Didi says winter is coming, but Latin America is its spring

阅读更多关于此新闻的文章,请点击链接: 滴滴宣布寒冬将至,却在拉美喜迎新春?

You could be forgiven for thinking that senior management of Didi Chuxing, China’s largest rideshare app, were Game of Thrones fans waiting for the final season. The way they announced at the company's monthly company-wide meeting that Didi was cutting headcount 15% was as grim as a horde of white walkers: "winter is coming" ("全员会宣布过冬”). But the loss of those employees in China — as Didi focuses more on core business lines — will be offset by job growth elsewhere as international becomes a more important part of Didi’s growth strategy:

澎湃 新闻记者获悉,在“关停并转”和裁员的同时,2019年滴滴将在安技术、产品和线下司机管理及国际化等重点领域加大投入,继续招聘2500人

News reports say that while there will be “shutdown and transfer” and layoffs, Didi will also increase investment in key areas such as security technology, product and offline driver management, as well as and internationalization, recruiting 2,500 people.

Key to the internationalization strategy is Latin America. After buying Brazil’s 99 last year, working with Brazil’s Hub Fintech, and launching operations in Mexico, Didi has confirmed it is now expanding into the Pacific Alliance, Chile, Colombia, and Peru:

根据对滴滴出行在职业社交网站领英上的招聘公告分析,滴滴出行已从中国派出高管负责智利、秘鲁等市场的扩张,近几周开始在这些国家投放司机运营、危机管理、营销以及业务拓展人员的招聘广告。

According to the analysis of the recruitment announcement on Didi on LinkedIn, Didi has sent executives from China to be responsible for the expansion of markets in Chile and Peru. In recent weeks, job advertisements about drivers’ operations, crisis management and marketing and  business development positions have been released in these countries.

And indeed, just today Didi posted seven jobs in various places in Chile, Colombia, and Mexico. Over the last four weeks it has recruited for more positions in Latin America than it has in the United States or mainland China.

Didi’s focus on Latin America is indicative of two trends we have highlighted for this year:

  • Tech — and in particular tech services — is an area of growth in the Asia-Latin America relationship; and

  • As concerns about the slowdown in the Chinese economy continue to rise, Chines companies will look to Latin America as an area of growth.

Top Stories

¿La china CNPC con el lote 58 en problemas?— El Comercio

CNPC is rumored to have run into environmental issues in its $4.4b exploration of a natural gas reserve in Peru. Deforestation concerns have been raised, and the question is whether CNPSC will ask the government to declare force majeureto allow for a new timeline for exploration.

Japón fortalece las exportaciones de México: SE— El Economista

Ven fortalecimiento de relación México-Japón con acuerdo TPP-11— El Universal

Japón prevé más inversiones para México en autopartes— El Economista 

Armadoras japonesas invertirían en México para poder cumplir con las reglas del T-MEC: presidente de Honda Motors— El Financiero 

Cámara de Japón pide a AMLO mitigar efectos del T-MEC— Opportimes 

Guanajuato refrenda alianza comercial con Japón— El Heraldo

Japan sent a big commercial delegation to Mexico this week to meet with the new governing team there. One highlight: investment expected to be driven by the content requirements of NAFTA 2.0.

Mourão diz que Brasil e China precisam demais um do outro— Exame

Brasil quer menos China e mais Índia— Exame 

Bannon diz que Bolsonaro irá afastar Brasil da China— Brasil 24/7

Brazilian President Jair Bolsonaro (and Steve Bannon) keep saying that Brazil and China will go their separate ways. Vice President Hamilton Mourão says the two countries “need more of each other."

China anuncia tarifas antidumping ao frango do Brasil por 5 anos— Estado de Minas

China isenta de tarifas 14 empresas do Brasil que exportam carne de frango— Globo

China to exempt some Brazilian chicken importers from anti-dumping tariffs— SCMP

BRF and JBS Group are among the 14 Brazilian companies that will not be subject to Chinese chicken tariffs as long as they sell above an undisclosed floor price.

