China’s courting of Latin America and the Caribbean – signaled anew this week by a visit by its president – is prodding the United States to step up its outreach to the rapidly emerging economies, which are showing greater global clout....McClatchy Newspapers
China has eclipsed the United States as Brazil and Chile’s largest trading partner, purchasing soybeans, iron ore and oil to fuel its rapidly expanding economy. Latin American exports to China accounted for just $5 billion in 2000; by 2012, they topped $104 billion....
China has eclipsed the United States as Brazil and Chile’s largest trading partner, purchasing soybeans, iron ore and oil to fuel its rapidly expanding economy. Latin American exports to China accounted for just $5 billion in 2000; by 2012, they topped $104 billion....
“The honeymoon is over and it’s a good time for us to reassert a presence, but we have to come up with something a little more creative without the U.S. having deep pockets,” Gallagher said. China, by contrast, has built sports stadiums in the region and is rumored to be interested in building an industrial park in Costa Rica.
China’s moves in Western Hemisphere have U.S. stepping up its game
Lesley Clark | McClatchy Washington Bureau
Miami Herald reporter Jacqueline Charles contributed to this report from Miami
China offers to build the third world infrastructure/industry in exchange for their resources. offering a nationalist style imperialism.
ReplyDeleteThe U.S. offers IMF structural adjustments. Support of right wing juntas. enriching a small ruling class to implement local austerity. Keeping countries in dollar denominated debt, so they must compete to export to U.S. Offering a British colonial dependence style of imperialism.
It's obvious which is better for the world in general.The U.S. imperial system is rapidly being replaced by china's . The U.S. can either adapt and compete in a development system or war with china. Unfortunately the U.S. ruling class would rather war.
Yeah I'm working in North Africa right now and really can see what miller B is describing regarding western imperialism (not only US, even if mainly) vs. Asian imperialism.
ReplyDeleteAbout time there were some competing models and the exorbitant american privileges start to disappear.
"About time there were some competing models and the exorbitant american privileges start to disappear:"
ReplyDeleteWar.