- CNTV English - CCTV News

US official says China's growing presence in Latin America no threat

08-19-2010 09:45 BJT

BEIJING, Aug.18 (Xinhua) -- A senior U.S. official said China's increasing presence in Latin America was not a concern or a threat to his country.

"It is certainly not a concern, not a threat. We very much welcome China's continued engagement, investment and trade with countries in the western hemisphere," U.S. Assistant Secretary of State for Western Hemisphere Affairs Arturo Valenzuela told press on Wednesday.

Valenzuela made the comments in response to Xinhua's question whether the United States was concerned or threatened as China establishes itself as an important economic player in Latin America, a region widely seen as the U.S.'s backyard.

"We think that (China's engagement) helps strengthen economies and provide employment for people in the region," Valenzuela said.

He said China's trade with Latin America was only 5 percent of its trade worldwide. "If that can grow, it is extremely valuable for the countries in the western hemisphere."

By contrast, the U.S.'s trade with countries in the western hemisphere was about 40 percent of its world trade. Historically, the United States has had a very significant trading relationship with Latin American countries, he said.

Valenzuela came to Beijing on Monday for the fourth round of U.S.-China sub-dialogues on Latin America. Initiated in 2006, the consultations occur under the auspices of the China-U.S. Strategic and Economic Dialogue.

"But this is the first time that the dialogue took place under the new Obama administration," Valenzuela said.

He said the dialogue was based on real objectives. "The fundamental objective is to ensure the prosperous growing economy in the western hemisphere and that benefits us all."

Taiwan has maintained "diplomatic ties" with some countries in Latin America, but that was not discussed by Valenzuela in the dialogue. "That is a footnote in our discussions and does not become a major thing."

Valenzuela said the U.S. position on the issue is clear. "We don't support independence for Taiwan."

Editor:Jin Lin |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program