Will Bolsonaro’s saber-rattling rattle China?

阅读更多关于此新闻的文章,请点击链接: 博尔索纳罗的武力恫吓会威胁到中国吗?

In the Americas, saber-rattling about China has become a key part of the populist political playbook. In the United States, President Donald Trump has done it; in Mexico, President-elect Andrés Manuel López Obrador (AMLO) did it. Now it’s Brazil’s turn, and the favored winner of next week’s run-off election — Jair Bolsonaro — is making similar noises

Bolsonaro says he is against utility privatization because this would “put Brazil in the hands of the Chinese.” More broadly, he is concerned about Chinese company acquisitions in recent years, quipping: “China isn’t buying from Brazil; it's buying Brazil” (“A China não está comprando do Brasil, tá comprando o Brasil”)

China has taken notice of the rhetoric, with Time Weekly asking: "'Brazil Trump' Bolsonaro: USA’s sidekick or Brazilian hero?” (“巴西特朗普”博尔索纳罗:美国小跟班还是巴西大英雄?) Bolsonaro’s favorable views on the 1964-85 military dictatorship in Brazil are also being highlighted (极右派在巴西总统大选首轮投票中胜出,曾说“就是喜欢独裁”).

The question is: what happens when (if?) Bolsonaro is elected? 

In the US, Trump has followed through on his promises with a trade war with China, implemented through tariffs, NAFTA 2.0, and threats to Latin American countries who recognize China diplomatically

AMLO, however, has moderated his rhetoric since his election. He has nominated relative pragmatists to run his foreign and economic policy. Just last week, Jesús Seade — AMLO’s point person on the NAFTA renegotiation and on the shortlist of Ambassador to China candidates — wants to pursue a “strong relationship” with China.

So will Bolsonaro mellow? Unfortunately, so far it seems unlikely. He’s threatening to blow up the Paris climate agreement, Mercosur, and even the BRICS. According to our friend Paulo Kramer, his likely choice for Foreign Ministeris Ernesto Fraga Araújo. A career diplomat, Araújo has written about how "Brazil needs to reflect and define whether to be part” of what he sees as Trump’s West. Bolsonaro has thrown in his lot with the Trumpian approach: "Just like he wants to make America great, I want to make Brazil great.” The Brazil-China relationship is about to get very bumpy.

Top Stories

Chile: Controlador de SQM impugna acuerdo de compra de minera por parte de china Tianqi— France 24

Tribunal de Chile paraliza compra china de litio chileno— San Diego Tribune 

Tribunal chileno suspende proceso de entrada de china Tianqi a propiedad de SQM— América Economía

Ponce Lerou consigue interrumpir ingreso de china Tianqi a SQM y su explotación del litio en Chile— Bio Bio

SQM controlling shareholder (and Pinochet former son-in-law) Julio Ponce Lerou got Chile’s constitutional court to step in and interrupt Tianqi’s effort to increase its stake in SQM by 24%. The court will review the deal through October 22.

瑞银:若中美贸易战进一步升级 2019年人民币或逼近7.5— Reuters

Trump trade war delivers farm boom in Brazil, gloom in Iowa— Reuters

How falling US stock markets can give China more leverage against Trump in the trade war— SCMP

Donald Trump muda rotas de navios-petroleiros em todo o mundo— Exame 

¿Qué busca EEUU contra China y cómo puede impactar en Chile?— La Tercera

Gobierno se prepara ante efectos de aranceles de Estados Unidos vs. China— El Universal Cartagena

Argentina supera a China en importación de granos de soja de EE.UU.— El Economista

News from the trade war.

China Lures Taiwan's Latin American Allies— NPR

Pence advierte a Honduras sobre vínculos con China— Diario La Prensa

Pence pide tomar distancia con China— El Economista

EU reclama a México y CA por nexos con China— El Universal

Estados Unidos reclama a Centroamérica por alianzas con China— El Dictamen

Ortiz defendió las relaciones con China en EUA— La Prensa Gráfica

La avanzada china en Centroamérica que incomoda a Washington— El País 

Taiwan in talks with Paraguay on US$150 million investment: FM— FocusTaiwan

The US gets pissy about the role in China in Central America. Meanwhile, Taiwan’s Foreign Minister Joseph Wu says they are in talks with Paraguay for a $150 million investment to shore up their bilateral diplomatic relationship.

