Tag: Argentina

In Global Slowdown, China Holds Sway Over Countries’ Fates

Chin@Strategy

BEIJING — When Suriname couldn’t make its debt payments, a Chinese state bank seized the money from one of the South American country’s accounts. As Pakistan has struggled to cope with a devastating flood that has inundated a third of the country, its loan repayments to China have been rising fast. When Kenyans and Angolans went to the polls in presidential elections in August, the countries’ Chinese loans, and how to repay them, were a hot-button political issue. Across much of the developing world, China finds itself in an uncomfortable…

China’s Fishing Operations Raise Alarms Worldwide

Chin@Strategy

South America Circles show Chinese fishingin 2020 and 2021. Pacific Ocean GalápagosIslands Atlantic Ocean Rich and ecologically diverse, the waters around the Galápagos Islands have attracted local fishermen for centuries. Now, these waters face a much larger, more rapacious hunter: China. Chinese fishing in ⬤ 2020 and ⬤ 2021. The Galápagos are part of Ecuador. And yet each year growing numbers of Chinese commercial ships, thousands of miles from home, fish here, at times right on the edge of Ecuador’s  exclusive economic zone. The Chinese ships since 2016 have operated off…