日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Financial cooperation with China can buffer LatAm against external economic shocks

(Xinhua) Updated: 2016-01-12 17:09

New challenges

Still, the region is not a monolithic bloc, but a diverse collection of states. Each reacted differently to the four hikes of a quarter point the Fed has in store to gradually reach a one-percent hike in the interest rate.

"An increasingly stronger dollar could lead to a fall in international prices for raw materials and damage the current account surplus of some South American economies that had benefited from the supercycle in raw materials during the last decade," said Chai.

According to ECLAC, South American economies went from an average growth of 0.6 percent in 2014 to a 1.6 percent contraction in 2015, amid a sharp drop in raw material prices and slow growth in aggregate global demand.

Regional exports also shrank by about 14 percent, dragged down by Venezuela (41 percent), Bolivia (30 percent), Colombia (29 percent) and Ecuador (25 percent), among other countries.

South American economies are expected to shrink by 0.8 percent in 2016, mainly due to a 2 percent contraction in Brazil and 7 percent contraction in Venezuela, ECLAC estimates.

The political upheaval swirling around both Brazil and Venezuela is also expected to erode confidence in the regional market and further cause capital flight toward the United States.

Ecuador, according to Chai, could become another concern due to the dollarization of its currency, as a stronger dollar will make its exports less competitive and raise the cost of financing.

"2016 will be a difficult year for South American countries given the adverse situation, but at the same time, it will be a perfect opportunity to boost financial cooperation between China and the region," said Chai.

Internationalization of the yuan

Financial cooperation between China and Latin America has developed rapidly in recent years, thanks to Chinese President Xi Jinping's three-pronged initiative to use trade, investment and financial cooperation to bolster bilateral ties for mutual benefits.

In 2014, China lent Latin America $22.1 billion, more than the 20 billion provided by the World Bank and the Inter-American Development Bank together, according to a study by the Washington-based Inter-American Dialogue, a center for policy analysis.

Chai believes financial cooperation with China helps the region to diversify both its models and channels of financing, which not only brings greater stability and predictability, but also allows long-term planning.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 男人天堂手机在线 | 久久亚洲精品小早川怜子 | 嫩草影院一区二区 | 在线免费观看av网址 | www.好了av.com | www性欧美| 日韩精品视频观看 | 久久超级碰 | 影音先锋男人天堂 | 国产91在线免费观看 | 国产区视频| 美女在线播放 | 四虎看片 | 欧美性猛交bbbbb精品 | 性xxxx视频播放免费 | 在线视频午夜 | 色成人亚洲 | 成人在线播放视频 | 中文视频在线 | 中文字幕在线不卡视频 | 精品香蕉一区二区三区 | 深夜做爰性大片108式 | 色婷婷影视 | 青青久久 | 国产精品视频在线观看 | 杨思敏毛片 | 91视频免费在线看 | 午夜探花在线观看 | 欧美性大战久久久 | 欧美日韩一区视频 | 亚洲一级免费视频 | 国产三级在线 | 成人免费看黄 | 午夜激情小视频 | 九九热在线免费视频 | 久久综合精品视频 | 四虎影院成人 | 国产逼逼 | 亚洲日日夜夜 | 亚洲五月综合 | 日本黄色视屏 |