Honduras and the 'dark side' associated with FTAs with China

Economy 2024-09-30

Honduras and the 'dark side' associated with FTAs with China

The experiences of other Latin American countries that have signed FTAs with Beijing make clear that only winner exists: China. As negotiations progress, concerns in Honduras are intensifying.

Some Cubans depend on sugar water as food shortages bite

Economy 2024-09-24

Some Cubans depend on sugar water as food shortages bite

Cuba is facing its most severe economic crisis in 30 years, marked by soaring inflation. However, it's the widespread food shortages that are impacting Cubans the most.

Chile's largest steelmaker shuts down furnace amid unfair competition from China

Economy 2024-09-17

Chile's largest steelmaker shuts down furnace amid unfair competition from China

In 2023, Latin America imported a record 10 million tons of Chinese steel -- up 44% in a year. Two decades ago, the figure was just 85,000 tons.

Controversial trade ruling benefits Chinese steel, hurts Chilean industry

Economy 2024-09-12

Controversial trade ruling benefits Chinese steel, hurts Chilean industry

Subsidized Chinese steel regularly undersells domestic steel. Without decisive action by Latin American governments, this trend will continue to ravage local markets and steel industries, as seen in Chile.

Peruvian port construction advances amid growing concerns over Chinese intentions

Economy 2024-09-06

Peruvian port construction advances amid growing concerns over Chinese intentions

Peru is seeing scant discussion of the Chinese-built cranes at Chancay port, which investigations reveal are equipped with hidden communication systems that could enable espionage and disrupt supply chains.

Chinese mining giant expands its grip with new concession in Nicaragua

Economy 2024-09-03

Chinese mining giant expands its grip with new concession in Nicaragua

The Ortega regime has been notably lenient with Chinese mining firms, approving their permit applications in just three or four months, compared to the typical eight to twelve months for others.

Honduras' shrimp industry faces economic ruin after break with Taiwan

Economy 2024-08-28

Honduras' shrimp industry faces economic ruin after break with Taiwan

The decision to change diplomatic partners was 'rushed,' and the new ties with Beijing have caused 'more harm than good' to Honduras' shrimp industry.

Free trade agreement with China has left Chile vulnerable

Economy 2024-08-23

Free trade agreement with China has left Chile vulnerable

China's trade practices have heightened tensions and fueled concerns about its ability to sway the Chilean government.

Andean region plagued by Chinese state firms' operational irregularities

Economy 2024-08-21

Andean region plagued by Chinese state firms' operational irregularities

A report analyzing 147 projects by Chinese companies in the Andean region uncovered numerous shortcomings, including corruption, cost overruns and significant delays.

Growing discontent amid dollar, fuel shortages in resource-rich Bolivia

Economy 2024-07-19

Growing discontent amid dollar, fuel shortages in resource-rich Bolivia

Bolivia remains one of the poorest countries in the region, despite its vast mineral wealth, including gas and lithium reserves.