Tag: South America

Paraguay, Taiwan's only remaining diplomatic ally in South America, vowed Monday to defend its ties with the self-governing democracy claimed by China and announced its president, Lai Ching-te, will visit in August. President Santiago Pena hosted Taiwan's Foreign Minister Lin Chia-Lung ...

The cry “Cambio! Cambio! Cambio!”  rings out along Calle Florida, the bustling commercial artery of Buenos Aires. Dozens of unofficial money changers—many of them migrants from Chile, Venezuela, and Bolivia—line the street, calling out to passersby. They offer mercado azul, or the “blue market” exchange rates, trading ...

China on Monday prepared to welcome Latin American leaders to Beijing for a major summit, seeking to draw the region closer in response to the trade war with the United States. Beijing has stepped up economic and political cooperation with Latin ...

Brazil's president will begin a five-day trip to China on Saturday, Beijing announced, ahead of a gathering of Latin American leaders in the country next week. Luiz Inacio Lula da Silva's state visit comes at the invitation of counterpart President Xi ...

Colombia’s move to join the Beijing-led Belt and Road Initiative (BRI) marks a significant shift in the strategic competition between China and the United States in Latin America and the Caribbean (LAC). At a moment when the U.S. is seeking to counter China’s influence in the region, ...

By Lina Vanegas Colombia's president on Tuesday said he intends to sign an accord to join Beijing's Belt and Road Initiative during an upcoming China trip, a move sure to damage already frayed relations with Washington.

The upcoming 4th Ministerial Meeting of the China–CELAC Forum (CELAC is the Spanish acronym for Community of Latin American and Caribbean States) will take place in Beijing later this month against the backdrop of growing strategic rivalry—some would say open confrontation—between the United States and China. In ...

The upcoming 4th Ministerial Meeting of the China–CELAC Forum (CELAC is the Spanish acronym for Community of Latin American and Caribbean States) will take place in Beijing later this month against the backdrop of growing strategic rivalry—some would say open confrontation—between the United States and China. In ...

Argentina extended a multi-billion-dollar currency swap agreement with China Thursday, despite fierce opposition to the deal in Washington. The cash-strapped South American nation extended the $5 billion accord with Beijing for one more year, securing much-needed foreign reserves. ...

Chile said Wednesday it was reviewing an agreement for the construction of a Chinese astronomical observatory on its soil, a project that has drawn criticism from Washington as it jostles with Beijing for influence in Latin America. Under an agreement signed ...

A new investigation by Reuters shows that the Trump administration's threat of tariffs is mostly successful with a small number of Latin American countries mainly exporting to the U.S., like Mexico and Colombia. In contrast, most South American exports to the ...

Short on foreign currency, Bolivia inaugurated a steel plant Monday that it hopes will reduce its reliance on metal imports, thanks to a loan from China. The Mutun megaproject in Puerto Suarez, near Bolivia's border with Brazil, was built at a ...