Source: Voice of Germany

With the holding of the 13th China-Panama Entrepreneurs Summit, the Beijing government is further consolidating its position in the Latin America.Latin Americans also learned to use this opportunity.

The Quot; Economic Summit Quot; Start in 2007.The 2019 annual summit has just ended in Panama.China hopes to promote economic cooperation with Latin America and Caribbean countries through this way of mixing this expo and summit.The previous dozen summits were held in Chile, Colombia, Peru, Costa Rica, Mexico or Uruguay, which proved China's strong interest in Latin America.

Not long ago, the President Nayib Bukele, the president of the important international head of state, was considered a warm reception in Beijing.The Beijing side also promised to support the infrastructure construction of Salvador for free, which made President Nabele very happy.During his visit to China, he said that his country will be ... chairman's gift quot; to build a new football field, a new national library and a water purification plant Quot;

How much is China's interest in Latin America?

Washington Think Tank QUOT; American and Latin America, the American and Latin America, said: Quot; China and almost all countries in the region have good trade#8203;#8203;It's nothing new.However, China, especially those countries that export raw materials to China, have a close relationship, such as Chile, Ecuador, Peru, Brazil, and Argentina.quot;

China ’s activities in infrastructure projects in Latin America and the Caribbean region are becoming more and more extensive.According to the observation of the think tank, Washington Think Tank QUOT; America's dialogue QUOT; to date, so far, Chinese company and bank Quot;Contract quot;.

In recent years, trade between China and Latin American countries has changed.Miye said: In order to improve infrastructure, Latin American countries have switched from purchasing Chinese plastic toys to purchasing railways, bus, telecommunications networks, and high -tech used for seaports.Quot; China has promoted the comprehensive development of roads, railways and waterways through its QUOT; Silk Road initiative.

Melz said, but China's views on Latin America also changed.He said: Quot; In the past three years, China has not only regarded these countries as regional trading partners, but also regarded it as part of the global economic plan.Because Beijing has a comprehensive understanding of these countries, it has further catered to the interests and needs of these countries.quot;

This situation of course worried Washington.American analyst Melz believes that the reason why Latin American countries take some balanced actions is because they want to maintain a good relationship with the United States and China.In some cases, Latin American countries can even benefit through the Sino -US trade dispute.Melz said: QUOT; although the two parties have impact on the currency of some countries on the currency of some countries, they have benefited from countries such as Mexico because some companies migrate to Mexico because they are worried that the two parties will migrate to Mexico.quot;

Beijing Sprinkle money

Since 2005, banks in China have provided more than $ 141 billion of loans to countries and state -owned companies in Latin America and the Caribbean region.The question is: What are the concessions to these cheap loans?Whether the Latin American countries will fall into the Quot; debt trap Quot;?

Asia and Latin America experts Mels emphasized: Quot; in the past three years, China has almost no large loan to the region.Quot; he did not find signs of quot; debt trap.And QUOT; all countries that have received loans from China, such as Ecuador, Argentina, Brazil, and Venezuela, are serious problems in them.quot;

Even Venezuela does not seem to lose the danger of control.Although the Beijing government has provided about $ 67 billion in loans to the Chavez and Madro regime since 2007, Venezuela is now QUOT; only QUOT; owing Chinese loans for $ 20 billion, and compensation with crude oil.

However, it is necessary to sell its own oil to China to repay debt's compulsive clauses.Kevin Koenig, Observed by Environmental Organization, said in an interview with Broadcasting Corporation: QUOT; In order to increase oil mining and repay China's $ 14 billion in debt, Ecuador withdrew from OPEC.quot;

Melz said: Quot; I'm not sure if Beijing dispatched consultants in Kiddo to mobilize President Meroault to leave OPEC.Quot; In the end, each country decides how to fulfill its obligations.To be sure, QUOT; Latin America economies are increasingly dependent on trade with China.