China

Commodity prices: lower for longer, says Levy

Brazil China Economy & Policy

The country must improve regulations and foster productivity

China Helps Fund Argie Trains

Argentina China Loans

Argentina has signed a $2.47bn financing package with China Machinery Engineering (CMEC) to revamp the Belgrano-Cargas freight train line, the country’s Interior Ministry...

Petrobras Sells Peru Assets to China

Brazil China M&A

PetroChina has agreed to acquire Petrobras’ Peruvian oil and gas assets for $2.6bn, Petrobras says. The Petrobras Energia Peru subsidiary has three oil and gas fields in ...

Chinese Clinch BicBanco Deal

Brazil China M&A

China Construction Bank has agreed to buy Brazil’s BicBanco for BRL1.62bn ($723m), BicBanco says, bringing rumors to life and giving one of China’s largest banks its firs...

Citi Peru Issues RMB Credit First

Peru China Bonds

Citi Peru has issued a Chinese Renminbi-denominated letter of credit, the first bank in Latin America to do so, it says. Details were not disclosed, other than that it wa...

Duke Energy Adds President in Chile

People Corporate & Sovereign Strategy China

US-based energy company Duke Energy International has named Diego Hollweck president of Duke Energy Chile, effective October 16, it says. He comes to the role from BG Gro...

China slowdown not a threat to LatAm, experts say

Asia China Economy & Policy

China’s slowing growth and an end to the commodities super-cycle will not undermine its trade dynamic with Latin America, Chinese officials told a LatinFinance forum in B...

Bancomext, China Exim in Lending Agreement

Bonds Structured Finance Mexico

Mexico’s Bancomext has agreed with China’s Export-Import Bank to form an investment fund, Bancomext says, seeded initially with $500m from China Exim. The goal is to have...

China Loan for Pemex

Mexico China Loans

Pemex has agreed to a $1bn 3-year credit line with China Exim bank, it says. The facility, the state-owned oil producer’s first from the bank, will allow for the funding ...

PdDVSA Adds Chinese Funds

Venezuela China Loans

Petroleos de Venezuela (PdVSA) has signed a $4.15bn loan agreement with the China Development Bank, it says, to increase production at the Sinovensa joint venture. Financ...

Copeinca Reels in Higher Bid

Peru China Europe

Norway's Cermaq has agreed to buy control of Copeinca in a deal valuing the Peruvian fishmeal exporter at NOK3.49bn ($610m), allowing the target to thwart a $550m hostile...

BTG to Add CNH Debt

Brazil China Bonds

BTG Pactual is heard planning to return to the offshore renminbi, or Dim Sum, bond market this week for a public transaction, according to a person familiar with the issu...

China forex chief signals investment shift

China Economy & Policy Corporate & Sovereign Strategy

China will forge ahead with efforts to diversify its $3.3 trillion foreign exchange stockpile into higher yielding assets, Yi Gang, director of China’s State Administrati...

Copeinca Taps Trio to Fend off Chinese

Peru China M&A

Copeinca has hired UBS, DNB Markets and Carnegie as advisors, it says, as the Peruvian fishery attempts to defend itself from an unsolicited takeover attempt by China Fis...

Copeinca Not Lured by CFG Offer

Peru China M&A

Peru’s Copeinca is not pleased with this week’s $556m unsolicited takeover offer from China Fishery Group (CFG), noting that key shareholders do not find the NOK53.85 ($9...