By Martin De Angelis A recently signed tri-lateral agreement between China, Peru and Brazil set hopes for a bi-oceanic railway corridor. If feasible, the project would significantly reduce trade costs and shipping times to China. On May 23rd, China’s Prime Minister Li Keqiang met with Peruvian President Ollanta Humala to sign the implementation of feasibility studies on a bi-oceanic … Continue reading
By Martin De Angelis Cash-strapped Argentina relies on China for everything from currency swaps to investments in nuclear infrastructure. Moreover, Argentina’s primary exports and sources of state funding are and will stay bound to the Chinese demand. After the 2001 financial crisis and the emergence of the Kirchner’s administration in 2003, Argentina has tried to avoid … Continue reading
China is set to invest $50 billion in new infrastructure projects across Brazil in a move that could be a big boost to bilateral ties. “There are about $50 billion in new projects. We need to wait till the end of the visit to specify the [exact] figures and what kind of projects it will be,” Brazil’s Foreign Minister Jose Alfredo Grasa Lima told … Continue reading