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Additional resources for China on the Ground in Latin America: Challenges for the Chinese and Impacts on the Region

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C. -based agroindustrial companies to establish storage and processing facilities in the countries and build relationships with local producers to establish secure sources of supply for exports to China. 191 Despite such modest beginnings, the interest by Chinese companies in Chilean agriculture shows signs of expanding. 193 The contrast with significant Chinese investments in the Peruvian fisheries sector is striking, given that the waters off the coast of northern Chile are defined by the same cold, low salinity Hulboldt current as found in Peru, and correspondingly have the same general types and quantities of fish as those off the Peruvian coast.

In Cuba, China’s limited presence in the oil sector is part of its cautious re-engagement with the Communist state since the end of the cold war. Specifically, Sinopec has been working with the Cuban government to drill for oil in three blocks off the west coast of the country153, alongside various other oil firms,154 although the quantity of oil there has not met earlier hopes. The advance of Chinese firms in doing business in the Cuban petroleum sector has also been helped to some degree by the prohibition by the US government against US-based companies having oil contracts or other businesses in Cuba.

163 In 2013, although the matter received little attention in the press, agriculture was one of the most important focuses for new Chinese projects in Venezuela. C. has also set up several small agroindustrial facilities in the country. 166 Bolivia In Bolivia, as in Venezuela, Chinese involvement in the agriculture sector has been limited, although some pilot projects and instances of technical cooperation have emerged in recent years. 170 Nonetheless, the most significant Chinese physical presence in the agriculture sector to date has been the purchase and operation of Peruvian fishing f leets and fishmeal processing facilities by China Fisheries Group.

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