MercoPress. South Atlantic News Agency
Former Spanish president warns on China’s growing influence in Latinamerica
Former Spanish president Felipe González and several experts in economics and politics warned about the growing influence of China in Latin America, which nevertheless could also help to balance the international scenario according to a forum held in New York University sponsored by the Euro-America Foundation. Read full article
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Disclaimer & comment rulesSpain's Q4 2009
Mar 25th, 2010 - 07:21 am - Link - Report abuse 0exports : 62.431 $ millions ...imports : 84.513 $ millions...
China 's Q4 2009
exports : 354.945 $ millions...imports : 293.738 $ millions...
they can't do any “ tv” programs about Latin America becouse
they are blushing on above numbers !
These are only figures geo. The main reason for the high value of exports, lies in those goods made by US and European companies based in China. China does not have the capacity to produce anything of quality and which will find buyers in the US or Europe. With this, I am talking of “home grown” products.
Mar 25th, 2010 - 12:04 pm - Link - Report abuse 0globetrotter ; being of a “ home grown ” products country is an utopia and unrealistic and irrational today ! but few resister countries in the world..one of them is France who try to produce everything ,of course they have their own limits with poor financial capacity..can not make everything at optimum scales . China's strategical mentality is far from other ones means that not like Europe and USA's experiments as before ..
Mar 25th, 2010 - 02:42 pm - Link - Report abuse 0sometimes the perspectives of companies might be misleading !!..above numbers very very important ..you should finance the deficits..by how !?...China has huge international reserves !!
China does not have the capacity to produce anything of quality and which will find buyers in the US or Europe”
Mar 25th, 2010 - 05:38 pm - Link - Report abuse 0Globetrotter, what kind of world do you live?
I am a pro free trader. Free/Open trade is good, but the problem in America is that if we want those high manufacturing jobs back from Chine, we need to cut the capital gain tax here what is outrageous high and simply reform our tax code and make government smaller. Our budged deficit is unsustainable and it's caused by big spending and our trade deficit we can cut fast if we change our tax code.
nicholas ; yu are very correct !
Mar 25th, 2010 - 07:00 pm - Link - Report abuse 0US federal budget in bust position !
it's personal ,corporate income and production taxes (as rate and sum)
have decreased since 2007 ! ...but.. social security expenditures
have increased since 2007 ! ... this means that this is ruin budget !!
also this means that :
yu can't realize any social security ( health...etc) mutations !
what a timing !*!*!*!
i agree with all high quality comments ( # 1,#2, #3,#4,#5) !
Mar 27th, 2010 - 08:34 am - Link - Report abuse 0Commenting for this story is now closed.
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