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Chinese investment in Latin America – no longer business as usual

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An era of lavishly priced acquisitions of resource assets in Latin America by Chinese state-owned enterprises (SOEs) appears to have ended. China’s engagement with the region will now chart a new course, one that is more diverse and transparent.  |   By John Price   | President Xi Jinping’s corruption purge, that has toppled several high-ranking officials in Beijing, is also wreaking havoc on Chinese SOE overseas investments. With far less oversight than domestic investment projects, overseas oil and gas and mining rights became preferred channels for corruption in recent years. As investigations delve into projects around the globe, senior […]
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