China's Surge: Trade and Investment in Latin America

April 2010

Past Event

China's Surge: Trade and Investment in Latin America

Past Event

Hudson Institute, Washington, D.C. Headquarters

April 29, 2010

April 2010

Past Event

1015 15th Street, N.W., 6th Floor
Washington, DC 20005

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Speakers:

Jaime Daremblum,

Hudson Senior Fellow and Director, Center for Latin American Studies

Jorge Guardia,

Columnist, International Economic Consultant, and former President of the Central Bank of Costa Rica

Thomas O'Donnell,

The New School, Graduate International Affairs, nuclear physicist and energy expert

Luis Rubio,

President of the Center for Research and Development (CIDAC), Mexico City,

In the most recent developments to Chinese-Latin American relations, Chinese officials held talks with their Brazilian counterparts about the prospect of China developing a $20 billion high-speed rail system in Brazil. In Venezuela, Chinese officials signed cooperation agreements covering energy, finance, electric power, and poverty eradication. China also deepened trade agreements with Chile and offered expertise on post-earthquake reconstruction.

For years, as the U.S. Congress has refused to support free trade agreements with Colombia and Panama, China has steadily deepened its commercial ties with Latin American states. It has even come to outstrip the United States as the largest trading partner for both Brazil and Chile. Is China's increasing presence in Latin America the result of short-term economic expediency or does it represent the beginnings of a new and enduring paradigm in South-South trade?

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