INTO LATIN AMERICA

来源 :Beijing Review | 被引量 : 0次 | 上传用户:shaoqing5320
下载到本地 , 更方便阅读
声明 : 本文档内容版权归属内容提供方 , 如果您对本文有版权争议 , 可与客服联系进行内容授权或下架
论文部分内容阅读
  When a 7.8-magnitude earthquake hit Ecuador on April 16 this year, the first four of the eight turbines at the new China-invested Coca Codo Sinclair hydroelectric plant had only been operational for three days. The catastrophic quake crippled the Ecuadorian power system, leaving the country with an extreme shortage of power supplies. Upon the request of the Ecuadorian Government, the hydroelectric plant restored power generation after hours of maintenance to meet the country’s power demands.
  Now, all eight turbines from the power plant, the largest clean-energy project in Ecuador’s history, which provides 7,000 jobs for local people, are fully operational, generating power that accounts for nearly 40 percent of the country’s electricity demand.
  The hydropower plant is a small sample of Chinese investment in Latin American and Caribbean (LAC) countries and is part of the fast growing China-LAC economic relations in the past decade.
  Currently, over 120 Chinese industrial and business entities have registered with the Chinese embassy in Ecuador. Their businesses range from hydraulic electricity generation and road and bridge construction to communication and financial services.


   Common development
  Chinese President Xi Jinping just wrapped up his third LAC trip since assuming office by visiting Ecuador, Peru and Chile from November 17 to 23, following trips in 2013 and 2014.
  China, the largest developing country, and LAC countries, largely developing ones, share many similarities during their pursuit of economic development.
  Xi’s latest visit intends to further enhance cooperation. During his stay in Ecuador, the two governments decided to upgrade bilateral ties to a comprehensive strategic partnership, which aims at boosting cooperation in a broader range of areas.
  Due to the major decline in global oil prices in recent years, Ecuador, which is heavily reliant on oil exports, has suffered from a severe economic downturn. The United Nations Economic Commission for Latin America and the Caribbean estimated that Ecuadorian economy would plunge 2.5 percent this year .
  Under these circumstances, “support from China is very important,” José M. Borja, Ecuadorian Ambassador to China told China National Radio a few days before Xi’s visit. Borja candidly remarked that support means more funding and technology. He added that his country is undergoing an energy transformation as it is trying to reduce its reliance on oil and concentrate on new and clean energy development.   The Ecuadorian ambassador also noted that among the nine hydroelectric plants that have already been built or are currently under construction in Ecuador, eight are from Chinese companies.
  These plants are expected to enable Ecuador to transform from a power-hungry country into a clean energy exporter and help expand its economy. For instance, statistics provided by PowerChina show that the Coca Codo Sinclair hydropower plant is able to generate 8.8 billion kilowatt-hours of electricity every year.
  The success of the hydropower projects in Ecuador has helped Chinese enterprises to explore other LAC markets. According to Zi Jiquan, an official with Sinohydro Corp., many companies from other LAC countries, including Honduras and Dominica, showed interest in cooperation after visiting their facilities in Ecuador.
  The Ecuadorian ambassador also hailed the efforts Chinese enterprises and Chinese funds have made in infrastructure construction. Besides hydropower exploration, Chinese companies also invest heavily in highway construction, wind power stations, and provide public security services.
  Currently, Ecuador is a top destination for Chinese investment and financing in Latin America. Chinese investment and financing has exceeded $10 billion, supporting hundreds of projects. For instance, 85 percent of Coca Codo Sinclair is financed by the Export-Import Bank of China through a $1.68 billion loan. And data provided by PowerChina shows the Chinese company has carried out projects worth a total of $3.5 billion in Ecuador since entering the market in 2009.
  In the joint statement released during Xi’s visit, the two countries pledged to boost production capacity and investment cooperation and to implement major projects in oil and gas, mining, infrastructure, water conservancy, com- munication and finance.
  China will also transfer some of its technological knowledge to its Ecuadorian counterparts. The two sides also agreed to encourage companies and financial institutions to discuss potential cooperation on the Pacific Refinery, a large petrochemical project in Ecuador’s northern province of Manabi, which will be a pillar of the petrochemical industry in Ecuador and the region at large.
  In a recent article published on WeChat, former Chinese Ambassador to Ecuador and Chile Liu Yuqin said that Xi’s latest visit and the large number of cooperation agreements signed show that China-Ecuador relations are being lifted to a new level and will undoubtedly benefit people from both sides.    Fast growing cooperation
  When Peruvian President Pedro Pablo Kuczynski chose China to be his maiden foreign trip as head of state in September this year, Bloomberg news said the leader had broken with tradition saying that, “it is a sign of the times.”
  With growing investment, trade ties and cultural exchanges, cooperation between China and Peru has entered the “fast lane” in recent years.
