Daily Archives: October 2, 2017

China-Latin America ties aimed at mutual benefit

Chinese PresidentXi Jinping (R) meets with his Colombian counterpart Juan Manuel Santos in Lima, Peru, Nov. 19, 2016.At the meeting with his Ecuadorian counterpart Rafael Correa in Quito on Thursday, President Xi Jinping reaffirmed that China’s aid to the country has no strings attached. Xi’s remark during his visit to Ecuador is well in line with the spirit of his third visit to Latin America since 2013.Xi’s Latin America itinerary also includes visits to Peru, where he attended the APEC Economic Leaders’ Meeting during the weekend, and Chile.His visit is expected to add more weight to China’s promise to deepen relations with the three countries, as multiple agreements-from trade and investment to finance and nuclear power-have already been signed or will be signed during the rest of his three-nation tour. That China and Latin American countries have enjoyed high-level political, economic and cultural exchanges over the past decade or so speaks volumes of Beijing’s commitment.The two sides have also reached a number of strategic consensuses and have taken similar or the same stances on major international issues.China’s direct investment in Latin America reached $126.3 billion by last year. Its considerable demand for natural resources has helped the Latin American countries not only raise capital but also enhance their investment capabilities.That, of course, is just one side of the story. On the one hand, Latin America, home to abundant natural resources, is willing to deepen its trade integration with China. On the other hand, there have been concerns about Beijing’s “obsession” with Latin American resources, which some say will prolong the exporting countries’ reliance on the primary sector and thus delay their industrial transformation. Previous Page 1 2 Next Page

Tearful Errani rues missed opportunity

Tearful Sara Errani became the US Open’s highest-seeded casualty on Thursday and admitted filling the famous shoes of the absent Maria Sharapova in the New York pecking order was overwhelming. The 26-year-old Errani, at her highest-ever seeding of fourth at a Grand Slam, was bumped up when golden girl Sharapova pulled out with a shoulder injury. It was a promotion that left last year’s US Open semifinalist and 2012 French Open runner-up dizzy with pressure and in tears in the media room. “Very bad,” said Errani – beaten by Italian compatriot Flavia Pennetta, 6-3, 6-1 in the second round – when asked how she dealt with the move to No 4 in the seedings. “I know the situation. I know all the players are expecting from me, and I would like to know how to do it. So I hope this can make me stronger, make me improve.” Errani arrived in New York having lost in the opening stage of Cincinnati and New Haven, but looked more than comfortable in the US Open first round with a 6-0, 6-0 mauling of Australia’s Olivia Rogowska. Having played 106 matches in singles and doubles in 2013 coming into the tournament, she admitted rediscovering her enjoyment of the sport was her biggest challenge. “I’m feeling too much pressure. I don’t know why, but I’m not enjoying going on the courts, and that is the worst thing a player can have,” she said. “Because if you go there and you fight and you lose, not a problem. But the problem is if you go there and you are not fighting, that is something I always had as my good thing. And I have to find a way. I hope to find it.” (China Daily 08/31/2013 page16)

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