China and Latin America Part 2

China Southern Airlines launches first flight to Mexico

Apr 11, 2017

  • China Southern Airlines Co Ltd (600029.SS) has flown its inaugural Guangzhou to Mexico City flight, via Vancouver, the first route operated by a domestic Chinese carrier to the Latin American nation, the Mexican government said on Tuesday. China’s interest in Mexico, including tourism and investment, has been on the rise in recent years. In 2016, 74,300 Chinese tourists visited Mexico, up 33.5 percent from a year earlier.

SOUTHCOM Tidd: Russia, Iran and China Expanding Influence in Central, South America

April 10, 2017

  • Russia, China and Iran are increasing interest in Central and South America, especially Moscow’s renewed focus on Nicaragua, the head of U.S. Southern Command told the Senate. While it has been primarily directed in economic development, Adm. Kurt Tidd said in a recent Senate Armed Services Committee hearing he sees it also as a way to gain for those three nations to gain influence.

China, Cuba pledge further development of military-to-military relations


  • Chinese Defense Minister and State Councilor Chang Wanquan on Wednesday held talks with visiting Cuban Minister of the Revolutionary Armed Forces Leopoldo Cintra Frias. Chang said China is willing to work with Cuba to implement important consensus reached by leaders of the two countries and make positive contributions to the development of military-to-military relations.

Chinese investors move in, take large slice of Latin American pie

March 25, 2017

  • Chinese companies are forming the mainstay of foreign direct investment in Latin American and African markets as globalization suffers setbacks elsewhere, an international law firm has said. In an interview with China Daily, Juan Picón, global co-chairman of DLA Piper, said he still thought the trend would continue, based on feedback from his clients.

After Trump’s win, China and Mexico move to deepen ties

Dec 12, 2016

  • China and Mexico pledged on Monday to deepen ties at a meeting between their top diplomats following last month’s U.S. presidential election victory of Donald Trump, who has tested Washington’s relationship with both countries.

‘Qualitative Leap’: China, Chile Lift Ties to Strategic Partnership


  • The Chinese and Chilean presidents met in Santiago on November 22 to sign a raft of bilateral accords on mutual understanding between their two countries. Sputnik discussed the issue with Lee Yun-Tso, an Asian-affairs expert at the University of Development in Santiago. “China is trying to add more dimension to the free trade agreement it signed with Chile over a decade ago with infrastructure investments and financial services,” Lee Yun-Tso said.

China to Boost Military, Anti-Terrorism Cooperation With Latin America


  • China plans to boost its political, economic, development, military and anti-terrorism cooperation ties with the Latin American and Caribbean region, the Chinese government said in a policy paper released Thursday. “China will… deepen professional exchanges in such fields as military training, personnel training and UN peacekeeping, expand pragmatic cooperation in humanitarian relief, counter-terrorism and other non-traditional security fields, and enhance cooperation in military trade and military technology,” China’s policy paper on Latin America and the Caribbean reads.

China’s impressive stake in Latin America’s renewables


  • With the help of Chinese energy companies, Latin America is increasingly exploiting its renewable energy potential, with historic laggards like Argentina now embracing the region’s energy transition. New wind and solar projects are under construction across the region as partnerships with Chinese companies deliver affordable finance and materials to local governments and businesses. China’s company Envision Energy was awarded the largest contract, securing four projects, totalling 185 of the 708 megawatts granted to other international and local bidders, including some of the largest wind farms, which will be located in the southern provinces of Neuquén and Rio Negro. Other winners included Genneia, Central Puerto, Pan American Energy and the EREN Group. Of the solar energy projects, 75% stand to benefit from low-cost Chinese capital thanks to agreements with Argentine provincial governments.

Ecuador and China Bolster Ties with Xi Jinping Visit

18 November 2016

  • China and Ecuador agreed to a new economic trade agreement on Thursday during President Xi Jinping’s visit to Quito. The deal is set to increase production and investment between the two countries ahead of the APEC meeting in Lima, Peru. Xi and Ecuadorian President Rafael Correa signed a bilateral cooperation agreement which sets out pledges for major energy, infrastructure, financial, agriculture and manufacturing projects.—20161118-0009.html

China, Peru ushering in historical era of cooperation: Peruvian President


  • Peruvian President Pedro Pablo Kuczynski took office back in July. Soon after he became President-elect, he was asked what country he would choose for his first foreign visit. Without hesitation, Kuczynski answered “China.” “China is the most important country in the Asia-Pacific region as well as the biggest market for Peru’s exports. It has become the engine for world economic growth. Of course, that’s why I have chosen China as my first stop as president,” said Kuczynski.

As Trump talks wall, China builds bridges to Latin America

November 17, 2016

  • An expected U.S. economic retreat from Latin America under Donald Trump is causing the region’s leaders to look halfway around the world, to China, for help weathering the possible financial headwinds. Over the past decade China has displaced the U.S. as the main trading partner in country after country in Latin America as demand for the region’s soybeans, oil and iron ore have fueled the fastest growth in decades. But more recently, as China’s demand for raw materials has been slowing, the region’s economies have taken a hit, dampening the once-torrid love affair with the world’s second-biggest economy.

China Delivers Two Y-12E Turboprops To Costa Rica’s Air Vigilance Service

October 22, 2016

  • Aviation Industries Corporation of China (AVIC) Harbin Aircraft Industry Group Company Ltd (HAIG) has delivered two Y-12Es turboprop aircraft to the Air Vigilance Service of Costa Rica’s Ministry of Public Security. It marked the first time the HAIG’s products entered the Costa Rican market. After the delivery, the two aircraft will serve as domestic transportation and air patrol units within Costa Rica, between the mainland and islands, and within islands, the company said in a statement.

China eyes free trade talks with Colombia

Oct 8, 2016

  • China wants to start talks on a feasibility study for a free trade agreement with Colombia as soon as possible, China’s foreign minister said during a visit to the South American country, where he also offered support for its peace process.

China Says Its Working with Latin America for a New World Order

28 September 2016

  • China and Latin America are cooperating in order to make the world a more balanced and peaceful place, a senior Chinese state official said Tuesday in Ecuador. “Cooperation can help to overcome the future economic challenges, increase China’s and Latin America’s competitivity and their ability for autonomous development,” said Liu Hongcai, vice minister of International Affairs for China’s Communist Party, at the Latin American progressive meeting, ELAP 2016. “We want to contribute to the global development, in a sustainable way, and work for a new type of international order, based on peace and a balanced relation of power, pushing for a fairer and more reasonable sense,” Liu said at the conference, hosted in the city of Guayaquil.