China pursues global economic integration in Latin America

By Tim Collard
0 Comment(s)Print E-mail China.org.cn, November 17, 2016
Adjust font size:

China's emergence as a major world economic power has involved an extension of reach covering even the most distant regions of the world. Obviously, China's closest economic links are within her own Asia-Pacific region; but, although South America lies at the diametrically opposite end of the world from China, the region has always been - and remains - of interest, and appears regularly in the travel plans of China's leaders.

This week President Xi will embark on a three-nation Latin American tour, visiting Ecuador, Peru and Chile. It is typical of China's thorough approach to building a comprehensive network of strategic partnerships that President Xi is not focusing only on the major players in the region, such as Brazil and Argentina - although those relationships remain extremely important - but on the smaller countries as well, particularly those near South America's Pacific coast. It will be Xi's third trip to the region as President.

Ecuador, which has never before been visited by a Chinese head of state, established a strategic partnership with China last year. China is now Ecuador's third largest trading partner, with 19 percent of Ecuadorian imports coming from China. But that is only a small part of the picture, with China chiefly being looked to as a source of direct investment. The principal sectors of interest for Chinese investment are energy, power generation and mining. As well as examining the practical scope of further cooperation in these key areas, new agreements will be signed in the areas of production capacity, trade, finance, legal affairs and culture.

Mining also plays a major role in China's long-standing relations with Peru. Peru is home to the largest concentration of ethnic Chinese on the continent, with up to 10 percent of Peruvians claiming, at least partly, Chinese descent. And, as soon as the Peruvian government opened up the mining industry to outside investors some 25 years ago, Chinese mining companies were among the first on the scene. A free trade agreement (FTA) was signed between the two nations in 2009, and practical cooperation has grown steadily since.

While in Lima, the Chinese President will also attend an informal APEC leaders meeting. This will mark the 25th year of China's participation in this organization, which is highly valued by China as an important element in the network of multilateral fora. Vice Foreign Minister Li Baodong said that this meeting will focus on promoting openness and inclusiveness as well as on the infrastructural requirements that enable developing countries to play a full role in regional trade relations.

For the third stage of his tour, President Xi will visit Chile. As with Peru, China is already Chile's largest trading partner, and the two countries also have a long-standing free trade agreement which will be reviewed and upgraded where necessary. As well as straightforward economic and commercial issues, Xi will deal also with cultural matters; he will address a summit meeting of leading figures from the Chinese and Latin American media.

South America may appear far away from China's most prominent global initiative, the Belt and Road project; but in fact this initiative shows how the concept can be extended and replicated all over the world. APEC cooperation already provides a structure for trade over a very widespread region: though China and the countries President Xi will be visiting are all Pacific Rim nations, they are separated by some 15,000 kilometers. The key is a stable trading and financial infrastructure, and this has become something of a Chinese specialty over the last few decades.

Consistently maintained, China's program of global outreach will bring about a more comprehensively networked world, with no region left behind. History has shown that if countries and regions are left behind in the march of the global economy, dangerous instabilities can result. China's current diplomatic outreach program is thus a vital guarantor not only of global prosperity, but also of global security.

Tim Collard is a columnist with China.org.cn. For more information please visit:

http://www.ccgp-fushun.com/opinion/timcollard.htm

Opinion articles reflect the views of their authors, not necessarily those of China.org.cn.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 大香网伊人久久综合网2020| 最近免费观看高清韩国日本大全 | 99色在线观看| 美女脱精光给男生摸| 国产麻豆精品精东影业av网站| 久久婷婷人人澡人人喊人人爽| 欧美性69式xxxx护士| 亚洲网站免费看| 雪花飘在线电影观看韩国| 国产精品一区二区电影| 91精品国产高清久久久久久91| 日本漫画口工全彩内番漫画丝袜 | 国产精品视频视频久久| 99视频有精品| 女同学下面粉嫩又紧多水| 中国乱子伦xxxx| 无翼乌全彩本子lovelive摄影| 久久精品亚洲视频| 机机对机机120分免费无遮挡| 亚洲日本视频在线观看| 激情内射人妻1区2区3区| 免费观看黄网站| 精品欧美成人高清在线观看 | 狼人久久尹人香蕉尹人| 免费萌白酱国产一区二区三区| 老司机午夜电影| 国产一级大片在线观看| 青青草国产成人久久91网| 国产强被迫伦姧在线观看无码| 国产三级在线视频播放线| 国产清纯白嫩初高生在线观看| 香蕉视频一区二区| 成人欧美一区二区三区的电影| 亚洲国产成人va在线观看网址| 永久免费无码网站在线观看个 | 香蕉污视频在线观看| 国产精品成久久久久三级| 2022韩国最新三级伦理在线观看| 国产精品视频免费一区二区三区 | 福利视频免费看| 国产精品久久久久久搜索|