Latin America could become this century’s commodity superpower

1 week, 3 days ago

Latam markets end year with sharp annual losses, face 2025 challenges

* Latam stocks up 0.2%, FX down 0.1% By Lisa Pauline Mattackal Dec 31 - Latin American markets were mixed on Tuesday, with indexes tracking the region's stocks and currencies set for steep annual declines, as prospects for fewer U.S. rate cuts lifted the dollar and capped a turbulent year for the region. Latin American markets have sharply underperformed broader …

Stocks Latin American Latin Stock Mexico Brazil Fed

1 month ago

What could Trump’s return to the White House mean for Latin America?

Al Jazeera

Analysts say US President-elect Donald Trump’s second term is poised to bolster far-right groups and strain trade ties. Trump has already signalled he may lean on Latin American countries to stem the flow of cross-border migration and leverage the region’s economic ties to accomplish the goals of his “Make America Great Again” platform, which calls for stringent border security and …

Trump Election Administration Latin America Latin Mexico Countries

Trending News

1 month ago

Modernizing the Global South

China Daily

MA XUEJING/CHINA DAILY China's leadership has always based its policy and its relations with the developing world on the principle of solidarity, mutual benefits and the promotion of win-win cooperation Editor's note: The world has undergone many changes and shocks in recent years. It is apposite at this point to show the qualitative difference between Chinese investments in the Global …

Global Europe China World Investments Global South Developing

Trending News

1 month ago

Modernizing the Global South

China Daily

MA XUEJING/CHINA DAILY China's leadership has always based its policy and its relations with the developing world on the principle of solidarity, mutual benefits and the promotion of win-win cooperation Editor's note: The world has undergone many changes and shocks in recent years. It is apposite at this point to show the qualitative difference between Chinese investments in the Global …

Global Europe China World Investments Global South Developing

1 month, 1 week ago

India’s exports rise, boosting global presence

Deccan Chronicle

New Delhi: India is eyeing to be a global economic powerhouse with its remarkable achievements in the export landscape. “India’s export performance in several key product categories has shown notable success, with the country maintaining or improving its rank among the top 10 global suppliers, all with export values exceeding $1 billion in 2023,” the ministry said. “The petroleum sector …

Global India Export Export Values

1 month, 1 week ago

What South America must learn from Bolivia and Venezuela's economic crises

Firstpost

South America, a continent abundant in natural resources, is grappling with economic crises that expose the fragility of its political and economic frameworks. While each country faces unique challenges, their crises share common roots in economic mismanagement, resource dependency and political turmoil. For decades, natural gas exports underpinned Bolivia’s economy, contributing significantly to government revenue and public spending. In Bolivia, …

Political Oil Natural Gas South America Venezuela Bolivia Maduro

1 month, 2 weeks ago

Everything is expensive!, Bolivia faces a shocking economic collapse

Deccan Chronicle

Fuel is rapidly becoming one of Bolivia’s scarcest commodities.Long lines of vehicles snake for several kilometers outside gas stations all over Bolivia, once South America’s second-largest producer of natural gas. Some of the queues don’t budge for days.While frustration builds, drivers like Victor García now eat, sleep and socialize around their stationary trucks, waiting to buy just a few gallons …

Food Fuel South America Bolivia Alto Bolivians El Alto

Ignite trade to spark next wave of global growth

Trending News

1 month, 2 weeks ago

Ignite trade to spark next wave of global growth

China Daily

To acknowledge that global trade is threatened by the rise of protectionism and geopolitical fragmentation is neither provocative nor fashionable. The COVID-19 pandemic, escalating geopolitical tensions and growing concerns over security have accelerated deeper trench lines pointing toward regionalization and balkanization, and countering decades of globalization. Rising trade frictions have resulted in more than 3,000 new restrictions being introduced on …

