... local employment procreated, by such investment.
Andrey Kortunov:
Heartland Reunion: Geopolitical Chimera or Historical Chance?
While India lacks the global prowess to pull-off mega projects in ports, expressways, hydro-dams, etc., of the kind that China alluringly dangles, before a gapingly infrastructure deficient Latin America, Indian investment can most certainly make a material splash, in advancing the cause of benign socio-economically empowering emancipation, through agriculture, housing, skills-sets improvement, education and human resource development, soft-sector ...
Russia and China on the Latin American Arms Market
Argentina: Fighting on the Outskirts
The fledgling military-technical cooperation between Russia and Argentina was the subject of a recent
article
. The only recent contracts between the two parties are the delivery of two ...
... persistently working to dominate relatively new markets… As a result China is going to draw these countries in because the world's leading economy will always need huge resources."
[1]
To illustrate, note that
between 2000 and 2009, trade between China and Latin America grew by 1,200 percent,
reaching USD 261 billion
. However, the Celestial Empire is still unhappy, as early last January Xi Jinping urged the country
to double the figure
within 10 years. and raise high-tech cooperation on the priority ...
Russia and China in the Latin American Arms Market. Venezuela, Cuba, Nicaragua
At Commission on Military-Technical Cooperation (MTC) session with Foreign States on January 27, 2014 Russian President Vladimir Putin encouraged those present to seek out new markets, in particular ...
... EU
[12]
. The growth rate of exports from CELAC to China in 2006-2010 was more than five times higher than the corresponding world average
[13]
. In 2012, the volume of
CELAC exports to China
amounted to 130.9 billion dollars.
From 2005 to 2013, China accommodated Latin American countries with loans worth 102 billion dollars
[14]
, and in July 2014 announced the
creation of a new $35 billion fund
to finance infrastructure projects in the country-members of the Community of Latin American and Caribbean States ...
... change rapidly in the middle of the last decade. As far back as at the end of 2004 at the APEC summit in Santiago (Chile) the key figure who riveted everybody’s attention was not at all George Bush Jr. but PRC Chairman Hu Jintao. Far from hiding China’s interest in Latin America, he made a startling statement that China
intended to invest
USD 100 billion over the next ten years.
The Chinese leader’s statement was not at all unsubstantiated. In 2010 only
the Chinese investment in the region
made 15 billion ...