Courtesy of Latinometrics, a look at Latin American’s significant investment in Chinese solar panels: In the last six years, Latin America has imported $26B — or almost twice the GDP of Nicaragua — worth of solar panels from China, the world’s leader in producing and selling them.
Read more »Via Dialogo Chino, a report on Petrobras, Brazil’s state oil firm, which has signed deals with Chinese companies on clean energy and oil exploration: As the COP28 climate conference opens in Dubai next week, Brazil will be presenting a contradiction to the world: while promising to accelerate its energy transition, the country continues to invest massively in oil. One […]
Read more »Via Caixin Global, a look at deepening China-Latin America ties: Twenty-five kilometers north of Monterrey, Mexico, is a cluster of Chinese-owned factories producing everything from auto parts and mechanical equipment to electronics and furniture. The site, Hofusan Industrial Park, has seen some 30 Chinese firms set up shop in the past four years. But Hofusan […]
Read more »Via Dialogo Chino, an article on the billions in foreign investment which is boosting a growing electric vehicle market in Brazil, one of Latin America’s main car-making hubs: Record sales of electric and hybrid vehicles, and a wave of billion-dollar Chinese investments could mark a turning point in Brazil’s automotive industry, and influence its South […]
Read more »Via Geopolitical Monitor, commentary that the BRICS are not a strategic threat to the U.S.: Two weeks ago, the BRICS announced that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will join the “alliance” in 2024. Despite widespread enthusiasm in anti-Western circles, the soon-to-be 11-member economic bloc is a partnership of convenience. […]
Read more »Via Modern Diplomacy, analysis of the BRICS’ Middle East expansion: BRICS’ expansion into the Middle East operates as a combination of regional and global dynamics. The expansion is not just a passive presence but rather an active and interactive process that impacts both regional and global contexts. BRICS has entered the Middle East with the […]
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