Trade Global Growth

1 month, 2 weeks ago

India must seize the opportunities in Latin America

Hindustan Times

Prime Minister Narendra Modi was in Rio de Janeiro earlier this week for the G20 Summit hosted by Brazil, the current president of this group. As the global workplace becomes more integrated, there is an opportunity for India to leverage its strengths to provide digital services for the region Taken together, these engagements are a sign of India’s deepening commitment …

Global India Digital Latin America Latin Energy Transition G20

1 month, 2 weeks ago

L. America eyeing joint pursuit of green goals: Report

China Daily

China and Latin American nations are strengthening cooperation in the green economy and sustainable development, driven by shared goals and complementary strengths, even as challenges persist, according to a recent report from Fudan University. "The 33 countries in Latin America and the Caribbean form an integral part of the Global South and generally attach great importance to sustainable development, especially …

China Sustainable Development Cooperation Latin America Latin American Latin America

1 month, 2 weeks ago

L. America eyeing joint pursuit of green goals: Report

China Daily

China and Latin American nations are strengthening cooperation in the green economy and sustainable development, driven by shared goals and complementary strengths, even as challenges persist, according to a recent report from Fudan University. "The 33 countries in Latin America and the Caribbean form an integral part of the Global South and generally attach great importance to sustainable development, especially …

China Development Sustainable Development Cooperation Latin America Green Latin American

1 month, 3 weeks ago

Latin America partnership for better future

China Daily

Leaders attending the 19th G20 Summit pose for a group photo for the Global Alliance Against Hunger and Poverty initiated by Brazil in Rio de Janeiro, Brazil, Nov 18, 2024. Cooperation in the field of science and technology has not only yielded mutual benefit for China and the Latin American and Caribbean states but also facilitated the Global South's common …

Global Energy China Development Digital Cooperation Earth

Sustainable practices cut prices, fuel market

Trending News

1 month, 3 weeks ago

Sustainable practices cut prices, fuel market

China Daily

The synergistic strengths of China and Brazil in renewable energy promise extensive opportunities for enhanced collaboration, poised to significantly propel the worldwide shift toward sustainable energy sources, said experts. "China and Brazil complement each other in renewable energy development, with Brazil rich in new energy resources and China leading globally in wind, solar and electric vehicle production. Cooperation between China …

Energy China Renewable Energy Solar Brazil Chinese Renewable

Trending News

1 month, 3 weeks ago

Sustainable practices cut prices, fuel market

China Daily

The synergistic strengths of China and Brazil in renewable energy promise extensive opportunities for enhanced collaboration, poised to significantly propel the worldwide shift toward sustainable energy sources, said experts. "China and Brazil complement each other in renewable energy development, with Brazil rich in new energy resources and China leading globally in wind, solar and electric vehicle production. Cooperation between China …

Energy China Renewable Energy Solar Brazil Chinese Renewable

1 month, 3 weeks ago

Latin America shows rising interest in Chinese NEVs

China Daily

Workers assemble an electric bus motor at the BYD solar panel and electric bus chassis production facility in Campinas, Sao Paulo state, Brazil, in November last year. The advanced technology and competitive pricing of Chinese NEVs are rapidly translating into rising market share for China's automakers in Brazil and other Latin American countries in recent years. Data from the China …

China Latin America Brazil Chinese This Year Byd Nev

Brazil, China pursue sustainable growth

China Daily

MA XUEJING/CHINA DAILY With Brazil and China celebrating half a century of diplomatic relations and Rio de Janeiro hosting the G20 Summit on Monday-Tuesday, this is the right time to reflect on the challenges and opportunities the 21st century presents to the two countries. In 2023, trade between the two countries reached new highs, thanks to China's increasing demand for …

Global China Development Clean Energy Renewable Energy Economic Latin America

1 month, 3 weeks ago

Brazil, China pursue sustainable growth

China Daily

MA XUEJING/CHINA DAILY With Brazil and China celebrating half a century of diplomatic relations and Rio de Janeiro hosting the G20 Summit on Monday-Tuesday, this is the right time to reflect on the challenges and opportunities the 21st century presents to the two countries. In 2023, trade between the two countries reached new highs, thanks to China's increasing demand for …

