MercoPress. South Atlantic News Agency
Chinese PM in Brasilia; Beijing prepared to invest 100bn in transport and energy
China's Premier Li Keqiang arrived in Brasilia on Monday to sign agreements on infrastructure, energy and aviation that experts say could reach 100 billion dollars. The South American tour also includes Colombia, Peru and Chile and aims to restructure China's resource-driven trade with Latin American countries by including more value-added products. Read full article
Comments
Disclaimer & comment rulesChina is Chile's largest trading partner and the relationship between. Our two countries have an excellent relationship and Chile was the first Latin American country to recognize diplomatically the PRC.
May 19th, 2015 - 09:49 am - Link - Report abuse 0There will be some trade agreements made when they arrive here, but the difference will be that they'll be based on on their merits, not how much money that'll go “under the table.”
@1
May 19th, 2015 - 10:40 am - Link - Report abuse 0I perfectly understand your jealousy. But the reality is that Chile has nothing attractive for world trade, except of course copper.
So incoming investments are proportional to the level of attractiveness of its market. That is, very little.
https://www.youtube.com/watch?v=NCaH-qqTWpk&list=FLmXPTu1f8AdGlizWNiASx2A&index=1
China is the lender of last resort. They obviously smell blood in the water.
May 19th, 2015 - 11:04 am - Link - Report abuse 0Brazil is devolving and will continue until they get the Marxist Monkeys out of their Gov't.
There is not a penny borrowed. All Chinese money will be invested by Chinese companies in partnership with Brazilian companies, under the tutelage of both countries.
May 19th, 2015 - 11:10 am - Link - Report abuse 0Below an interesting text on the pseudo Chinese domain.
http://tijolaco.com.br/blog/?p=26843
another in english
http://tijolaco.com.br/blog/?p=26843
@ 4 Brasso
May 19th, 2015 - 11:43 am - Link - Report abuse 0Ah, the semi-literate one today then I see?
Still completely missing the point by the comment “There is not a penny borrowed.”
No, of course not, sunshine!
Ha, ha, ha.
@ CryingR
May 19th, 2015 - 11:56 am - Link - Report abuse 0All right. I am an illiterate in English. So what? My future and the future of Brazil do not go through “five eyes”.
In fact, you are screwed. At a stroke they lost 20 million km2 in South America and CPLP.
Bye bye!
https://www.youtube.com/watch?v=tBujIZUe2o4
“So incoming investments are proportional to the level of attractiveness of its market.”
May 19th, 2015 - 12:21 pm - Link - Report abuse 0Which, I guess, is why Australia has more trade and inward investment from China than Brazil does.
Australia's exports to China: €70 billion (5th)
Brazil's exports to China: €41 billion (8th)
And let's face it, China much prefers to invest in Australia than Brazil. We don't need it to build our roads and rail because we can afford to build that. They invest in exporting industries so we can sell them even more stuff. Much much more than Brazil seems capable of.
What could Brazil do with €29 BILLION more income from China per YEAR!
“I perfectly understand your jealousy!”
Jealous of what? A dry clod in the middle of nowhere?
May 19th, 2015 - 12:29 pm - Link - Report abuse 0“Deus é mais”
hahaha
Palatable!
May 19th, 2015 - 01:35 pm - Link - Report abuse 0Your jealousy is quite delicious.
Yes we're a dry clod. But we're a rich dried clod.
Yes we're in the middle of nowhere. And yet closer to China with whom we trade more than Brazil.
It's alright, you got favelas and Argentina. Thankfully we didn't.
Bahahaha or jejejejejejejejejeje
@2, 4, 6. No wonder Chris R refers to you as “the semi-literate one”. Does it ever occur to you to ask yourself some questions? Why is the English language article written by a Chinese? Has China got so much money that it has to find somewhere to spend it before it reaches its 'consume by' date? I see the reference to South-South co-operation. Which part of China is south of the equator? When the UK offers other countries foreign aid, it has various objectives. One may be an urgent need to provide humanitarian assistance. Another may be to provide aid so that people don't try to get to Britain. Yet another may be to build up a 'goodwill' credit. Will the 'aided' country support Britain? So, in Brazil's case, what's in it for China? As of 2012, China-Africa trade totalled more than US$160 billion. And, as of 2014/15, how much is China-Latam trade worth? And why? Will Chinese move to Brazil? China has a population of 1,357,380,000. Brazil's population is tiny by comparison (202,768,562). Brazil's population density is also tiny. Just 62 per square mile. Plenty of room for 500 million Chinese. What happens when China decides to abandon a 'project' part way through? Can Brazil 'force' the issue? Why don't some people ever ask “What's the catch?” Would China pay 5 billion in compensation? Why not? It's chickenfeed! Especially when over 2 million Chinese armed forces personnel are on their way to get it back! Just mentioning possibilities!
May 19th, 2015 - 01:35 pm - Link - Report abuse 0Our resident bed pan cleaner, Paulcedron is confusing the word “illiterate” to what should be used instead: IGNORANT...
May 19th, 2015 - 01:58 pm - Link - Report abuse 0For the past 30 years, Chile has been China's one of the largest Latin American trading partners behind Brazil and Mexico. Chilean exports to China are mainly in copper, saltire, wood pulp, paper, fish meal, timber, pork, red wine, marine alga, potassium sulphate and fruit. Oh yes, we've maintained a positive trade balance.
Looking at China's “investment” in Brazil, while on principle, welcome, the Chinks aren't doing it because they love Brazil...their aim is to improve the infrastructure, or create it where it's non-existent (most of Brazil), with the sole intention of benefiting themselves....they can significantly lower the cost of transportation (freight, transit-time) of the much needed commodities coming out of the Centre-West region of Brazil , if they are shipped from Peru instead of Brazil's East Coast...
May 19th, 2015 - 06:20 pm - Link - Report abuse 0@1 Chicureo
the brasshole, at #2, once again shows off his ignorance and lack of culture : even if he doesn't know what Chile exports to China, one would think he would be aware of Chile's wine industry / exports, a lot of which comes to Brazil's main markets....not surprising really, given that he probably only drinks recycled sewage....he doesn't travel outside the immediate area of his slum, far less to Chile. Don't let it bother you, it's always the idiot who knows no better, that disdains what he can't have...
@10 Conq,
good points, but lost on the brasshole.
#12 Jack
May 19th, 2015 - 06:32 pm - Link - Report abuse 0Mr. Bed Pan Cleaner fails to understand that I'm very pro Brazil, I just hate the corrupt Lula socialists that are filling their pockets of the great country's wealth.
¡Saludos!
Meanwhile while the crackpot Brasileiro waxes lyrical Brazil goes further down the drain, oh look there's another thousand jobs lost, oh another thousand....
May 19th, 2015 - 06:38 pm - Link - Report abuse 0Give a whole new meaning to a Chinese takeaway...lol
May 19th, 2015 - 07:21 pm - Link - Report abuse 0cheap at half the price.
@13. Are you a Chilean right winger that hails China's corrupt and brutal communist growth model?
May 20th, 2015 - 01:55 am - Link - Report abuse 0#16 313toBioBio
May 20th, 2015 - 07:23 am - Link - Report abuse 0I'm a RN conservative moderate that recognizes like everyone else that China is the largest buyer of copper. I detest Communists and Marxists, but frankly the ruling governments of Argentina, Brazil and Venezuela are far worse.
Oh yes... The Chinese Communists actually pay their debts...
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