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China'S Investment In Latin America Continues To Heat Up Trade Hotspot Deserves Attention

2014/7/30 12:28:00 13

China'S Investment In Latin America Trade Hotspots Concerns

< a > href= > http://sjfzxm.com/news/index_cj.as > > /a > Latin America is of great significance /p >
Xi Jinping, deputy director of the Latin American Research Institute of the Chinese Academy of Social Sciences, Wu Baiyi, President of the Chinese Academy of Social Sciences, said that the most important significance of P is that China and Latin America have jointly announced the establishment of an overall cooperation mechanism such as the China Latin American Forum, which will include a series of supporting dialogues, policy coordination and the establishment of bilateral communication mechanisms. China and other parts of the world, such as Africa, ASEAN and the Middle East, have established similar cooperation mechanisms. The establishment of the Sino Latin American Forum marks the opening of the Sino Latin American cooperation. Since then, China and Latin America have entered the overall planning and layout cooperation. 
 it can be seen that the relationship between China and Latin America is becoming one of the most important relations in the world today. In recent years, the level of economic and trade cooperation between China and Latin America has also continued to rise rapidly. Trade, investment and finance "three carriages" are at the same time contributing to the Sino Latin American economic and trade prospects. 
Since P 2000, Sino Latin American trade has achieved an astonishing "three level jump" - breaking through 10 billion dollars in 2000, breaking through 100 billion dollars in 2007, and breaking through 200 billion dollars in 2012. Over the past 10 years, as a powerful engine of world economic growth, China has benefited a lot from Latin America, and China has also made progress in cooperation with Latin America. Last year, bilateral trade between China and Latin America amounted to US $261 billion 600 million. In the next 10 years, the Latin American economy and trade will also grow rapidly, and China's investment in Latin America is expected to increase by more than two times. 
 < a > href= > > http://sjfzxm.com/news/index_cj.as > /a > Economic and trade complementarity /p >
 Latin America is one of the most concentrated regions in developing countries, and it is a rising international force. Under the background of accelerating economic globalization and accelerating regional economic integration, both sides have huge demands for development. President Xi's visit to the four Latin American countries is of great significance for improving the level and level of Sino Latin American cooperation and achieving win-win cooperation. During the visit, China, Arab League and China Central Committee decided to upgrade bilateral relations to a comprehensive strategic partnership. China and Pakistan agreed to further deepen the comprehensive strategic partnership, and determined to be good friends, good comrades and good brothers on the road of socialism in the middle ages. In the field of economic and trade, China and the four countries have signed more than 150 contracts and framework agreements, involving an amount of about 70 billion dollars. For example, there are many financial and energy cooperation projects in China and Latin American countries, including rental projects of $1 billion drilling platforms, hydropower projects between China and Azerbaijan, nuclear power plant projects, and a $4 billion oil spanfer loan project between China and Venezuela. The development of these complementary projects represents the direction of cooperation in the future, and will further promote bilateral economic and trade cooperation and development. 
 experts say that the reason why China and Latin America are "hit the nail on the head" is the complementarity of economic and trade exchanges for many years. It is understood that China mainly imports agricultural products (including soybeans and vegetable oil, etc.) and natural resources (including crude oil and copper ore sand) from Latin America. Latin America needs to import computers and communications technology products, textiles, clothing, air conditioners and other commodities from China. At the same time, China and Latin America complement each other in infrastructure construction. Latin American countries need investment in infrastructure construction, while China needs to export its accumulated experience and technology. 
Last year, the trade volume between China and Pakistan exceeded P US $90 billion 200 million. China has become Brazil's largest trading partner since 2009. China has maintained Brazil's largest trading partner status and Brazil has become China's ninth largest trading partner. The bilateral trade volume between China and Argentina amounted to US $14 billion 800 million in 2013, which is more than 2400 times the beginning of the establishment of diplomatic relations. China has become Argentina's second largest trading partner and main source of investment. Argentina has become China's fifth largest trading partner in Latin America. The bilateral trade volume between Venezuela and Venezuela increased from US $1 million 400 thousand to US $19 billion 200 million at the beginning of the establishment of diplomatic relations. China has become the second largest trading partner of Venezuela, and Venezuela has become China's fourth largest trading partner in Latin America, an important energy partner and a project contract market. 
"P", of course, not only four Latin American countries, many other Latin American countries have also shown willingness to cooperate with China. China, Brazil and Peru decided to work together to explore the construction of the two ocean railway linking the Pacific and the Atlantic, and Lloyd Pinez, the ambassador of the Republic of Suriname to China, said: "now is the best time for the development of relations between Suriname and China, because all of us want to establish a cooperative relationship. As long as people who have been to Suriname understand that the population is very diverse and the culture is tolerant, we will further develop the relationship between Suriname and China and hope to establish cooperation with more Chinese companies. " According to reports, Surinam is rich in mineral resources and fresh water resources, and is close to the Americas and Europe. It is also an ocean channel from South Africa to Canada. Its strategic position is very important. For example, many telecom companies think that the development of the northern hemisphere can be supported by the important platform of Suriname. Grime Hovdlad, governor of Suriname central bank, pointed out: "in the past 25 years, Suriname has received great support from the Chinese government, including infrastructure construction, and many Chinese companies have made direct investment in Surinam, and hope that in the future more aspects will include more cooperation with the Chinese enterprises in the financial sector." 
 < a > href= > http://sjfzxm.com/news/index_cj.as > < /a > > /p >
Economically, Latin America, which has 589 million of the consumer population, will continue to provide a huge market for China's commodity exports. China will also provide technology and funding for its infrastructure construction. But as a region of global emerging markets and developing countries, how to deepen cooperation with China in the future deserves more attention. 
 July 25th, Japanese Prime Minister Abe Shinzo also began a visit to 5 Latin American countries. Although all circles are not optimistic about Andouble's visit, from another perspective, we should also see how the implementation of and consolidation of the achievements achieved by the leaders and the further strengthening of the long-term cooperation between China and Latin American countries are also a very important part after the short-term effects caused by the leaders' visit. 
 for example, in recent years, Argentina has launched more anti-dumping and countervailing measures against China, which need to be reduced by strengthening bilateral investment. In addition, at present, the main cooperation areas of China and Latin America still focus on the construction of resources and infrastructure. The strength of many private capital has not been fully exerted, and these forces need to be further mobilized to further promote the economic development of China and Latin America. 
Guo Cunhai, deputy director of the social and cultural room of the Latin American Institute of the Chinese Academy of Social Sciences, said: at present, the investment pattern of the Sino Latin American economic and trade relations based on primary products can continue for several years. But in the long run, spanformation and upgrading is the only way to go. In the future, the new growth point of cooperation between the two sides may focus on some industries with higher added value, such as finance, science and technology and so on. P