Global Energy China Development Clean Energy Sustainable Renewable Energy

1 month, 3 weeks ago

Latin America a magnet for new firms

China Daily

The BYD Co's Yuan Pro electric vehicle is launched in Brazil at an event at Clube Monte Libano in Sao Paulo, on Sept 5. China saw its foreign trade value with Latin America soar 9.6 percent year-on-year to 2.79 trillion yuan in the first three quarters of 2024, statistics from the General Administration of Customs show. Zhang Shaogang, vice-chairman of …

China Trade Market Manufacturing Latin America Latin American Latin

Brazil, China pursue sustainable growth

China Daily

MA XUEJING/CHINA DAILY With Brazil and China celebrating half a century of diplomatic relations and Rio de Janeiro hosting the G20 Summit on Monday-Tuesday, this is the right time to reflect on the challenges and opportunities the 21st century presents to the two countries. In 2023, trade between the two countries reached new highs, thanks to China's increasing demand for …

Global Energy China Development Clean Energy Sustainable Renewable Energy

Trending News

1 month, 3 weeks ago

Rosy prospects seen for trade exchanges

China Daily

By Zhang Yunbi | China Daily | Updated: 2024-11-16 08:03 Exhibitors at the Peru Pavilion prepare coffee for visitors during the 32nd Guangzhou Fair at the China Import and Export Fair Complex in Guangzhou, Guangdong province, on Aug 24. According to Peruvian trade research agency CIEN-ADEX, Peru's exports of agricultural and fishery products to China totaled about $390 million last …

China Trade Development Region Caribbean Latin America Latin

Trending News

1 month, 3 weeks ago

Rosy prospects seen for trade exchanges

China Daily

Exhibitors at the Peru Pavilion prepare coffee for visitors during the 32nd Guangzhou Fair at the China Import and Export Fair Complex in Guangzhou, Guangdong province, on Aug 24. According to Peruvian trade research agency CIEN-ADEX, Peru's exports of agricultural and fishery products to China totaled about $390 million last year. "China is willing to continue to maintain traditional trade …

China Trade Development Region Caribbean Latin America Latin

1 month, 3 weeks ago

Rosy prospects seen for trade exchanges

China Daily

Exhibitors at the Peru Pavilion prepare coffee for visitors during the 32nd Guangzhou Fair at the China Import and Export Fair Complex in Guangzhou, Guangdong province, on Aug 24. According to Peruvian trade research agency CIEN-ADEX, Peru's exports of agricultural and fishery products to China totaled about $390 million last year. "China is willing to continue to maintain traditional trade …

China Trade Development Region Caribbean Latin America Latin

1 month, 3 weeks ago

Chinese, Peruvian leaders inaugurate new megaport, boosting Latin America's trade links

China Daily

This combo photo shows President Xi Jinping and his Peruvian counterpart, Dina Boluarte, attending the opening ceremony of the Chancay Port via video link in Lima, Peru, Nov 14, 2024. Peruvian officials and experts see the Chancay Port as a step toward redefining South America's role in global trade, making it easier for Peru and neighboring countries to export goods …

China Trade Asia Port South America Latin America West

1 month, 3 weeks ago

Chinese, Peruvian leaders inaugurate new megaport, boosting Latin America's trade links

China Daily

This combo photo shows President Xi Jinping and his Peruvian counterpart, Dina Boluarte, attending the opening ceremony of the Chancay Port via video link in Lima, Peru, Nov 14, 2024. Peruvian officials and experts see the Chancay Port as a step toward redefining South America's role in global trade, making it easier for Peru and neighboring countries to export goods …

China Trade Asia Port South America Latin America West

1 month, 4 weeks ago

How China capitalized on US indifference in Latin America

Live Mint

Chinese leader Xi Jinping arrives this week in a region where China has replaced the U.S. as the dominant trading partner for most big economies, with the exceptions of Mexico and Colombia. “It’s super frustrating because this region has everything you’d think American companies would want," said Ryan Berg, director of the Americas program at Washington’s Center for Strategic and …