Presidente da Colômbia diz que China será mais forte na América Latina se apoiar Guaidó na Venezuela— Observador

Qué intereses tiene China en Venezuela (y por qué es uno de los que tiene más que perder)— BBC

China ratificó que mantendrá relaciones económicas con Venezuela— VTV

A China já tem um plano B na Venezuela— Terra

China calls report of talks with Venezuela opposition 'fake news'— Reuters

China Talks With Venezuela Opposition to Protect Investments— WSJ

China continues to walk a fine line in Venezuela

Un alto jefe militar de Estados Unidos advirtió que la base china en Neuquén podría usarse para fines “no civiles”— Clarín

Los documentos secretos que revelan para qué se usará la base china en Neuquén que inquieta a EE.UU.— Clarín 

El misterio de la base espacial china en Neuquén: la Argentina no "puede interferir" en sus actividades— TN

Estados Unidos pone la lupa sobre la estación espacial china en la Patagonia— Yahoo

US SOUTHCOM head Admiral Craig Faller tells the US Congress he’s nervous about that Chinese space tracking station in Neuquén, Argentina.

Análise: Brasil se beneficia da guerra comercial entre Estados Unidos e China— Paraná Portal

¿Por qué México es el gran beneficiado en la guerra comercial entre EEUU y China?— Notimérica

Kevin Whitaker calificó de “nefasta” la presencia de Rusia y China en Latinoamérica— Radio Santa Fe 

Onde o Brasil pode ganhar na guerra comercial entre EUA e China— Gazeta do Povo

China considera irracionais críticas dos EUA à sua presença na América Latina— Diário de Notícias

Bolton speaks to El Salvador president-elect about 'predatory' China— Reuters

Trade war. US National Security Advisor John Bolton calls China “predatory”, and US Ambassador to Colombia Kevin Whitaker calls it “nefarious."

China — LAC

Pera chilena podría ingresar al mercado chino— Economía y Negocios

Seu próximo celular virá da China; Huawei e Xiaomi avançam para o Ocidente— UOL Online

Minério de ferro sobe na China com receios sobre oferta do Brasil— Extra

América Latina exportó a China un 24% más el año pasado— Expansión 

Una Franja, Una Ruta: oportunidades para el Perú— Expreso 

Relaciones diplomáticas México-China— El Universal

¿Por qué cuando China estornuda, el Perú se resfría?— RPP

Peru must develop new markets for avocados and stop relying on the EU and the US— Fresh Plaza

Colombia envía a un gran abogado como embajador a la China— Canal 1

China quiere participar en el Tren Maya y otros proyectos de AMLO— Alto Nivel

Las cerezas chilenas logran un gran éxito durante el festival— People’s Daily

Firma de amoblamientos para oficinas líder en China llega a la Argentina— iProfesional

La Ruta de la Seda llega a las Américas— Estudios de Política Exterior 

EPV y empresarios chinos estudian instalar hub alimenticio en Valparaíso— Portal Portuario

Medellín Colombia con nueva flotilla de buses eléctricos de China BYD— Energia Limpia XXI

El fantasma de la chino-dependencia— La Tercera

Hay avances para exportar aguacates de Jalisco a China— Opportimes

Perú inicia investigación sobre presunto dumping en importación de tejidos desde China— Reuters

Exportaciones mexicanas de aguacate a Canadá, China y Japón aumentan significativamente— Portal Frutícola 

Mexican avocado exports rise sharply to Canada, China and Japan— Fresh Fruit Portal 

El desafío de venderle a China— Clarín

Chinese companies compete for Brazilian bridge project— Reuters

China Builds Hydroelectric Plant with Cracks in Ecuador — Diálogo

Chile: Delegation from Jiangnan's wholesale market meets with Asoex— Fresh Plaza

China’s Belt And Road Initiative And Its Two Latin American Gateways— Clyde & Co

Korea — LAC

Itaipu apunta innovación tecnológica con apoyo de Corea— Ñandutí

S. Korean Banks Accelerating Entry into Latin American Market — Business Korea

Japan — LAC

Aeroméxico y Japan Airlines amplían oferta de vuelos— La Jornada

India — LAC

Venezuelan Oil Finds Home in India as U.S. Shuns Shipments— Finance Yahoo

Exclusive: India advises refiner to avoid U.S. system for Venezuela oil buying - source— Reuters

Venezuela doubling oil exports to India - minister— BN Americas

GCC — LAC

Saudi ban spoils outlook for Brazil chicken exports— JOC

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Bolivia gets in the lithium game

As we noted last week, Germany has had a bigger stake in Bolivia’s lithium reserves than China, ever since ACI Systems was awarded a partnership to develop the Uyuni salt flats. Well this week, everything changed.

