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Keyword: chinaexpansion

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  • A New Chinese Megaport in South America Is Rattling the U.S.

    06/12/2024 10:39:14 PM PDT · by blueplum · 24 replies
    Wall Street Journal via msn ^ | 12 Jun 2024 | Ryan Dubé, James T. Areddy
    CHANCAY, Peru—In this serene town on South America’s Pacific coast, China is building a megaport that could challenge U.S. influence in a resource-rich region that Washington has long considered its backyard.... ...The U.S. worries that China’s control over what could become South America’s first true global commercial hub will allow Beijing to further strengthen its grip over the region’s resources, deepen its influence among America’s closest neighbors and eventually plant its military nearby.... Peru’s Foreign Minister Javier González-Olaechea said...“The United States is present almost everywhere in the world with a lot of initiatives, but not so much in Latin America,”...
  • Vietnam scraps South China Sea oil drilling project under pressure from Beijing: BBC

    03/22/2018 11:01:28 PM PDT · by blueplum · 14 replies
    Reuters ^ | 22 Mar 2018 | Staff
    HANOI (Reuters) - Vietnam’s state oil firm PetroVietnam has ordered Spanish energy firm Repsol to suspend its “Red Emperor” project off the country’s southeastern coast following pressure from China, the BBC reported on Friday. {snip} The block lies near the U-shaped “nine-dash line” that marks the vast area that China claims in the sea and overlaps what it says are its own oil concessions. The field can produce 25,000-30,000 barrels of oil and 60 million cubic meters of gas a day, Vietnamese news provider Cafef.vn reported last month. Repsol spent around 33 million euros ($41 million) on exploration in Vietnam...
  • Be wary of China

    11/22/2003 9:47:26 PM PST · by Jean S · 39 replies · 1,402+ views
    Pittsburgh Tribune-Revuew ^ | 11/23/03 | Dateline D.C.
    <p>WASHINGTON: Too many of us forget that the Chinese have an educational system that rivals that found in many American cities. They are incredibly inventive and work for what we would consider criminally low wages. As for safety standards, environmental conditions and, particularly, pollution controls, these are honored more at international conferences than in any real world efforts.</p>