China Region Taiwan Caribbean Latin America Latin American Latin

1 month, 4 weeks ago

Opportunities abound for China, US to expand agricultural trade, exec says

China Daily

China is likely to import 30 million metric tons of soybeans from the United States during the 2025 marketing year — from Sept 1,2024, to Aug 31, 2025 — and the two countries have ample opportunities to expand agricultural cooperation, said a senior executive of the US Soybean Export Council. China's total soybean imports, including those from the US, are …

Global China Trade Both Countries Agricultural Fritz Soybean

1 month, 4 weeks ago

Opportunities abound for China, US to expand agricultural trade, exec says

China Daily

China is likely to import 30 million metric tons of soybeans from the United States during the 2025 marketing year — from Sept 1,2024, to Aug 31, 2025 — and the two countries have ample opportunities to expand agricultural cooperation, said a senior executive of the US Soybean Export Council. China's total soybean imports, including those from the US, are …

Global China Trade Both Countries Agricultural Fritz Soybean

1 month, 4 weeks ago

Lula’s Embrace of Xi Sets Up a Clash Over Trump’s China Policy

Live Mint

In Brazil’s westernmost state of Acre, a gleaming new section of highway is being built to carry President Luiz Inacio Lula da Silva’s hopes of economic transformation. Speaking at Bloomberg New Economy at B20 in Sao Paulo in October, US Trade Representative Katherine Tai said she “would encourage our friends in Brazil to look at the risks” of closer ties …

China Infrastructure Trade Trump Investments South America Latin America

1 month, 4 weeks ago

Xi embarks on Latin America trip to champion cooperation, multilateralism

China Daily

A dragon dance is staged at a reception celebrating the 50th anniversary of the establishment of diplomatic relations between China and Brazil in Brasilia, Brazil, Aug 15, 2024. BEIJING -- President Xi Jinping is embarking on a journey Wednesday to Latin America, where he will attend the 31st APEC Economic Leaders' Meeting in Lima, capital of Peru, and the 19th …

Solidarity World Global Governance Economic Cooperation Developing Countries Latin America

2 months ago

Half of the globe apart, still good neighbors: Xi Jinping's affinity with Latin America

China Daily

President Xi Jinping holds a welcoming ceremony for Brazilian President Luiz Inacio Lula da Silva at the square outside the east entrance of the Great Hall of the People prior to their talks in Beijing, April 14, 2023. A SHARED VISION FOR COMMON DEVELOPMENT Addressing the China-Latin American and Caribbean Countries Leaders' Meeting held in Brazil in 2014, Xi proposed …

China Latin America Latin American Latin America Brazilian President

2 months ago

Half of the globe apart, still good neighbors: Xi Jinping's affinity with Latin America

China Daily

President Xi Jinping holds a welcoming ceremony for Brazilian President Luiz Inacio Lula da Silva at the square outside the east entrance of the Great Hall of the People prior to their talks in Beijing, April 14, 2023. A SHARED VISION FOR COMMON DEVELOPMENT Addressing the China-Latin American and Caribbean Countries Leaders' Meeting held in Brazil in 2014, Xi proposed …

China Latin America Latin American Latin Brazil America Brazilian

2 months ago

USDA's Hafemeister on US-China Trade

Bloomberg

00:00 Yeah, I think that's the general consensus. And that could potentially, you know, throw China's plans into a mess, of course, because they're trying to stumble out of a climb out of a slowing economy right now. We talked to a number of American ag support suppliers to China, including the acting undersecretary for trade, for foreign trade and …

India China Markets

3 months, 2 weeks ago

Inside the Chinese mega-port built in America’s backyard

The Telegraph

Chancay is typical of the “first civilian, later military” logic of hundreds of Belt and Road projects around the world, according to the Asia Pacific Policy Institute, a US think tank. The warning comes after China displaced the US as Latin America’s top trade partner, thanks in part to Belt and Road infrastructure projects. Gonzálo Ríos Polastri, Chancay’s deputy general …

