Tag: Latin America
Related Posts
Honduran President Meets Chinese Official With Trade Deal on Horizon
Honduran President Xiomara Castro met Tuesday with China's Vice Minister of Foreign Affairs, Hua Chunying, to strengthen bilateral relations and negotiate a new trade agreement, Castro's government said. Enrique Reina, the Honduran foreign minister, told reporters that Hua "visited the country ...
Where’s the Beef? How Commodity Exports and Infrastructure Contracts are Driving the New China-Latin America and the Caribbean Economic Relationship
By Rebecca Ray In recent years, China’s engagement with Latin America and the Caribbean (LAC) may be shifting in form and deepening rather than diminishing. This is one of the key findings of the
FOCAC 9: A New Five-Point Strategy for Africa-China Relations
As we approach the ninth Forum on China-Africa Cooperation (FOCAC), it's time for African nations to reimagine their engagement with China. This upcoming summit is a watershed moment, as this will be the first FOCAC meeting since the COVID-19 pandemic disrupted the well-established patterns of exchange between ...
How Is Chinese Investment in Latin America Changing?
In the past decade, Chinese investment into Latin America has so often been characterised by large infrastructure projects: roads, railways, dams and ports, among others, frequently backed by state finance, and in many countries arriving under the banner of the Belt and Road Initiative. But in recent years, ...
China Congratulates Venezuela’s Maduro on Re-Election
China on Monday congratulated Venezuelan President Nicolas Maduro on his re-election, after a vote whose official results were immediately rejected by the country's opposition and key regional nations. "China congratulates Venezuela for smoothly holding its presidential election and congratulates President Maduro ...
Off Ecuador’s Galapagos, a Former Chinese Shark-Poaching Ship’s New Mission
By Enrique Ortiz When Ecuador's navy seized a Chinese-flagged ship off the Galapagos Islands in 2017, its hold brimmed with tons and tons of poached fish, many of them threatened species like hammerhead and thresher sharks.
China Suspected of Ramping up Spying Capacity in Cuba: Report
China appears to have ramped up its capacity for espionage in Cuba, potentially giving Beijing a window to sensitive military data from Florida, a US think tank said. The Center for Strategic and International Studies analyzed satellite imagery from four sites ...
U.S. Slaps Sanctions on Suspected Drug Cartel Money Launderers in China, Mexico
The U.S. Treasury Department on Monday imposed sanctions against three people in Mexico and China it accused of laundering money for the Sinaloa drug cartel. The sanctions targeted a Mexico-based man named Diego Acosta Ovalle, whom the Treasury accused of "hiding ...
Ecuador to Impose Visas for Chinese Tourists Amid Influx
Ecuador said Tuesday it would soon begin temporarily requiring visas for Chinese citizens after it noted a "worrying increase" in the number who overstay their authorized time in the country. Starting July 1, Quito will suspend the bilateral agreement that had ...
Chinese ‘Underground Bankers’ Launder Sinaloa Drug Money: U.S.
The U.S. Justice Department on Tuesday accused Chinese "underground bankers" of helping Mexico's Sinaloa Cartel launder more than $50 million in drug trafficking proceeds. An indictment unsealed in California charged 24 defendants with conspiracy to distribute cocaine and methamphetamine and money ...
Chinese Firms Branch Out from Relying on Development Finance in Latin America and the Caribbean
By Rebecca Ray In 2023, China’s two most active development finance institutions (DFIs) – the China Development Bank (CDB) and the Export-Import Bank of China – committed just $1.3 billion in new sovereign finance to Latin American and Caribbean (LAC) ...
Paraguay Leader to Attend Taiwan Inauguration
Paraguay's President Santiago Pena will attend the inauguration of Taiwan's new leader, a high-ranking government official said Thursday. This makes him the first head of state to confirm his presence at the ceremony. The official, speaking on condition of anonymity, told AFP ...