South American Real Estate News
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Chile, Colombia, Ecuador and Peru join forces to combat continued illegal Chinese fishing

Four South American countries joined forces this week in a bid to combat illegal fishing by huge Chinese fleets off their coasts. Chile, Colombia, Ecuador, and Peru threatened measures “to prevent, discourage and jointly confront” illegal fishing near their exclusive economic zones in the Pacific. The joint statement made no specific mention of China but environmental groups Greenpeace and Oceana have repeatedly warned of the growing presence of massive Chinese fishing fleets in the area. Oceana has said…

Chinese beef importers seeking to renegotiate lower prices with Brazil and Uruguay suppliers

Folha de S.Paulo reported that some Chinese importers are refusing to pay for shipments that already arrived in China, seeking a discount from exporters Chinese beef importers are seeking to renegotiate prices previously agreed when they closed deals to buy dozens of shipments from Brazil and Uruguay because values are too high, according to a report in the online edition of local newspapers on Monday. The website of Folha de S.Paulo reported that some Chinese importers are refusing to pay for shipments that…
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