  Currently, China is Peru’s largest trading partner, its largest export market and biggest source of imports. Bilateral trade has remained on an upward trajectory, hitting a record level of nearly $15 billion in 2015. Peru is one of the top regional destinations for Chinese investment. Politically, the two countries have established a comprehensive strategic partnership, the highest level of relations between China and other nations.
  During Xi’s stay, the two countries inked a slew of procurement agreements worth $2 billion covering light industry, textiles, agriculture, medicine, metals and mining. They also agreed to upgrade their free trade agreement (FTA). President Xi called on both countries to treat industrial capacity cooperation as a new engine for economic ties and to strive for the completion of major projects ahead of schedule.
  The two presidents witnessed the signing of a cross-border e-commerce bilateral trade memorandum of understanding, a milestone in their digital trade relations. The major purpose of this is to give Peruvian small and mediumsized companies access to the vast Chinese market and vice versa.
  Recently, some Peruvian companies have begun to enter e-commerce partnerships with Chinese counterparts covering trade in ornaments, alcohol, auto parts and machinery. Chinese smartphones, cars and construction machines are popular in the Peruvian market, much in the same way that Peruvian avocados are well received in China.
  Data from China’s Commerce Ministry shows that at present, over 170 Chinese businesses have invested more than $14 billion in Peru, creating tens of thousands of jobs and new sources of tax revenue for the government.
   A leading model
  Chile was the last leg of President Xi’s three-nation visit in the LAC region. The nation was the first from South America to establish diplomatic ties with the People’s Republic of China 46 years ago and the first to conclude talks with China on its WTO accession.
  In 2006 Chile also became the first LAC nation to sign an FTA with China. According to the FTA, both countries agreed to adopt a zero-duty policy to cover 97.2 percent of products within a decade. Two years after implementation, the bilateral trade volume had increased 66.34 percent and China became(and still is) Chile’s biggest trading partner. Boosted by the FTA, the bilateral trade volume reached $31.8 billion last year, nearly five times its level of 10 years ago.   Chilean cherries, blueberries, wine and seafood are more commonly seen in the Chinese market these days, and Chile is China’s second largest source of wine imports. Good quality, competitively priced Chinese products are also popular among Chilean consumers. Chinese-made cars have taken up a considerable share of the Chilean auto market.
  In a joint statement released during Xi’s visit, the two countries agreed to lift bilateral ties to a comprehensive strategic partnership and to begin talks on upgrading the FTA as soon as possible. According to Chilean President Michelle Bachelet, this will catalyze trade cooperation even further. In talks with Bachelet, Xi said China-Chile ties are entering a new era of maturity and stability based on a high level of mutual political trust and sound economic cooperation. Xi added that from this new starting point, the two countries should actively strive to ensure China-Chile relations and continue to spearhead China’s ties with Latin America.
  Bachelet said her country is willing to elevate bilateral ties and break new ground for the opportunity to deepen cooperation in various areas. The Chilean president also welcomed Chinese enterprises increasing investments in her country, and expressed the hope that Chile would join the AIIB as soon as possible.
其他文献
China will mark the 15th anniversary of its accession to the World Trade Organization (WTO) on December 11. In retrospect, one of the most important aspects of China’s WTO inclusion is that the countr
期刊
Fidel Castro passed away at the age of 90 on November 25, after a lifetime of practicing socialist idealism and withstanding efforts by the United States to depose and demonize him. Though his governa
期刊
You know you’re in a fun palace when the subway elevator walls are decorated with plastic cutouts of cartoon characters loved the world over. There is also something electric in the energy of a crowd
期刊
The sluggish economic performance of the northeastern region in the first three quarters of 2016 has once again sounded alarms for the Chinese Government. The region—encompassing the three provinces o
期刊
Acclaimed actress and film director Zhao Wei has been appointed the National Goodwill Ambassador for the United Nations Development Program (UNDP) in China. In her new role, Zhao will focus on raising
期刊
What will the world look like in 2020? According to many international relations observers, in four years’ time, China will be world’s leading economy, pioneering green energy policies and launching s
期刊
The Peruvian version of Chinese President Xi Jinping’s The Governance of China was released in Lima, capital of Peru, on November 19. The local version was jointly published by China’s Foreign Languag
期刊
In his first policy announcement after election, U.S. President-elect Donald Trump claimed on November 21 that he would withdraw the United States from the 12-nation Trans-Pacific Partnership (TPP) fr
期刊
December 11 marks the 15th anniversary of China’s accession to the World Trade Organization(WTO). As a nation that’s been fundamentally changed by WTO membership, China is hoping it can be treated mor
期刊
The recent exchange of gunfire between India and Pakistan on the border in the disputed territory of Kashmir has resulted in dozens of deaths. The tension along the line of control in Kashmir has been
期刊