PLEDGE NOW
Chinese Rail In South America

As the US struggles with infrastructure, China moves to build a brand new railway across South America. We’ll get the story.

Railways in Sao Paulo, Brazil. (Diego Torres Silvestre / Flickr)

Amtrak went off the rails in Philadelphia, but in South America the talk is of brand new railroads. And the building has nothing to do with the USA.  It’s all about China. Talk about contrasts. While Washington is cutting Amtrak funding and cleaning up the wreck in Philly, China is moving to build a brand spanking new high-speed trans-continental railway from Atlantic to Pacific. Brazil to Peru. Over the Andes. Investing billions as part of a quarter-trillion dollar Chinese investment in Latin America. This hour on On Point: As the US struggles with infrastructure, China builds big south of the border.

— Tom Ashbrook

Guests

Kevin Gallagher, Associate Professor of Global Development Policy at Boston University. Author of the forthcoming book “The China Triangle: Latin America’s China Boom and the Fate of the Washington Consensus” (@KevinPGallagher)

Louis Thompson, Transportation consultant for rail industries worldwide. Railway adviser to the World Bank from 1987 to 2003.

Anthony Perl, Professor of Urban Studies and Political Science at Simon Fraser University.

From Tom’s Reading List

The Wall Street Journal: Beijing to Unveil South America Investments – “Chinese Prime Minister Li Keqiang is set to bring greater financial support to South America this week, part of Beijing’s broader effort to reassure developing countries that have been hit by China’s declining demand for raw materials. On Tuesday, Mr. Li is expected to discuss with Brazilian President Dilma Rousseff plans to build a giant railway, corporate acquisitions and the disbursement of billions of dollars for the overhaul of Brazil’s aging infrastructure as South America’s largest economy gears up for the Rio Olympics next year.”

Bloomberg: Planes, Trains & Copper: China’s Premier Goes to Latin America – From 2009 to 2014, China’s demand for raw materials resulted in a trade deficit with Brazil, a leading supplier of iron ore and soybeans, and Chile and Peru, both major copper producers. Since the fourth quarter of last year, the balance swung to China’s favor, according to figures from Brazil’s government. China MAY buy more airplanes from Brazil, home to Embraer SA. China has already imported more than 100 aircraft from Brazil, according to Tong Daochi, assistant director-general of the Commerce Ministry.”

Latin Times: South America News: Peru, Brazil, China Roll Ahead With Transcontinental Railway – “Peru, Brazil and China are moving forward on a transcontinental railway that will cut across the Andes and connect port cities in the Pacific and Atlantic coasts of South America, Folhia reports. The agreement was announced during a four-country Latin American tour by Chinese Premier Li Keqiang. The mega rail project will cost an estimated $10 billion dollars. Technical studies are now underway and specific timelines are expected to be revealed in the coming months. The railway is expected to reduce the cost of exporting agricultural goods from Brazil to China, and bring new business to Peruvian ports.”

 

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
May 27, 2016
Riot police block off the Albuquerque Convention Center to anti-Trump protests following a rally and speech by Republican presidential candidate Donald Trump at the convention center where the event was held, in Albuquerque, N.M., Tuesday, May 24, 2016. (AP Photo/Brennan Linsley)

Obama at Hiroshima. Turmoil at Trump rallies. Clinton’s emails, heating up. Sanders predicts a “messy” convention. Our weekly news roundtable goes behind the headlines.

May 27, 2016
In this Oct. 27, 2015, photo,  Big Muddy Farms, an urban farm in northern Omaha, Neb. is seen amongst residential homes. (AP Photo/Nati Harnik)

Just in time for Memorial Day weekend, we’ve got top gardeners spilling the beans on how to grow everything.

RECENT
SHOWS
May 26, 2016
This March 16, 2015 photo shows portraits of now-retired U.S. Army Sgt. 1st Class Marshall Powell, right, and his wife, Arasi, at their home in Crescent, Okla. Powell suffers from a psychological wound called "moral injury" after serving as an Army nurse in Iraq and Afghanistan. Arasi, also a soldier who served in Iraq, had received treatment for PTSD. (AP Photo/Brennan Linsley)

In advance of Memorial Day, we’ll talk with Sebastian Junger about vets coming home and missing their “Tribe.” Plus, a WWII veteran remembers life on and off and the battlefield.

 
May 26, 2016
This Jan. 26, 2016 file photo shows a "For Sale" sign hanging in front of an existing home in Atlanta.  Short of savings and burdened by debt, America's millennials are struggling to afford their first homes in the face of sharply higher prices in many of the most desirable cities. (AP Photo/John Bazemore, File)

No more ’empty nest’. A third of millennials now live at home with their parents. We’ll look at what’s still pushing that trend.

On Point Blog
On Point Blog
In The Garden, Mother Nature Makes The Rules
Friday, May 27, 2016

Executive producer Karen Shiffman explains why she turns to her garden for food, friends and natrual comfort.

More »
Comment
 
WWII Vet Larry Kirby Reflects On American Values
Thursday, May 26, 2016

Looking ahead to Memorial Day, a World War II veteran looks back at the experiences that mattered to him, both in and out of war.

More »
Comment
 
Gloria Steinem Explains Her ‘Bernie Boys’ Comment
Tuesday, May 24, 2016

Feminist activist Gloria Steinem explains why her apparent diss of female supporters of Sen. Bernie Sanders was anything but.

More »
Comment