Japón confía en que el TPP11 pueda entrar en vigor a comienzos de 2019— El Diario 

Japón espera que CPTPP quede ratificado en noviembre— El Economista

Japanese cabinet minister Toshimitsu Motegi says he thinks TPP will be ratified next month and come into effect in early 2019. 

Hong Kong levanta secreto bancario para que Banco de Chile recupere dinero del hackeo— La Tercera

Hong Kong has lifted bank secrecy on four accounts to track the $10m stolen from Bank of Chile in the hack earlier this year.

Misión comercial busca abrir Vietnam y Corea del Sur a nuevas frutas chilenas— Diario Estrategia

Chilean fruit exporters are eyeing Vietnam and South Korea.

Tencent’s Nubank investment brings Big Tech power to Brazil— iupana

Our partner Mike Derham spoke with iupana’s Katie Llanos-Small about Tencent’s Nubank investment:

“This deal allows Nubank capital to execute on its consumer loans plans,” Mike Derham, partner at specialist China-LatAm consultancy Novam Portam, told iupana. “It’ll allow it to get traction in gaining market share. But there’s also a lot of opportunity from the data flow that comes from originating those loans. So Nubank will benefit from Tencent’s know-how not just in payments, but in how to crunch data.”

China — LAC

王毅应约同墨西哥外长比德加赖通电话 — Ministry of Foreign Affairs

2018年10月15日外交部发言人陆慷主持例行记者会 — Ministry of Foreign Affairs

USMCA no afecta relaciones comerciales con China— El Dictamen

México garantiza a China solidez de vínculos bilaterales— El Nuevo Herald

México ante la disputa entre Estados Unidos y China— El Informador

Mexico says new U.S. trade deal won't block other economic relations— Reuters

Cooperación comercial México-China no se afecta por cláusula de USMCA, dicen expertos— Xinhua

Zedillo aconseja a China seguir el camino de México y mantenerse firme frente a EU— El Financiero 

Mexico’s foreign minister Luis Videgara called up his Chinese counterpart Wang Yi to tell him not to worry about NAFTA 2.0 - Mexico wants to stay friends.

Brazil's Petrobras to form refinery joint venture with China's CNPC— S&P Global Platts

Petrobras has gotten CNPC to take a 20% in the Comperj refinery in Rio de Janeiro, which has sat idle since 2015.

Revolução chinesa— Istoé Dinheiro

Brazilian remote storage start-up Alfred has teamed up with China’s Pakpobox.

La Argentina se prepara para exportar carne de cerdo a China por primera vez— Infobae

China planea comprar más soja a Argentina— Diario Castellanos

Argentina is looking to sell more soybeans and — starting next month — pork to China.

Experto alerta por expansión de tabacaleras chinas en América Latina— El Observador

Uruguayan cardiologist Eduardo Bianco warns that Chinese tobacco firms may try to expand in Latin America.

What Latin America Should Tell China About Venezuela— Bloomberg

Our friend Shannon O’Neil tell China that its not making any friends by supporting Maduro’s Venezuela.

La cara amarga del desembarco chino en América Latina— El País

China-América Latina: Amistades peligrosas— Aleteia

More details on last week’s UNHCR suit against Chinese firms.

China-México tienen comercio por 74 mil millones de pesos— Tribuna

Mexico and China are doing $3.9b worth of business, with 980 Chinese firms registered in Mexico.

Geely regresa a competir al mercado peruano después de dos años— Peru21

Auto firm Geely is getting back into Peru.

Foro Thinks Tanks y medios de Comunicación de China y Panamá— Metro Libre

‘Pensadores’ chinos y panameños coinciden en que falta conocimiento para cimentar la relación— La Prensa

China, Estados Unidos y el Canal de Panamá— La Gran Época

China ve negocio en el desarrollo de Latinoamérica— PanamaOn

China & Panama held a Think Tanks and Communication Forum this week.

Exportadores centroamericanos analizan estrategias para incentivar y mejorar comercio— News in America 

Central American export promotors are looking at China.

JAC exportará desde México a América Latina— El Economista

JAC and Giant Motors are using the Mexican automotive platform to export to the rest of Latin America.