China Latin America Chinese Peruvian Chancay Cosco

4 months ago

Chinese EV sales in Latin America zoom

China Daily

Workers assemble a chassis at the BYD solar panel and electric bus chassis production facility in Campinas, Sao Paulo state, Brazil, in November. JONNE RORIZ/GETTY IMAGES Made-in-China electric vehicles are winning over car buyers across Latin America and reshaping views about Chinese products. The advanced technology and competitive pricing of Chinese vehicles — EVs as well as traditional cars — …

China Cars Vehicles Latin America Latin America Chinese

4 months ago

Chinese EV sales in Latin America zoom

China Daily

By JIMENA ESTEBAN in Buenos Aires | China Daily Global | Updated: 2024-09-11 09:25 Workers assemble a chassis at the BYD solar panel and electric bus chassis production facility in Campinas, Sao Paulo state, Brazil, in November. JONNE RORIZ/GETTY IMAGES Made-in-China electric vehicles are winning over car buyers across Latin America and reshaping views about Chinese products. The advanced technology …

China Cars Vehicles Latin America Latin America Chinese

4 months ago

Chinese EV sales in Latin America zoom

China Daily

Workers assemble a chassis at the BYD solar panel and electric bus chassis production facility in Campinas, Sao Paulo state, Brazil, in November. JONNE RORIZ/GETTY IMAGES Made-in-China electric vehicles are winning over car buyers across Latin America and reshaping views about Chinese products. The advanced technology and competitive pricing of Chinese vehicles — EVs as well as traditional cars — …

China Cars Vehicles Latin America Latin America Chinese

4 months, 2 weeks ago

UN lowers Latin America growth forecast

China Daily

A man watches a fire in a sugar cane plantation near Dumon city, Brazil, Aug 24, 2024. The report said Latin America and the Caribbean could face additional economic challenges because of weaker growth forecasts from its main trading partners. Export sector Santiago Bustelo, who holds a PhD in international politics from Fudan University in China, said one of the …

Growth China Economic Growth Economic Caribbean Latin America Latin

4 months, 2 weeks ago

UN lowers Latin America growth forecast

China Daily

A man watches a fire in a sugar cane plantation near Dumon city, Brazil, Aug 24, 2024. The report said Latin America and the Caribbean could face additional economic challenges because of weaker growth forecasts from its main trading partners. Export sector Santiago Bustelo, who holds a PhD in international politics from Fudan University in China, said one of the …

China Economic Growth Caribbean Latin America Latin America Sector

4 months, 2 weeks ago

U.S. Latinas contributed $1.3 trillion to the GDP, about as much as Florida’s economy, report finds

Associated Press

Latinas contributed $1.3 trillion to the U.S. gross domestic product in 2021, up from $661 billion in 2010 and at a growth rate nearly triple that of non-Latinos during the same time period, according to a new report funded by Bank of America and conducted by professors at California Lutheran University and UCLA. The report was compiled using publicly available …

Economic Latina Latinas Hayes Bautista Fienup Economy Report

4 months, 3 weeks ago

Beijing a good and able partner for Latin America's development

China Daily

Container cranes and rail-mounted gantry cranes shipped from China arrive on June 27, 2024 at the Chancay Port in Peru. By developing new quality productive forces, China will contribute more to deepen cooperation among countries and help restructure the complex global industry and supply chains. Along with developing new quality productive forces, China has also intensified its research and development …

Global Development Latin America Latin American Countries America Chinese

5 months ago

China's love for Argentine beef fuels sales

China Daily

Argentina's economic relationship with China has become increasingly important, with growing trade highlighted by increasing beef exports from the South American country. Between 2017 and 2022, Argentina's exports to China grew by 12.8 percent per year, according to the Observatory of Economic Complexity, a data visualization tool for international trade. Argentina's beef exports to China reached 234,000 metric tons in …

