www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China, LatAm need to expand cooperation far beyond trading commodities

(Xinhua) Updated: 2015-10-14 15:20

LIMA - Cooperation between China and Latin America, which traditionally relied on trading commodities, has to explore new areas amid the fall in the price of commodities.

In its latest World Economic Outlook report, the International Monetary Fund (IMF) identified the end of the commodities supercycle as one of the major economic threats currently facing the world.

Many emerging economies, which rely heavily on exports of raw materials, are clearly suffering. For example, raw and intermediate products make up 62 percent of Brazil's total exports; countries such as Chile and Peru have similar trade breakdowns. It is no wonder that the fall in the price of oil, iron, copper and other minerals has left them uncertain about how to rebalance their foreign trade.

Against this backdrop, China and Latin America are facing an opportunity to upgrade their ties through cooperation in production capacity in new fields, such as logistics infrastructure, energy and information.

Chinese Premier Li Keqiang proposed a "3x3" model for China-Latin America production capacity cooperation during his visit to Brazil in May -- the first "3" refers to cooperation in building three arteries for Latin America in the fields of logistics, power and information; the second "3" refers to sound interaction among businesses, society and the government; the third "3" refers to the expansion of the three financing channels of funds, credit and insurance.

The idea of the "3x3" model, if followed through, would allow bilateral cooperation between China and Latin America to be far more resilient than simple trade ties.

Trade is vital and will keep growing, but infrastructure is fundamental to economic growth. During the World Bank (WB)'s annual meetings in Lima from Oct. 9 to 11, WB President Jim Yong Kim hammered home the fact that carbon-smart infrastructure, such as roads, airports, and telecommunications, are vital to the future of emerging economies.

Many of the suggestions that make up the "3x3" model are already being implemented.

In July, China's State Grid won the right to build a second power transmission line, stretching 2,250 km from Brazil's giant Belo Monte hydropower plant in the northern state of Para to southeastern Rio de Janeiro.

China Gezhouba Group Corporation, a Chinese construction and engineering company known for building the country's Three Gorges Dam, is currently heavily involved in the construction of two large dams in southern Argentina.

In May, Premier Li signed a memorandum of understanding with Brazil and Peru to build a trans-oceanic railway stretching across South America, from the Pacific to the Atlantic.

In areas such as energy, mining and infrastructure, joint ventures are becoming increasingly common for bilateral cooperation.

China Minmetals Corporation has had a joint venture with Codelco, a Chilean state-owned copper mining company, since 2006.

In 2013, a consortium of companies, including Brazil's Petrobras, China National Petroleum Corporation, China National Offshore Oil Corporation, Total and Shell, won a 35-year production sharing contract to develop Libra oil field in Santos Basin off Brazil's southeastern coast.

Regarding financing channels, Chinese financial services are already playing an important role in Brazil's energy industry by providing billions of U.S. dollars in loans and investments.

On Sept. 1, the People's Bank of China created a $10 billion fund for investment in Latin American countries, particularly in manufacturing, agriculture, energy and mining.

All in all, the model suggested by Premier Li will not require a change in countries' economic, trade or foreign exchange regulations. It simply provides the natural next step for China and Latin America to deepen their cooperation.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: a毛片基地免费全部香蕉 | 一区二区三区中文国产亚洲 | 天天躁夜夜躁狠狠躁2024 | 欧美日韩一区二区三区视视频 | 亚洲无总热门 | 国产精品免费一级在线观看 | 国产成人精品一区二三区2022 | 精品视频在线看 | 欧美国产成人精品一区二区三区 | 亚洲午夜a | 男性吸女下身的视频 | 7799国产精品久久久久99 | 99精品视频在线观看 | 欧美真人视频一级毛片 | 一级片在线观看视频 | 美国一级毛片∞ | 日韩欧美综合在线二区三区 | 美国一级毛片∞ | a毛片免费全部播放完整成 a毛片免费全部在线播放毛 | 国产伦久视频免费观看视频 | 男人添女人下面免费毛片 | 欧美日韩免费播放一区二区 | 亚洲精品一区二区久久这里 | 女人张开腿等男人桶免费视频 | 欧美性巨大欧美 | 精品久久影院 | 一级爱做片免费观看久久 | www.91香蕉视频 | 亚洲专区欧美专区 | 久久日本精品一区二区免费 | aaa毛片手机在线现看 | 美国一级毛片∞ | 日韩一级特黄毛片在线看 | 亚洲欧洲日本天天堂在线观看 | 日韩中文字幕免费 | 国产成年网站v片在线观看 国产成人aa在线视频 | 成人免费在线视频网 | 成人18网址在线观看 | 日本精品一区二区三区在线视频 | 欧美丝袜自拍 | 免费亚洲网站 |