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China-Latin America investment cooperation brims with new vitality

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By Li Jiabao

Following the reconstruction efforts post-earthquake, Eloy Alfaro International Airport in the Ecuadorian city of Manta has been successfully restored to operational capacity, reconnecting Manta with the world.

In Mexico, the section 2A of the Mexico City Metro Line 1 has been renovated, promising locals a more comfortable, intelligent, and convenient transit experience.

In Antigua and Barbuda, the newly expanded St. John’s Harbor is poised to bolster the country’s ambitions of emerging as a key regional shipping hub.

These transformative infrastructure projects, supported by Chinese investment, are commonly seen in Latin American countries.

Driven by the Belt and Road Initiative (BRI), investment cooperation between China and Latin America is flourishing across various sectors. Latin America is the second-largest destination for Chinese overseas investment, while China is Latin America’s third-largest source of foreign investment.

Infrastructure is a focal point in China-Latin America investment cooperation. According to incomplete statistics, as of September 2023, China had undertaken over 200 infrastructure projects in Latin America and the Caribbean, building thousands of kilometers of roads, railways, and light rail; more than 100 schools, hospitals, and sports venues; nearly 100 bridges and tunnels; dozens of airports and ports; and over 30 power stations and energy facilities, creating close to a million jobs in the region.

In recent years, China-Latin America investment cooperation has been upgraded in quality, with new highlights emerging in sectors such as green energy, digital economy, aerospace, artificial intelligence, and cross-border e-commerce.

Chinese companies are rapidly increasing their green investments in Latin America. According to a report by the Brazilian government-led research organization Institute of Applied Economic Research, between 2019 and 2022, the photovoltaic power capacity invested by Chinese companies in Latin America quadrupled, rising from 363 MW to 1.4 GW. Similarly, the wind power generation capacity funded by Chinese firms doubled, increasing from 1.6 GW to 3.2 GW.

Chinese electric vehicles (EVs) are gaining popularity in Latin American markets, with several Chinese automakers accelerating their investment in countries like Brazil and Mexico.

Additionally, lithium mining – a crucial resource for EV batteries – has become a key area for China-Latin America cooperation on energy transition, drawing more and more Chinese investors to the lithium-rich “lithium triangle” region of Argentina, Bolivia, and Chile.

In the realm of digital economy, Huawei and other Chinese tech firms are advancing 5G infrastructure in Latin America and developing data centers and cloud computing facilities as part of the region’s digital foundation.

Some Chinese telecommunications and e-commerce companies are promoting “smart city” and “digital village” initiatives. So far, multiple Chinese cross-border e-commerce platforms have entered Latin American markets.

This year marks the 10th anniversary of the Forum of China and the Community of Latin American and Caribbean States. Over the past decade, friendly cooperation between China and Latin American and Caribbean countries has flourished within this framework, providing a solid foundation for investment partnerships.

Statistics show that by the end of 2022, China’s direct investment stock in Latin America and the Caribbean reached $596.2 billion, nearly seven times higher than that at the end of 2013.

Earlier this year, a report by the Inter-American Dialogue think tank highlighted the evolving focus of Chinese companies’ investments in Latin America – from mineral extraction to large-scale infrastructure construction, and now increasingly to innovation sectors, including information and communication technology, renewable energy, and other emerging industries.

Jorge Heine, former Chilean Ambassador to China and professor at Pardee School of Global Studies, Boston University, noted that this investment approach aligns closely with Latin America’s urgent need for economic transformation, with China poised to play a key role in injecting the region with much-needed development momentum.

“China and Latin American countries are both developing nations. Their shared interests and mutual needs drive investment cooperation,” said Yuan Dongzhen, deputy director of the Institute of Latin America and professor at Guangdong University of Foreign Studies.

Yuan believes that China’s strengths in infrastructure, manufacturing, new energy, and digital technology position the country well to support Latin American countries’ economic transition and reindustrialization through investment partnerships. This aligns with Latin American countries’ aspirations to attract foreign investment and boost their economies.

Gonzalo Gutierrez, secretary-general of the Andean Community, noted that China’s direct investment in Latin America and the Caribbean is widely welcomed, as it plays a crucial role in generating employment and stimulating economic development in the region.

“Today, the collective rise of the ‘Global South’ is a defining feature of a changing world order. Seeking peace, pursuing development, and promoting cooperation are common aspirations for countries in the Global South,” said Yuan.

He added that strengthening investment cooperation between China and Latin America fosters mutual benefit and shared prosperity. As China-Latin America relations enter a new era, the two sides’ investment cooperation will continue to expand into new fields and spaces.

China’s investments in Latin America are characterized by equality, mutual benefit, innovation, openness and more benefits for the people. These investments come with no political strings attached, nor does China impose its will, setting a model for South-South cooperation.

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Trump begins mass layoffs at Voice of America

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The Trump administration has initiated sweeping layoffs at Voice of America (VOA) and other U.S.-funded international broadcasters, effectively dismantling institutions long seen as critical for American influence abroad.

 

On Sunday, contractors working for VOA received an email notification that their employment would be terminated by the end of March. “You must cease all work immediately and are not permitted to access any agency buildings or systems,” the email read, according to multiple staff members who confirmed the development.

 

The move, which comes just a day after all employees were placed on administrative leave, disproportionately affects non-English-language services, where contractors make up a significant portion of the workforce. Many of these contractors are not U.S. citizens and may now face visa issues, further complicating their status in the country.

