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Investing in the Pan Amazon: How China's investment operates - Vimarsana News

Investing in the Pan Amazon: How China's investment operates

The increasing presence of Chinese companies in South America has become an issue of concern among social and political analysts. Security specialists argue they are a geopolitical threat to the interests of the United States and other Western nations, while supporting authoritarian governments that undermine democratic traditions. Environmental advocates attest that companies from China are […]

US Must Provide Alternative to Rising Chinese Influence in Latin America: Lawmakers - Vimarsana News

US Must Provide Alternative to Rising Chinese Influence in Latin America: Lawmakers

The Chinese Communist Party (CCP) is expanding its footprint in Latin America, using economic enticements, propaganda, and infrastructure projects ...

Ecuador power company discovers more problems at Chinese-built plant - Vimarsana News

Ecuador power company discovers more problems at Chinese-built plant

Ecuador power company discovers more problems at Chinese-built plant Ecuador's power company CELEC has found new problems at its Coca Codo Sinclair hydroelectric plant that threaten water flow and electricity generation, the company's chief executive said, the latest issue at the facility built by China's Sinohydro Corp. The findings come after CELEC in May requested arbitration through the International Chamber of Commerce to settle a dispute over cracks in the 1,500-megawatt plant's machinery that have prevented it from operating at full capacity since it was completed in 2016, after $2.2...

China's Bid to Dominate Electrical Connectivity in Latin America - Vimarsana News

China's Bid to Dominate Electrical Connectivity in Latin America

Publication: China Brief Volume: 21 Issue: 10 May 21, 2021 01:08 PM Age: 12 hours Brazil’s then-Minister of Mines and Energy Fernando Coelho Filho spoke at a groundbreaking ceremony for the Belo Monte-Rio de Janeiro UHV DC transmission line project on September 28, 2017, to be constructed and operated by the China State Grid subsidiary Xingu Rio Transmissora de Energia. (Source: Sohu). Introduction On March 31, Chilean regulators unconditionally approved the $3 billion sale of Chile’s Compañía General de Electricidad (CGE) to the Chinese state-owned electric utility company State Grid (...