monday. The two countries resumed diplomatic relations last year after Managua recognized Taiwan in 1990. They discussed a possible ...
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 ...
Tucker Carlson: China is Colonizing Countries in the Western Hemisphere
Fox News host Tucker Carlson, the most popular cable talk show personality in the United States, is hosting his show from Brazil this week and warning that the "Chinese military is establishing a threatening new beach head" in the country and that the United States isn't doing ...
Corruption Documentary Rocks China-Guyana Relations
Guyana’s ruling party faces controversy following a documentary by the U.S. media outlet VICE alleging that Vice President Bharrat Jagdeo took bribes from a Chinese businessman. President Irfaan Ali rejected calls by opposition parties in the South American country calling for Jagdeo’s resignation. China's ...
Biden Didn’t Say the Word “China” in His Summit of the Americas Speech But He Didn’t Have to Since Everyone Knew It Was on His Mind
U.S. President Joe Biden opened the three-day Summit of the Americas in Los Angeles with a new economic plan and a promise to re-engage countries in the Western Hemisphere... that is, friendly countries in the Western Hemisphere. The White House also unveiled the "Americas ...
Inflation, Supply Chain Woes Hit Chinese Supermarkets in Argentina
Supply chain disruptions and inflation are driving Chinese shopkeepers out of Argentina’s major cities to the countryside and even to neighboring countries. An Asian business association said rising rents and staff costs mean owners are increasingly considering moving to Bolivia, Chile, Ecuador, or Paraguay. ...
U.S. Seems to Think Same Low-Grade Agreement Unveiled in Asia is Going to Roll Back Chinese Economic Gains in LatAm
President Joe Biden's latest effort to get the United States re-engaged in the Global South fell flat when Mexican President Andrés Manuel López Obrador announced he would boycott the Summit of the Americas that opened on Monday in Los Angeles. President Obrador ...
How China Stands to Gain if the U.S.’ Summit of the Americas Becomes the Debacle Everyone Expects
The Summit of the Americas will get underway on Monday in Los Angeles and, remarkably, less than 24 hours before the event begins no one's really sure precisely how many leaders will actually attend. The key holdout right now is Mexican President Andrés Manuel ...
China Ramps Up LatAm Diplomacy Weeks Before U.S. Summit
With the U.S. Summit of the Americas set to get underway in Los Angeles in two weeks, China appears to be stepping up its own diplomacy in Latin America. Foreign Minister Wang Yi on Friday held talks with his counterparts from Uruguay, Ecuador, and Nicaragua. ...