Tuesday, March 23, 2010

Funbrain.com/-plaground

SPAIN: Felipe González warns of China's growing influence in Latin America.

Former English prime minister Felipe Gonzalez and economic policy experts drew attention to the growing influence of China in Latin America, a relationship that, in his view, can rebalance the international forces in a conference organized by the Centre King Juan Carlos I of Spain at the University of New York and the Foundation Euroamérica.

"China and Latin America behave completely differently than it does in Africa and makes decisions of a political-strategic, not just economically," said Gonzalez As an example, I quote that "the Chinese know that in Latin America have to seek local partners to undertake their investments, contrary to what they do in Africa. "

Professor of Politics and Economics at the University of New York David Denoon coincided with Gonzalez and said that in 2004 China began a career investment in Latin America that already accounts for 30% de sus inversiones en el exterior. "Aunque EEUU y la Unión Europea mantienen mucha más relación con América Latina, la de China crece muy rápido y está reequilibrando la balanza", argumentó Denoon, quien destacó que el gigante asiático ha acompañado sus inversiones de un gran esfuerzo de influencia.

Reconoció sentirse "impresionando por los múltiples acuerdos comerciales firmados en sólo cinco años", así como por "los tres centros de inteligencia abiertos en Cuba o los pactos con Venezuela sobre hidrocarburos, armas e industrial aeroespacial".

También destacó Denoon los "enormes esfuerzos para erradicar a Taiwán del panorama internacional", since there are only 12 of the 16 countries of the world recognize the sovereignty of that territory.

In his view, America should also strengthen ties with China, among other reasons because it is a very important potential buyer for raw materials and provides an alternative to influence U.S. policy.

Professor Emeritus of Politics, University of New York Christopher Mitchell also agreed that China's influence increases "a made huge marches" in the region and warned that both will face the problems of social inequality, although in America America "will give the most serious in the world."

Regarding the rest of the world's relationship with Latin America, Felipe Gonzalez recalled that GDP per capita is 2.5 times higher than China and, therefore, have much more purchasing power, something that the U.S. "has a travel infinitely greater trade relations "with the neighboring region with China.

"These data are taken into account, among other reasons because there are other streams of force that are changing the world, including China exercising," he added. That country, Gonzalez said "a demographic power, military, economic and savings capacity, so it must be taken into account when designing a new model of financial system to avoid another crisis like the present. "

In his view, currently there are no proposals on this new model," unless you want to consider some alternatives that we see emerge regressive utopias the world, as the XXI century socialism that we are from Venezuela. "

regard to the economic crisis, said," may sound dramatic, but we face one of the last opportunities to reform the financial system to try to save "and regretted the continued belief that" the invisible hand of the market can regulate itself, despite the brutal demonstration has led to massive intervention by governments affected. "

In his view," is brewing and the next crisis "and whether the EU and the U.S. do not pass the" moralizing rhetoric of no interest to anyone "and offer a reform" with elements of global governance and a framework regulatory, "the next crisis will be a system crisis."

Source: Latin American Information and Analysis.
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