» 02/27/2015, 00.00
CHINA - LATIN AMERICA
China, a record 2014 for loans to Latin America
Beijing has lent $ 22 billion a year to the South American continent and is poised to break the of 2010 record, when the figure touched 37 billion. Analysts warn: "China may tacitly require that Chinese companies have a hand in some projects". "Diplomacy of the yuan" continues to spread from Southeast Asia to Africa.
(AsiaNews) - Loans made by Chinese state-owned banks to the nations of Latin
America have grown in 2014 by a 71% over the previous year, coming in at around
$ 22 billion. According to data presented in a report by the China-Latin
America Finance Database, this is the second largest volume of money granted in
recent history by Beijing to the continent: the record dates back to 2010, when the total figure stood at 37
In any case,
Chinese loans exceed those provided by the World Bank and the Inter-American
Development Bank together. Brazil alone received 8.6 billion, followed by
Argentina with 7 billion, Venezuela with 5.7 billion and Ecuador with 821
the authors of the report, "China may tacitly require that Chinese companies have
a hand in some projects, but has avoided meddling in domestic policy".
finance is key for a number of infrastructure programmes in Latin America,
including an upgrade of the underground in the Argentine capital, Buenos Aires,
and road building in Ecuador. According to expert estimates, at this rate 2015 will break
the 2010 record.
This policy of
government loans does not just concern Latin Ameria, but ranges from Southeast
Asia to Africa. In fact, between 2000 to 2011, China invested more than $ 75
billion in Africa. Of these, only 1.1 billion per year are officially declared as
"contributions to a developing country" within the Organization for
Economic Cooperation and Development (OECD). The amount of American investments
in the same period is estimated at $ 90 billion.
struggled to keep the exact figure of their African investments under wraps, as
they have been defined by some analysts "a new form of colonialism."
The researchers, based on Western and African news sources have identified 1673
Chinese projects on the Continent over the period under consideration.
28/10/2009 CHINA – LATIN AMERICA
Chinese goods conquer Latin America
Trade between China and the continent soars from US$ 10 billion in 2001 to 140 now. In Latin America, Beijing is seeking raw materials, new markets and ways to diplomatically isolated Taiwan.
09/01/2015 CHINA - LATIN AMERICA
China vows to double trade with Latin America 'within 10 years'
President Xi pledged to double annual trade during a Forum in Beijing with leaders and ministers from about 30 nations from Latin America and the Caribbean. The two-day meeting aims to boost cooperation on security, finance, infrastructure, energy and technology.
30/06/2009 TAIWAN - CHINA
Ma Ying-jeou in Central America. Beijing’s reprimand
In Panama, the Taiwanese president will meet representatives of U.S. government and perhaps even Barack Obama. Canceled the visit to Honduras where there has been a coup. The "diplomatic truce" between Beijing and Taipei has economic reasons.
After Malawi's defection, Chen clings to the last allies he has left
The day after his party's electoral defeat, the Taiwanese president left the country for a diplomacy tour of Latin America, where he met with the leaders of the countries that are still faithful to Taiwan. The visit became necessary after the about-face of Malawi, which in recent days recognised "one China, headed by Beijing".
14/06/2013 CHINA - SOUTH AMERICA
Nicaragua chooses Beijing to challenge the Panama Canal
Managua approves the construction of a new canal linking the Pacific and the Atlantic. Funded and managed by China, the new canal is also response to Taiwan's influence in the region. In his first official visit to the region, Xi Jinping lays out China's Latin America policy.
"I, a Muslim who converted to Christianity, rejected by family and society"
Speaking to AsiaNews, Anil Gomes (not his real name for security reasons) explains that he converted to Christianity after reading a passage from the New Testament. Since then he has lost every job. His body shows the wounds from assaults and murder attempts. "I cannot maintain my family. Pray for me".
CHINA - VATICAN
Rethinking China-Vatican accords (with a touch of irony)
Il prete eremita del Nord (华北的山人神父)
There are various discrepancies in discussions on relations between China and the Holy See. Despite the fact that there is still no public agreement, many commentators hotly discuss it as if it were common gossip. Even the bishops are often reduced to mere puppets; the lack of mutual trust between the two parties; the Taiwan issue: these are some of the problems outlined by the informed author, who calls himself "the hermit priest of the North" and is a very famous priest-blogger in China.
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