Latin America’s Tango with China

Posted on September 25, 2017 • Filed under: Business, China, Economy, Latin America News

INTERMEDIATE / ADVANCED SPANISH VOCABULARY – READ THE BOOK – Simeon Tege – lWhen Peru’s President Pedro Pablo Kuczynski welcomed his Bolivian counterpart Evo Morales for a bilateral summit in Lima earlier this month, a long-mooted interoceanic train was on the agenda once again.

The idea is for the railway to run more than 2,000 miles from Brazil’s Atlantic coast, potentially cutting through the Amazon and over the Andes, to one of Peru’s Pacific ports. The megaproject would be a massive feat of engineering, comparable in scope and geostrategic purpose to the Panama Canal.

It would help integrate South America but, above all, slash the time and cost of sending raw materials to China and, in return, importing manufactured goods from the Asian giant. Read Article

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email