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In reply to the discussion: Ecuador renounces trade benefits from US Congress [View all]Lugal Zaggesi
(366 posts)The Chinese take a longer view - they are loaning and investing $billions in Ecuador to develop infrastructure, tourism, technology, services and energy projects. Building hydropower stations has been a boost to Ecuador's economy, now China is moving into more mining projects and much closer cooperation with Ecuador oil companies.
http://www.thedialogue.org/page.cfm?pageID=32&pubID=3098
http://international.iteem.ec-lille.fr/south-america/chamber-of-commerce-of-china-ecuador-and-china-a-very-close-relation/
The US is systematically being replaced by Ecuador, Venezuela, Brazil, Nicaragua, Uruguay, Bolivia, Argentina...
What the US corporate media call the "Pink Tide", Latin America calls a breaking away from long term USA domination.
Mexico, Panama, Chile and Colombia are about the only rightwing countries left in Latin America - but the USA has had to rig Mexico's election, invade Panama, and pour money and weapons into Colombia to keep it that way.