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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

China’s heft brews discomfort in Latin America

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November 23rd, 2015 -

MANTA, Ecuador – The long stretch of roadway snaking through the parched, rolling hills outside this sleepy Ecuadorian port city will one day wind up at the foot of one of the country’s most buzzed-about development projects: a mega-refinery that will transform Ecuador into a formidable force in the region’s oil and gas industry. When the…


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  • disgusted

    Disturbing to know how deep China has entered into countries that seem to have no means paying the 7% interest let alone the balance. Then the President Solis and his cronies have asked for over a Billion dollars from China in a ” loan”. What was the interest on that? There is approx. 4 billion in salaries, pension and bonuses each year for government workers. I Where am I wrong here? I know after asking for the money the Sharks were no long ” endangered” species. Right now there is over supply of steel and other raw materials along with oil on the world market. CR going to regret this I believe.

  • Roger K

    China has outfoxed the big country’s, the small will surely follow.
    Nixon, Kissenger and Clinton along with Bush opened our Barndoor. A price will be paid because these asses are politicians not business men.

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