On Wednesday, government-owned Yacimientos de Litio Boliviano (YLB) announced that it will hold a 51% stake in a joint venture with China's Xinjiang TPEA in $2.3b worth of lithium projects in the Coipasa and Pastos Grandes salt flats. The investment split is unclear: "The Chinese firm will provide initial investment and YLB will pay its share with future lithium production, YLB’s executive manager Juan Carlos Montenegro said.” YLB says it may also invest in a lithium battery plant in China with TBEA.

TBEA — relatively unknown in the Americas — is a privately held company based out of China’s Xinjiang Autonomous Region. TBEA and its head Zhang Jianxin have become strong proponent of China’s Belt & Road Initiative (BRI), with Zhang saying that "TBEA’s business is focused on BRI, a comprehensive and continuous developing strategy” (张建新表示,特变电工的业务也是围绕着“一带一路“战略全面的、持续的展开,这是我们既定的发展战略。). Worryingly, TBEA has been involved in a BRI project that has sent two Prime Ministers to jail in Kyrgyzstan.

Chinese coverage of the news has been colorful: 155亿元,中企终于啃下玻利维亚锂矿这块“硬骨头” (“With ¥15.5 billion, Chinese firm finally gets a bone to chew on in Bolivian lithium mine.”). And local press crows that — on the heels of Tianqi’s increased stake in Chile’s SQM, as well as Argentine investments — China has successfully entered the Bolivian lithium market (中国成功进军玻利维亚巨大的锂资源市场). But the BRI remains notably absent from the news, even though Bolivia was one of the first Latin American countries to join.

Bolivia is a country that deserve to benefit from its natural resources, and has struggled to do so in the past, such as with the natural gas fields in Eastern Bolivia. While this investment has the potential give Bolivia a boost, the lack of investment in the value-added lithium chain — like that in Chile— means the upside is limited. With lots of financing in natural resources and not as much oversight, we are left asking the question: is Bolivia the next Ecuador?

Top Stories

CNBV autoriza operar en México al banco coreano KEB Hana— El Economista 

Bancos asiáticos ganan terreno en México; KEB Hana iniciará operaciones— El Heraldo de México 

Regulador autoriza nuevo banco en México: el coreano KEB Hana— El Financiero

Korea’s KEB Hana gets the green light to open its doors in Mexico. 

GoPro traerá producción de China a México— Eje Central

Digital camera-maker GoPro is moving production from China to Mexico.

Chinese firm to build new PoS hospital block— TT Guardian

Shang­hai Con­struc­tion has been awarded a contract to build the $1b new central block of Port-of-Spain’s General Hospital.

UNCTAD: favorece a México “guerra” entre EU y China— El Universal

En la guerra comercial de EU-China, México se beneficiaría, dice Unctad— Tribuna

Brasil se beneficia com tarifas da China à soja dos EUA, diz Unctad— Estado de Minas

China compra dos mlls. de toneladas de soja estadounidense para facilitar negociaciones— El Comercio

Guerra comercial China - EEUU: por qué México y Chile podrían ser beneficiados— Teletrece

Colombia exportaría US$2.000 millones más por guerra comercial— Portafolio

A cuestas con la Doctrina Monroe— La Razón

Trégua comercial da China com EUA impacta exportação de soja brasileira— CGN

US sees China setback brewing in El Salvador— Washington Examiner

Why China wouldn't stop the US military in Venezuela— Washington Examiner 

The US-China Trade War Could Spread To Venezuela And Africa— Forbes 

South America Is a Battlefield in the New Cold War— Bloomberg

China says it will buy more soybeans, but American farmers see a bleak future— South China Morning Post 

Farmers celebrate China's plan to buy 5M tons of soybeans— UPI

Trade war.

No es solo Maduro, también es China— La Heine

Geopolítica y Venezuela— Mundiario

China e Rússia apoiam Bolívar contra Monroe na Venezuela— Brasil 24/7

“En Venezuela, China es la variable que lo cambia todo”— La Silla Vacilla

China pide un diálogo pacífico para resolver problemas en Venezuela— Forbes México 

Venezuela's PDVSA seeks to barter its oil with India— Reuters

Venezuelan opposition leader urges China to abandon Maduro— Guardian

Venezuela’s Guaido seeks talks with China— Malaysian Reserve

Japan's stance on Venezuela remains vague— Japan Today

The discussion over China’s role in Venezuela continues, while Japan remains non-committal.