China Trade Economic Argentina Exports Beef Schulz

5 months, 3 weeks ago

Bolivia’s beleaguered president announces natural gas discovery, promising a boon for the country

Associated Press

LA PAZ, Bolivia — Bolivia’s embattled president on Monday announced the discovery of vast natural gas reserves, describing it as the biggest find in nearly two decades that could help the cash-strapped country reverse its falling production. That was the engine of robust growth in the early 2000s, a period of booming exports and declining poverty that experts have termed …

Gas Natural Bolivia

6 months ago

Latin America bets on the Asia-Pacific

China Daily

LI MIN/CHINA DAILY During a visit to Indonesia in mid-June, Claudia Sanhueza, Chilean undersecretary for international economic relations, formally submitted the country's request to join the Regional Comprehensive Economic Partnership. Later, Chile was the first country in the region to support China's application to join the World Trade Organization, the first to recognize China as a market economy, and the …

International China Trade World New Zealand Latin America Country

6 months ago

With Argentina’s president skipping Mercosur, the future of the trade alliance looks doubtful

Associated Press

ASUNCIÓN, Paraguay — The most notable thing about the Mercosur trade bloc’s meetings on Sunday in Paraguay was an absence — that of Argentine President Javier Milei. Uruguay’s president, Luis Lacalle Pou, who has staked his economic legacy on opening up to China, said Mercosur has held his country “hostage.” Incensed over the breach of solidarity, Brazil announced it would …

China Trade Argentina Brazil Countries President Bolivia

6 months, 1 week ago

Economic turmoil in Bolivia fuels distrust in government and its claim of a ‘failed coup’

Associated Press

LA PAZ, Bolivia — Signs reading “I’m buying dollars” line the doors of Víctor Vargas’ shoe shop in the heart of Bolivia’s biggest city, a desperate attempt to keep his family business alive. “He should think about Bolivia’s economy, make a plan to move forward, find a way to get dollars and work to move Bolivia forward,” Vargas said. But …

Economy China Political Economic Coup Latin America Bolivia

6 months, 2 weeks ago

China, Latin America justified in bolstering ties

China Daily

Economic exchanges between Latin America and China have gained momentum since the 1990s, especially through trade between China and Latin American countries on the Pacific coast but have gradually spread to, and intensified in, other areas. China is the main trading partner of several Latin American countries, and direct investment from China in Latin America and the Caribbean has remained …

Human Rights China Rights South America Latin America Latin American Latin

6 months, 2 weeks ago

China, Latin America justified in bolstering ties

China Daily

Economic exchanges between Latin America and China have gained momentum since the 1990s, especially through trade between China and Latin American countries on the Pacific coast but have gradually spread to, and intensified in, other areas. China is the main trading partner of several Latin American countries, and direct investment from China in Latin America and the Caribbean has remained …

Human Rights Rights South America Latin America Latin American Brazil Countries

6 months, 2 weeks ago

Cuban cultural anthropologist's academic quest in China

China Daily

Jesus Guanche Perez, vice-president, Hebei International Studies University. For many years, veteran Cuban cultural anthropologist Jesus Guanche Perez viewed China as a distant and intriguing country, but it was only in 2018 that he was able to explore it for himself, thanks to an invitation from a private university. His opportunity came when the Hebei International Studies University in Shijiazhuang, …

China University Cuba Academic Cultural Latin America Bri

6 months, 2 weeks ago

Cuban cultural anthropologist's academic quest in China

China Daily

Jesus Guanche Perez, vice-president, Hebei International Studies University. For many years, veteran Cuban cultural anthropologist Jesus Guanche Perez viewed China as a distant and intriguing country, but it was only in 2018 that he was able to explore it for himself, thanks to an invitation from a private university. His opportunity came when the Hebei International Studies University in Shijiazhuang, …

China University Cuba Academic Cultural Latin America Bri

Latin America could become this century’s commodity superpower

History of this topic

Latin America a magnet for new firms

The Biden administration pushes for more US-Latin America trade, seeking to lessen Chinese influence

Discover Related