 

While most full-time staff remain employed for now, they have been told not to work, leaving VOA and its sister organizations in a state of uncertainty. Some services, unable to produce new programming, have resorted to playing music.

 

VOA, founded during World War II, has been a critical tool for U.S. public diplomacy, broadcasting in 49 languages to audiences in countries where press freedom is restricted. However, President Trump signed an executive order on Friday targeting its parent organization, the U.S. Agency for Global Media (USAGM), as part of broader federal budget cuts.

 

The cuts extend beyond VOA, affecting other U.S.-funded media entities such as Radio Free Europe/Radio Liberty, Radio Free Asia, Radio Farda (which broadcasts in Persian to Iran), and Alhurra, an Arabic-language network launched after the 2003 Iraq invasion. The administration argues that taxpayers should not fund what it calls “radical propaganda,” despite VOA’s longstanding editorial independence.

 

Liam Scott, a VOA journalist covering press freedom and disinformation, expressed concern over the decision. “I’ve covered press freedom for a long time, and I’ve never seen something like what’s happened in the U.S. over the past couple of months,” he wrote on social media.

 

The move has drawn international attention, particularly from China and Russia, which have been expanding their own state-funded media efforts. The Chinese state-run *Global Times* reacted with an editorial declaring that “the monopoly of information held by traditional Western media is being shattered.”

 

Trump’s administration has pursued aggressive cuts across federal agencies, including eliminating most foreign aid and significantly reducing the Department of Education. With input from tech billionaire Elon Musk, Trump has focused on reducing government size to facilitate tax cuts.

 

As the global media landscape shifts, the dismantling of U.S.-funded broadcasters leaves a vacuum that could be filled by rival state-controlled networks. Whether Congress or legal challenges will intervene remains to be seen, but for now, the future of America’s international broadcasting efforts hangs in the balance.

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Judge blocks Trump from deporting non-citizens using wartime law

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A federal judge has temporarily halted the Trump administration’s attempt to deport migrants allegedly linked to the Venezuelan gang Tren de Aragua under a wartime law.

US District Judge James Boasberg issued a restraining order preventing the administration from using the Alien Enemies Act of 1798 to expel undocumented migrants accused of gang ties. The order initially protected five individuals challenging the deportation but was later expanded to all affected noncitizens in US custody.

Boasberg also directed that any planes carrying these migrants be returned to the United States. “Any plane containing these folks that is going to take off or is in the air needs to be returned,” he ruled. The restraining order will remain in effect for 14 days or until further court action.

The Trump administration invoked the Alien Enemies Act, citing Tren de Aragua as a terrorist organization that has “unlawfully infiltrated the United States” and is engaging in hostile actions. However, civil rights groups, including the ACLU, argue that the gang’s activities do not meet the legal definition of an invasion.

The Justice Department has appealed the ruling, while the case continues in court.

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China’s new chapter in global innovation

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By Gu Yekai, Liu Yiqing, People’s Daily

At a smart construction project site managed by China State Construction Engineering Corporation, a quiet technological revolution is underway. Amid cranes and concrete, engineers are deploying advanced artificial intelligence (AI) systems that could fundamentally reshape the construction industry.

Li Fengjian, an AI specialistwith Xianyuan Technology, detailed how the company’s latest intelligent system – built on a large model – adapts to complex construction environments.”Engineering machinery equipped with intelligent agents can adjust its operations automatically in response to weather conditions,” Li explained, adding that a spatiotemporal sensing network further enhances the system, providing real-time tracking of both personnel and materials throughout the construction site.

In February this year, Xianyuan Technology rapidly integrated its self-developed model with DeepSeek-R1, effectively blending a general-purpose framework with industry-specific models. This integration, Li noted, has produced a solution capable of delivering expert-level performance in challenging, dynamic environments. The firm is based in the Shanghai Foundation Model Innovation Center, aburgeoning AI incubator that now hosts over 200 innovative enterprises.

China’s technological transformation extends well beyond the construction sector. Overthe past three decades, the country has evolved from its initial forays into internet connectivity to becoming a key player in global digital innovation.

Here, a steady stream of technological innovations are emerging, from the early days of emails and web browsing to the cutting-edge technologies represented by DeepSeek and the dynamic evolution of social media.

Wu Jianping, an academician at the Chinese Academy of Engineering and headof the Zhongguancun Laboratory, pointed out that while China had introduced only one internet standard before 2005, it now contributes to over 200 worldwide. Such strides illustrate the country’s concerted push toward high-level technological self-reliance – a journey marked by both persistence and determination.

Beyond the digital realm, China is makingsignificant inroads in aerospace, new energy, and other high-tech sectors. It has transitioned from being a follower to standing shoulder-to-shoulder with global leaders, and in some areas, even taking the lead. Wu attributed these achievements to a dynamic ecosystem of policy reforms and talent cultivation that encourages creativity and technical expertise at every level.

Amid intensifying international competition, collaborative research and the integration of new technologies with traditional industries are central to China’s high-quality economic development.

Mei Linhai, a researcher at China’s State Key Laboratory of Cognitive Intelligence, remarked that the age of AI calls for continuous exploration. “In this era, everyone is an innovator. Only by persistently pushing the boundaries can we remain at the forefront of both technological and industrial development,” Mei observed.

In the field of general-purpose AI, Mei emphasized that independent innovation is paramount. He advocates for a self-driven industrial ecosystem that leveragesbreakthrough technologies to boost productivity and unlock new possibilities, Mei said.

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