Business talks during the Latin America China Investors Forum.

Director-General:Director-General: Yin Yin

HengminHengmin

Responsibilities of the Department:

1. Maintain knowledge of Latin American countries

2. Expand diplomatic and political contacts

3. Formulate China’s Latin American Policy

4. Assist in Chinese intelligence gathering throughout Latin America.

Deputy Director-Generals: Liu Yuqin (female), Zhao

Rongxian

China: ultimate winner from expansion of Panama Canal

China is now Brazil’s China is now Brazil’s second largest trade second largest trade partnerpartner

Brazil wants to ally Brazil wants to ally with Argentina to with Argentina to form a stronger trade form a stronger trade forceforce Many don’t want this Many don’t want this

because of the potential because of the potential powerpower

Brazil previously traded mainly with United StatesBrazil previously traded mainly with United States Free Trade Area of the Americas concernFree Trade Area of the Americas concern

United States too expensiveUnited States too expensive

Signed agreement to increase cooperation in:Signed agreement to increase cooperation in: Technology, agribusiness, construction, civil engineering, natural Technology, agribusiness, construction, civil engineering, natural

resources, and natural resources developmentresources, and natural resources development

Diplomatic Relations Diplomatic Relations established in 1975established in 1975

Republic of China Republic of China maintained trade office maintained trade office in Caracas throughout in Caracas throughout the 1990’sthe 1990’s

Regime of Hugo ChavezRegime of Hugo Chavez Chinese power to Chinese power to

counterbalance USA in counterbalance USA in Latin AmericaLatin America

Supports Chinese drive to Supports Chinese drive to reduce U.S. influence in reduce U.S. influence in Western Pacific Western Pacific

Supported China entrance Supported China entrance into World Trade into World Trade Organization Organization

What China wants What China wants China builds in Venezuela

Engineering projectsEngineering projects

Raw materialsRaw materials PetroleumPetroleum Bauxite Bauxite UraniumUranium

Market for industrial Market for industrial products products

Education:Education: Attempted student exchanges:Attempted student exchanges:

Since 1976 China has sent 4 studentsSince 1976 China has sent 4 students Venezuela has sent 27 students to China♦Venezuela has sent 27 students to China♦

Has one of the largest concentrations of Has one of the largest concentrations of ethnic Chinese in Latin America`ethnic Chinese in Latin America` Speak Cantonese Chinese`Speak Cantonese Chinese`

Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with Marino Murillo Jorge, vice president of Cuba's Council of Ministers, during a meeting in Beijing, capital of China, Feb. 22, 2012. (Xinhua/Ju Peng)

Trade Trade China drills for petroleum off Cuban coast (near Florida)

China is Cuba’s third China is Cuba’s third largest trade partnerlargest trade partner

China exports to China exports to Cuba:Cuba:$236 million$236 million

Cuba exports to ChinaCuba exports to China$121 million$121 million

Television setsTelevision sets

Bicycle-making Bicycle-making machinerymachinery

Telephone Telephone terminalsterminals

Military relatedMilitary related

Sino-Cuban signals Sino-Cuban signals intelligenceintelligence

Electronic warfare Electronic warfare facilities…facilities…for what?for what?

China monitors U.S. telephone China monitors U.S. telephone communications and internet activity communications and internet activity

from a base twenty miles south of from a base twenty miles south of Havana Havana

Economic presence second only to USA Potential backlash??