LINE

    Text:AAAPrint
    Voices

    China-Latin America cooperation not to undercut U.S. interests

    1
    2015-05-17 11:14Xinhua Editor: Li Yan

    In the lead-up to a scheduled Latin America trip by Chinese Premier Li Keqiang, some alarmists from the West have once again hyped the ill-founded notion that China intends to foray into the so-called U.S. backyard.

    While there is no denying that China has stepped up efforts to uplift ties with Latin American countries since the turn of the century, the aim is to promote win-win cooperation between them, rather than undercut U.S. interests in a region which Washington traditionally deems as its sphere of influence.

    In 2014, two-way trade between China and Latin America hit 263.6 billion U.S. dollars, a 20-fold increase from the total value in 2000. China's investment in the region also surged to more than 80 billion dollars last year, according to statistics by China's Ministry of Commerce.

    The two sides are upbeat about the future of their economic cooperation, setting a goal to increase their annual trade to 500 billion dollars within a decade.

    They have pledged joint efforts not only to boost their trade volume, but also to facilitate balanced and mutually-beneficial development.

    The upcoming trip by Li, which will take him to Brazil, Colombia, Peru and Chile, is another example of Beijing's sincerity in forging closer cooperation with Latin American countries, for the tour comes only less than a year after a visit to the region by Chinese President Xi Jinping.

    The four countries Li is to visit jointly account for about 57 percent of China-Latin America trade, and it is expected that during Li's visit, the two sides will also explore potentials in industry cooperation, infrastructure and technology, aside from signing deals in such traditional fields as mining, energy and agriculture.

    As observed by many, commodities including minerals and agricultural products are the major items that China imports from Latin America.

    It is worth noting that the booming China-Latin America trade is a result of economic complementarity between the two sides, and a sober mind will by no means be deceived by the sensational claim that China is plundering resources in the region as colonial powers have done in the past.

    In an effort to give full play to their complementary economic advantages, China and Latin America will continue to diversify their trade and broaden their cooperation.

    In fact, the industrial capacity cooperation, from the Rio subway serving the Olympics to an ultra-high voltage power transmission program, from hydropower stations to railway along the Pacific and the Atlantic, has already become a new growth point of China-Latin America cooperation.

    Goods and investment from China are making everyday life a better experience in many Latin American countries. Infrastructure projects built by Chinese companies have also made the region more attractive among foreign investors.

    But unfortunately, the shared aspiration of China and Latin America to expand cooperation and further boost their relations has triggered suspicion from a handful of conspiracy-theory-believers.

    Although it still plays a dominant role in Latin America as in many other parts of the world, the United States has seen its influence waning in the region, and that is a natural outcome of Latin American countries' continued strive for independent development policies.

    Without giving due consideration to such realities and also the fact that closer cooperation between China and Latin America is a boon not solely for themselves, it is simply absurd to claim that China is primarily responsible for the falling U.S. influence in the region.

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 乌鲁木齐市| 山阳县| 水富县| 岳阳市| 百色市| 霍林郭勒市| 定安县| 于都县| 佛坪县| 乡宁县| 郴州市| 伊通| 灵石县| 新干县| 海原县| 成安县| 黑龙江省| 台州市| 肥城市| 临夏市| 泾阳县| 毕节市| 醴陵市| 屏南县| 肥城市| 长乐市| 化隆| 蒲城县| 梓潼县| 台州市| 靖远县| 赫章县| 光泽县| 白河县| 武宣县| 阿坝| 苏尼特右旗| 长武县| 吉木萨尔县| 桓台县| 梅州市|