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LATAMAX has developed a new logistics solutions to Brazil for Chinese selles
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Shenzhen Wells Shipping Agency’s subsidiary, LATAMAX Cross-Border E-commerce Logistics (hereinafter referred to as LATAMAX ) has recently officially declared that they have developed a new logistics solutions to Brazil!
This will not only promote bilateral trade between China and Brazil by economic export growth, the contry’s strategic cooperation will also be upgraded. SHENZHEN, China (PRWEB) May 19, 2021 Pandemic is still raging, this situation leads to increasing consumer demand for daily necessities and also health-related items. Many Chinese cross-border E-commerce sellers are facing a problem that they do not have a stable international logistics agent that results in a cargo being delayed in China.
Latin America Needs New Deal With China, For The Planet s Sake A small boat sailing on a river in Ecuador - Andrés Medina
Pummeled by the pandemic, the fragile economies of Latin America are desperate to recover. But is turning to China for loans and as a market for raw materials the best long-term solution?
-Analysis-
QUITO The coronavirus pandemic has impacted humanity and all its forms of economic, social and political organization. This is not just a global health crisis, but the worst economic crisis since the Great Depression of the 1930s. And it s happening, furthermore, in one of the hottest years on record.
Modern Diplomacy
Latin American countries have no relatively good room for fiscal and monetary policy adjustment like China, and basically lack the ability for governmental countercyclical adjustment. This is mainly reflected in their room for fiscal and monetary policy.
From a fiscal viewpoint, the taxation ability of Latin American governments is generally weak. Taxation accounts for 16-18% of GDP, which is obviously lower than the 30-35% level of developed countries.
In terms of monetary policy, since the currencies of Latin American countries are directly correlated to the U.S. dollar exchange rate, the dollar fluctuation also entails the reduction of their room for monetary policy adjustment. These countries have continuously borrowed and cut interest rates. Hence there is little room for further steps.
How Latin America Can Make the Most of the US-China Competition
As a theater for great power confrontation, Latin American states can leverage influence and shape relations with both powers.
By
December 16, 2020
Panama President Juan Carlos Varela Rodríguez poses for photographers before an investment conference in Hong Kong on April 2, 2019.
Credit: AP Photo/Kin Cheung
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Their considerable economic potential and prospects for political alliances provide Latin American states with key elements that can alter the current power equilibrium. Together, through active engagement in regional multilateralism and by avoiding the trap of choosing between the United States and China, Latin American states can capitalize on these opportunities.