Interesa a China participar en proyecto del Tren Maya— MSN

China podría ser aliado del gobierno de AMLO para impulsar proyectos como el Tren Maya— El Economista

China, "muy deseosa" por participar en construcción de Tren Maya— Aristegui Noticias

Afirman que China está interesado en participar en el Tren Maya— El Diario de Yucatán

AMLO’s plan for the “Tren Maya” connecting Cancun with the Yucatan could get help from Chinese firms, say Foreign Ministry staffer Wang Xiaoyuan on a trip to Mexico.

Quem é a Tencent, a ‘discreta’ gigante de tecnologia da China— Estadão 

A profile of Tencent in the wake of last week’s investment.

Grupo Hanergy da China, planeja construir uma fábrica de painéis solares no Brasil— Click Petróleo

Han Rui, head of Hanergy Brasil, says his firm wants to build a flexible solar panel factory in the country.

¿Por qué los bodegueros argentinos enfocan sus energías en China?— El Intransigente President of Wines of Argentina, Alberto Arizu, is hoping to widen the door into China.

Perú replica la iniciativa de promoción “Casa Perú” en China— Marco Trade News

Peru’s Ministry of Trade (Mincetur) will open a "Casa Perú” promotion store front in Beijing next month.

Mirex celebra diálogo sobre relaciones entre la República Dominicana y China— El Nuevo Diario

Chinos buscan traer sus empresas a RD— Periódico El Caribe

República Dominicana y China van por acuerdo aerocomercial— Forbes México

China and the Dominican Republic are getting closer and expected to sign an air deal next month when President Danilo Medina visits Beijing.

Entretelones del acuerdo nuclear con China: tecnología inusual, ingeniería financiera y fondos para obra pública— Infobae

Article critical of the Atucha III nuclear deal between Argentina and China, saying its rare technology, and that China is offering financing to make sure it doesn’t get cancelled because of budget problems, like Atucha II did.

Exportadores de Fruta de Chile: Comoditización afecta la competitividad del sector— Mundo Marítimo 

Sergio Maureira, General Secretary of the Chilean Fresh Fruit Exporters Association (ASOEX) says that commoditization in the shipping due to consolidation is hampering their efforts to provide fruit to China “just in time."

Chang Yunbo, vicepresidente regional de CCCC: "Estamos viendo todas las oportunidades para invertir en Chile”— Portal Portuario

China Communications regional head Chang Yunbo takes a closer look at Chile.

From Coolies to Patrons and Partners: The Chinese Paradigm Shift in Latin America— The Wire

Look past the headline, and it’s a good summary of the history of China-Latin America relations.

Costa Rica works hard to expand export trade with China— Fresh Plaza

Across China: When Colombian coffee meets China— Xinhua

Juan Valdez and the Ticos get ready for the China International Import Expo (CIIE).

Korea — LAC

Corea del Sur no quita el dedo del renglón por un TLC con México— El Economista 

México refrenda su acuerdo por el libre comercio con Corea del Sur— El Informador

República de Corea va por tratado de libre comercio con México en 2019— 24 Horas

Corea busca TLC con México— Vanguardia

South Korea and Mexico will push for a Free Trade Agreement next year.

Japan — LAC

Desde Tabasco, AMLO celebró que Japón está interesado en continuar invirtiendo en México— La Política Online

AMLO’s pick to be foreign minister, Marcelo Ebrard, flew to Japan to make sure the two countries will remain commercially tight.

Fabricantes alemanes y japoneses llegarían a México de la mano del USMCA— El Financiero

NAFTA 2.0 is making Japanese firms look at relocating to Mexico.

MTC firmará acuerdo con Japón para promover inversiones en transportes— El Comercio

Perú y Japón suscribirán Memorándum de Cooperación en temas de transporte— El Economista América

Peru and Japan are going to cooperate on investing in transportation.

India — LAC

印度关注智利的锂资源 — 南美新闻网 (SAO)

A write-up of the 8th India-Latin America Forum in Santiago last week, focusing on interest in lithium.

45 Indian companies participates in Expo Cihac in Mexico City— Tehelka

The Trade Promotion Council of India (TPCI) led 45 companies to the Expo Cihac construction confab in Mexico City.

ASEAN & Oceania — LAC

Singapore inks open skies deal with Peru— The Straits Times 

Looking forward to that Singapore Airlines flight direct to Puno.


Jetex Eyes U.S. Network— AIN Online

Dubai-based trip support and FBO services provider Jetex Flight Support is eyeing expansion in the Americas. "FBOs in South America are for the future,” says CEO Adel Mardini.

Subscribe to our mailing list

* indicates required