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Examining China’s environmental and social impact in Latin America

China’s recent investments in Latin American and Caribbean are having a great impact in these countries’ environment. Exporting to Asia has consequences on their natural resources which will eventually run out. In Brazil, the cost is 4.3 cubic meters of water for every dollar of exports to China. As for social impact, one of the…

Chile eyes Chinese investment

Chile eyes Chinese investment

Chile is looking toward Chinese investment in both its physical and digital infrastructure to enhance its connectivity and facilitate its development. The investment Chile hopes to receive is for an underwater optical fiber broadband network that will link up the 1,000 kilometer southern half of the country. by Li Wenfang, China Daily, December 1, 2014 Chile…

China to invest up billions in Mexico energy sector

A $14 billion investment in Mexico’s energy, mining, infrastructure, telecom and tourism sectors has been created with 14 cooperation agreements signed between Mexico and China. The agreements were made during Mexican President Enrique Peña Nieto’s visit to China to attend the APEC summit. by Utility Products, November 14, 2014 Mexico and China have signed 14…

Risen Energy to build a plant in Mexico

Risen Energy to build a plant in Mexico

Risen Energy is planning to invest $600 million on the building of a 300 megawatt solar photovoltaic power plant in Mexico. The solar energy company’s investment marks the largest investment deal ever between China and Mexico, and is expected to kickstart further Latin American expansion. by Shi Xiaofeng, China Daily USA, October 24, 2014 A solar…

China faces risks in Brazil’s energy sector

Since 2009 China has invested over $10 billion for oil development in Brazil. Currently, due to price controls, local content requirements and the looming Brazilian presidential election, the investment is entering a cautious mode. by Paul Welitzkin, China Daily USA, October 12, 2014 China has put billions in Brazil’s energy sector since 2009, but a report…

The sale of CITGO

The sale of CITGO

PDVSA is looking to sell the Citgo Petroleum Corporation (CITGO) for around $10 billion. While China is the most likely buyer of the company, a Canadian bid for the company is also possible. by Claira Lloyd, Energy Global, August 27, 2014 GlobalData has said that a Chinese company that possesses the capital and ambition to strategically…

Ecuador in talks with China to renew $1.5 bln credit line

Ecuador is hoping to renew a $1.5 billion credit line with the China Development Bank. The funding will be used for investments throughout 2015. These investments include credit lines for financing energy projects and up-front payments for future oil deliveries. Ecuador is also hoping to receive additional funding from China in order to pay for…

Is The Partnership Between China And Latin America Paying Off?

By Patricia Rey Mallén, International Business Times, May 08 2014 With China’s manufacturing sector in decline, foreign investment may be the country’s quickest path to economic recovery. In addition to Africa and East Asia, Beijing is pouring big money into Latin America. Chinese projects and investments have been popping up all over the continent, from…

China wants more Latin American oil, president to visit in July

By Alonso Soto and Anthony Boadle, Reuters, April 24th 2014 (Reuters) – China might be slowing economically but it still wants to buy more oil from Latin America and invest in infrastructure in the region, with a presidential visit planned for July, Chinese and Brazilians officials said on Friday. As host of the 2014 soccer World Cup,…

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