China — LAC

Despojando para alimentar al gigante: China y el agronegocio en Chile— El Desconcierto

Cómo las cerezas de Chile conquistaron China y convirtieron a Hernán Garcés en el mayor exportador de esta fruta del mundo— BBC

El arándano chileno busca ser un sustituto de las palomitas de maíz en China— Tribuna

China amplía su ventaja como primer socio de Chile y ya abarca el 30% del comercio nacional— La Tercera 

Tevin Andrew: Carriacou laborers not benefitting from Chinese projects— The New Today

Carlos Alvarado viajará por América Latina, Caribe y China— El Mundo

Argentina recibe 1.000 toneladas de rieles provenientes de China para modernizar sistema ferroviario— China.org

China ‘aprende’ a tomar café e cria mercado promissor para produto brasileiro— Gazeta do Povo

Más de 300 buses eléctricos chinos rodarán por varias ciudades de América Latina en 2019— N más 1

Michael Reid: "América Latina ya no debe ser una región de dictaduras”— Diario Correo

Las exportaciones crecieron 10,4% por petróleo y compras desde China— La República

A China está crescendo menos. E isso vai ter impactos no Brasil— Gazeta do Povo 

Quinua peruana: Primer envío a China se realizaría este año— Gestión 

Negócios com a China ou Negócios da China?— Conexão Politica

FGV firma parceria com Conselho Empresarial Brasil-China— O Cafezinho

Empresa china HIKVision establecerá operaciones en Zona Libre de Colón— Panamá América

Cae producción de autos japoneses en México— El Sol de México 

Chinese-owned mine gets twin financing in Peru— Latin Lawyer

Embajador de China en Chile: “No tenemos ninguna intención ni posibilidad de controlar los recursos de Chile”— La Tercera 

Move over Chile, Norway wants a bigger slice of China's salmon market— IntraFish 

Korea — LAC

Empresas salvadoreñas buscan exportar a Corea del Sur— Equilibrium

Governador Romeu Zema recebe embaixador da República da Coreia— Jornal de Uberaba

Japan — LAC

Abertura do Japão para carne uruguaia pode beneficiar o Brasil— Portal DBO

Hitachi cierra su oficina en Buenos Aires y controlará la región desde Brasil— Cronista 

Hitachi cierra sus oficinas en la Argentina, pero seguirá produciendo en el país— La Nación 

Japón financia un proyecto de electrificación rural en Perú— PV Magazine

India — LAC

La firma india UPL tiene una vía para que México deje de importar maíz— Forbes México

With China slowing down, India’s burgeoning role in Latin America assumes significance — Financial Express

China’s slowdown is an Opportunity for India in Latin America Relation and Growth — Midway Chronicle

Final frontier: Why India’s booming Pharma companies are finding it tough to get into Argentinean Market— Financial Express 

India, Peru to hold next round of FTA talks in March in Lima— The Times of India

GCC — LAC

“Japón y Oriente Medio son mercados muy importantes para el mango mexicano para los próximos años”— Agroinformacion 

Brazil exports to Arab world hit $11.5bln in 2018— Reuters

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China’s Venezuela Challenge

阅读更多关于此新闻的文章,请点击链接: 委内瑞拉的中国问题

Oil baron J Paul Getty is reputed to have said: “if you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.” In lending more than $60b over the past two decades, China may have its own problem: Venezuela.

The chronic catastrophe in Venezuela has most likely transitioned to its acute stage. Over the past week Western governments moved to recognize Juan Guaidó, leader of the Venezuelan National Assembly, as interim president. The US, Organization of American States, Brazil, and the majority of Latin American countries have now been followed by members of the European Union. The US has further stepped up pressure, imposing sanctions on Venezuelan oil company PDVSA. 

China, Russia — as well as Bolivia and Cuba — still recognize Nicolás Maduro as president of Venezuela. Our friend at the Wilson Center Benjamin Gedan notes that China is the only one of those in a position to give material support to the Maduro government, and has effectively brought that to a halt. 

Guaidó recognizes the key role that China will play in the future of Venezuela, and that the current Maduro government is hurting their investments. In an interview with South China Morning Posthe says:

China is a fundamental global player with whom we would like to relaunch our relationship based on mutual respect and cooperation. China has witnessed at first hand the plundering of our state resources by Maduro’s government. Its development projects in Venezuela have been equally affected and falling due to governmental corruption and debt default. We are ready to begin a constructive relationship and dialogue with China as soon as possible.

