With the focus on Argentina, China makes a statement in Panama
Everyone will be closely watching this weekend’s G20 Summit in Buenos Aires — except for the porteños, who have all gotten out of town. Argentina's capital city will be the site of numerous high-stakes discussions: on whether Russia went too far in the Sea of Asov; how to deal with MBS in the wake of the Jamal Khashoggi murder; how the US and Mexico will move forward with NAFTA 2.0 agreement signed and the transition from EPN to AMLO; and of course, what Presidents Xi and Trump have for dinner on Saturday night.
While adding some last second confusion to an already chaotic weekend, the White House has been encouraging the optimists that China and the US are close to a trade deal. An understanding between the world’s two largest economies would be good not just for them, but for the world as a whole. Unfortunately, an agreement between the two countries will more likely be a paper tiger — à la Trump’s agreement with North Korea — then a substantive settlement. A substantive trade agreement would be decided and announced (or leaked) beforehand, as was done with NAFTA 2.0, and not settled mano-a-mano, no matter what President Trump thinks.
With that said, the weekend’s biggest meeting might not take place not in Buenos Aires, but in Panama.
On his way home from Buenos Aires, President Xi will stop in Panama to meet with President Juan Carlos Varela. Such a trip had been hinted at for months, and sherpas on both sides had been working towards a set of deliverables for the meeting, including a Free Trade Agreement (FTA) between the two countries. However, a pointed message sent by US Secretary of State Mike Pompeo seems to have kept the Panamanians from agreeing to terms.
So without an FTA, what is Xi’s deliverable for the trip? Clearly, this is meant to be a direct message to the current US administration. However, upon closer look, one might argue that the US may not be the only intended recipient. While China's profile across Latin America continues to rise, the number of easily identifiable allies among the leaders of the region’s major economies has shrunk. China, as much as the US, may be in need of a win in Latin American this weekend.
Is Xiaomi hinting it’s coming back to the Latin American retail market?
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Chile kicks off the new growing season with hopes of a 17% increase on the $18b exported this year.
Yutong Bus’ 100 vehicles for Transantiago are set to head to Chile.
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México, China y los desacuerdos con Trump: inestabilidad económica — Diario de Morelos
La preocupación de Trump por la influencia china — Yahoo Noticias
Brasil no meio da guerra fria entre EUA e China pelo monopólio da espionagem — Diario do Centro do Mundo
More trade war.
China focuses on the end, West on means — Global Times
Interesting spin — is focusing on regulations decadent and Western?
El vino argentino, con la mira puesta en China — El Cronista
China: Malbec, ahoy.
Brazilian pork exporters are recovering from being blocked from the Russian market by turning to Japan and South Korea.
China will expand in Brazil despite Bolsonaro rhetoric: analyst » Kallanish Energy News — Kallanish Energy News
Is Vice President-elect Hamilton Mourão of Brazil trying to temper the noise that Jair Bolsonaro made on the campaign trail?
Honduran shoe manufacturers ask for tariffs against Chinese imports.
Exportaciones de México hacia China crecerán 100% en los próximos 5 años — Heraldo de México
Mexican businesses expect to double exports to China in the next five years.
Russia is jealous that Venezuela is keeping up with its payments to China.
DR fixes Chinese financing — Latin Finance
The Dominican Republic lands a $600m loan from China Exim to finance power transmission projects.
How to Respond to Chinese Investment in Latin America — Foreign Policy
Max Nathanson argues there is a role for other investors in Latin America to complement what Chinese investors have been doing, to help mitigate some of the “enormous social, political, economic, and environmental consequences” of that infrastructure investment.
China — LAC
Guangzhou y Panamá son testigos de un futuro promisorio de cooperación beneficiosa para ambas partes, a medida que la Iniciativa del Cinturón y Ruta de la Seda se profundiza en América Latina y el Caribe — PR Newswire
China fortalecerá inversiones en Colombia — Kien y Ke
Argentina exports first-ever blueberries to China — Fresh Fruit Portal
China pode autorizar importação de carnes de até 78 unidades do Brasil — Portos e Navios
La china Legend planta a Iberconsa y se va a Chile con 800 millones — La Voz de Galicia
Presidente del Congreso recibe visita de altas autoridades chinas — Agencia Andina
Zona Franca Bogotá pone la mira en China — Valora Analitik
Chinese manufacturers looking to locate on Texas-Mexico border — Rio Grande Guardian
Chilean Avocados Proving Increasingly Popular in China — Produce Report
Korea — LAC
S. Korean foreign minister heads to Panama, Mexico — Yonhap News Agency
Korean president heads to Argentina for G-20 summit — Korea Herald
Japan — LAC
Yucatán, ya figura en el radar de inversionistas japoneses — Reporteros Hoy
ASEAN & Oceania — LAC
Singapore opens market for Mexican beef, pork — Vietnam Plus
Shipments headed to Latin America continue uptick — Bangkok Post
GCC — LAC
DP World funds port terminal in Ecuador — Latin Finance
Dubai eyes Caribbean, LatAm markets — Khaleej Times