But note that he wants to “relaunch" the relationship. Somethings will have to be included in that relaunching, including debt:

All agreements that have been signed with China following the law will be respected. If previous agreements were signed by adhering to the due process of approval by the National Assembly, my government will accept and honour them.

That reiterates the implicit threat that the opposition National Assembly and its supporters have hinted at before, that debt incurred by the Maduro government *without* National Assembly approval is “odious” and will be repudiated. 

China — while perpetually concerned about the specter of another “color revolution” (「顏色革命」) — for its part iswilling to play ball:

中方就委内瑞拉局势通过不同方式与各方保持密切沟通,愿同各方相向而行,劝和促谈,共同努力为委内瑞拉问题妥善解决创造有利条件。

...the Chinese side has been in close communication with all parties in various ways on the situation in Venezuela. We stand ready to work with all parties...

But with protecting its interests — loans, investments, and energy agreements — as the priority:

中委关系是正常的国与国关系。两国务实合作由来已久,一直本着平等互利、共同发展和商业化原则进行,完全合法合规,无论局势怎么变化,都不应该受到任何损害。中方将本着平等互利、合作共赢、共同发展的原则,持续推进同委内瑞拉各领域交流与合作。

China-Venezuela relations are normal state-to-state relations... It complies with laws and regulations and should be above any harm no matter how the situation may evolve.

The Chinese government is openly acknowledging discussions with the opposition, and a newspaper seen as wanting to keep Beijing happy is giving Guaidó a prominent perch. Are these signs that the “win win” with Venezuela is based as much on economics as politics?

Happy New Year!

Novam Portam团队祝您及家人阖家欢乐,万事如意,猪年快乐!

The Novam Portam team wishes you and your family a happy family, all the best, happy Year of the Pig!

Top Stories

China Should Join the New Trans-Pacific Partnership— Peterson Institute
Our friend Michael Plumer from SAIS argues that China should join the just-launched Trans-Pacific Partnership, with benefit to all sides. One catch: "But to join the CPTPP, China would have to undertake unprecedented reforms and manage complex political challenges.”

SoftBank Is Said to Prep Latam Fund Run by COO Claure— Bloomberg
SoftBank to launch new Latin American investment program— Contxto
Is SoftBank next? The Japan-based conglomerate is rumored to be setting up an investment fund for Latin America run by Bolivian-American COO Marcelo Claure.

En el nuevo "Gran Juego" del litio, Alemania adelanta a China en Bolivia— La Tercera
Autos eléctricos: la Argentina quiere ser el segundo productor mundial de litio, el futuro "petróleo blanco”— Todo Noticias
The “great game” for “white oil” has Germany taking a bigger stake in Bolivia’s lithium reserves than China, and Argentina looking to be #1.

México abrió el mercado chino para el aguacate y Pekín compra hoy 30,000 toneladas de este fruto— El Economista 
China buys 30,000 tons of avocados from Mexico.

Volumen de comercio China-América Latina supera 300.000 millones de dólares en 2018— Xinhua
China’s General Administration of Customs says trade with Latin America was up 19% last year, to $307m dollars. They point to the growth of high-value products such as frozen meats, fruits, flowers, alcohol, and tobacco as driving the increase.

AI startup Yitu Technology opens R&D center in Singapore— TechNode

"Megvii has its eyes on South America, following plans to this year “empower various industries” in Brazil with AI."

China may have to resume U.S. soybean purchases in weeks: Oil World— Reuters

“China has to resume purchases of U.S. soybeans,” Oil World said in its latest newsletter. “The South American supply shortage will make it necessary for China, in our opinion, to import 15 million tonnes of U.S. soybeans in October 2018/March 2019, even if the current trade war is not resolved.”

Brasil vai retomar conversas de alto nível com China, pode ajudar agronegócio— Extra Online
Brasil e China decidem reativar comissão bilateral— Globo
Brazil and China are relaunching the Sino-Brazilian High Level Commission (“Cosban” in Portuguese) for the end of this year.

China — LAC

China's military-run space station in Argentina is a 'black box’— Reuters

What Soybean Politics Tell Us About Argentina and China— NYT

China ya no es el inversionista minero número uno del Perú— El Comercio

China desplaza a Perú como mayor productor de pota pero pescaría en aguas nacionales— Gestión

El Senasa aprobó la exportación de tabaco desde Tucumán a China— La Gaceta

Blue Pop: arándanos chilenos se venden como snack en los cines de China— Diario Estrategia

Chilean blueberries used as a cinema snack in China— Fresh Plaza

China y México buscan consolidar vínculos en 2019— Excelsior

Más carne argentina hacia China y Rusia— El Observador

América Latina principal comprador de acero Chino en 2018— Logistica y Transporte

Prevén México y China inversión por 25mmdd para infaestructura— La Jornada

China a longo prazo— Globo

Peru: Arequipa exported 6,400 tons of grapes abroad— Fresh Plaza

Chinese-Jamaica partnership on sports bears fruits— Jamaica Observer

China's Outbound M&A In Brazil To Pick Up, Despite President's Recent Jabs— Forbes

More Panamanian pineapples for the Chinese market — Fresh Plaza  

Chancay fits China investment strategy— Port Strategy

Caribbean Urged To Tap Chinese Tourism Market— The Gleaner

Rising demand for Uruguay's premium meat in China— MENAFN

Korea — LAC

La negociación de un TLC está sobre la mesa— El Economista

Designan embajadores argentinos en Ucrania y Corea— El Intransigente

Peru: Hass avocados to arrive in S. Korea and open four more markets — Fresh Plaza 

KOTRA withdraws Venezuela office amid turmoil— The Korea Herald 

Peru: Grape shipments increased by 40%— Fresh Plaza

Japan — LAC

Como fortalecer a relação entre Japão e América Latina— Folha

Macri festejó que se vende dulce de leche de Argentina en Japón— Diagonales

India — LAC

U.S. Oil Sanctions On Venezuela Could Be An Energy Windfall For India And China— Forbes

Quinua peruana ingresaría a Colombia, China e India— Mercados y Regiones

India keen to triple exports to Argentina, eyes additional $1.5 bn trade— The Economic Times

India Keeps Oil Trade With Venezuela— Financial Tribune

India Remains One of Largest Importers of Venezuela's Oil - Source— Sputnik News

Opportunities Abound: India has to take the lead with Argentina in the Defence Sector— Financial Express

ASEAN & Oceania — LAC

Why Australian mining should expand to Peru— Best in AU

GCC — LAC

Brazil's fragrance brand eyes Saudi market— Khaleej Times

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China FDI keeps going, but will the music stop?

阅读更多关于此新闻的文章,请点击链接: 中国OFDI持续增长,但这将会维持多久?

China’s FDI in Latin America seems to be continuing unabated. Cosco Shipping announced (中国远洋海运 集团要闻 中远海运收购秘鲁钱凯码头60%股份) this week that it is moving forward with the Chancay port project. On the sidelines of Davos, the Chinese shipping conglomerate held a signing ceremony with local partner Volcan Minera where it agreed to acquire a 60% stake in Chancay for $225m (中远再拿海外码头:2.25亿美元购秘鲁钱凯码头60%股份_10%公司_澎湃新闻).

Cosco’s plans for Chancay will transform shipping and economic activity for the central coast of Peru. Cosco's plans foresee a $3b port that will become "a transportation hub for the entire South Pacific” (中资控股后,秘鲁钱凯港将被打造成南太平洋交通枢纽).

Peru isn't alone. Across the continent, China’s ambassador in Brasília is chomping at the bit to see what comes out of the new government of Jair Bolsonaro’s privatization plans. Chinese corporates are eyeing airports and railways (巴西政府拟私有化更多机场和铁路 扩大铁路建设投资), as well as Petrobras (巴西国油面临“部分”私有化).

Even with a slew of port purchases, it may not all be smooth sailing. In the past several months there have been signs that the Chinese economy is slowing, with some saying that GDP growth for 2018 was well less than the officially announced 6.6%. And 2019 portends to be no better. As a result, Chinese corporates - both private and state-owned - have begun pulling away from projects due to lack of liquidity.

Is this the sign of continued, deepening commitment from Chinese SOEs to Latin America? Or is this the last gasp before China reorients to a more internally-looking role?

Top Stories

Asahi, la cerveza más popular de Japón, apuesta a la Argentina— El Cronista

Asahi is moving into Argentina. The Japanese beer brand (which also owns Grolsh and Peroni), has opened up a subsidiary in Argentina.


Argentina concretó la primera exportación de cerezas hacia China— Clarín 

Apertura china a las cerezas: por qué tener todo listo antes de febrero— Mendoza Online 

Argentine cherries are now going to China via air.


Gruma, Metalsa y SuKarne buscan aprovechar el CPTPP— El Economista

Crea CPTPP escudo para afrontar a China— El Norte

“El Perú se integrará mejor a las cadenas globales de valor”— El Peruano

More news on TPP, with Gruma and other Mexican companies eyeing Southeast Asia.


Perú y China iniciarán en abril reuniones para optimizar TLC bilateral— Gestión

Peru and China will begin negotiating Free Trade Agreement (FTA) 2.0 in April.


Chile llega a un acuerdo con la minera de litio Albemarle— Minería en línea

Chile’s CORFO development agency has come to a deal with Albemarle for the latter to provide up to one quarter of its annual lithium production for the supply-chain value-added industry project.


China’s Mobike will rename to Meituan Bike as its parent takes the wheel— Tech Crunch

Mobile is being renamed Meituan Bike to be closer aligned to its parent company. Given the parent has no other presence in Latin America, we wonder if this will extend to the programs in Mexico and Chile.


China aceita oferta de exportador de frango do Brasil para encerrar disputa, diz agência— Globo

China e Brasil resolvem disputa comercial sobre carne de frango— Mercado

China aceita oferta de exportador de frango do Brasil para encerrar caso antidumping— Extra

End to the chicken war? China and Brazil have come to terms, and Brazil can export chicken to China again.


FMI reduz projeção de crescimento para América Latina em 2019— Valor

Trade war slowing growth in Latin America.


El canciller argentino acusó a China de apoyar a Maduro por plata— Política Argentina

Colombia espera que Rusia y China no interfieran en la transición democrática en Venezuela— El Espectador

Perú insta a Rusia y China a "reflexionar" sobre su apoyo a Maduro— T13

A Bolivarian Spring— TT Guardian

Venezuela and China: a perfect storm— Dialogo Chino 

“Todo el petróleo que China necesite Venezuela lo tiene”, dice vicepresidenta de Maduro— El Nuevo Herald

ONU: Rusia y China bloquean proyecto de EE.UU. para apoyar a Juan Guaidó— 24 Horas

As the ongoing crisis that is Venezuela enters a new phase of dueling presidents, countries in the region warn China to rethink its support for Nicolás Maduro.

China — LAC

China quer participar de programa de privatização brasileira— Agência Brasil


Soluções jurídicas para os problemas entre Brasil e China— Consultor Jurídico


La meritocracia china y la democracia argentina— Clarín


Economía al ritmo de la China y el petróleo— La República


Con China como principal destino, crecen las exportaciones de carne argentinas— Infocielo


Diplomático sostiene que Chile trabaja con China en defensa de libre comercio y globalización— América Economía 


Revolución tecnológica china vista por uruguayos— El Pais 


Importações chinesas de soja do Brasil aumentam 126%— Globo


La consolidación del "Made in China": gigante asiático anota envíos a Chile por US$ 15.436 millones en 2018— Economía y Negocios


Energías renovables ofrecen gran potencial para extensión de lazos China-Argentina— Reve


Para lidar com a China, Bolsonaro tem um instrumento nas mãos— El Pais 


México va por relación comercial con China— Multimedios Laguna


Growth From China Fuels Methanex— Seeking Alpha


Crece interés de México y Vietnam por inversión china— El Economista 


Chilean pears expected to enter China this season—  Fresh Plaza


Chinese company to build controversial fishing complex in Uruguay— CIOB


Korea — LAC

Goiás poderá ter maior usina fotovoltaica do mundo— Suno Research


Corea del Sur y Argentina estrenan acuerdo de "working holiday”— El Diario


Mérida y Corea refuerzan su relación en los ámbitos cultural y educativo— Mi Punto de Vista


Corea del Sur y México estrecharán vínculos— KBS


Japan — LAC

Colombia y Japón trabajan en el mejoramiento genético del arroz— Portafolio


Miniso, Mumuso y Yoyoso, el boom de las tiendas asiáticas en México— Expansión 


Japón invirtió u$s 10 millones en desarrollo de pymes argentinas— El Cronista 


Japão e Brasil concordam em promover o livre comércio— Portal MIE


España, EEUU, Canadá  y Japón, los países que más invierten en Chile— El Economista América

ASEAN & Oceania — LAC

Exportadores peruanos de Paltas Hass se alistan para llegar a cinco nuevos mercados— Gestión 


Australia lithium output set to soar as electric cars gather steam— Nikkei Asian Review



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