{"id":50004918,"date":"2016-01-15T14:26:42","date_gmt":"2016-01-15T14:26:42","guid":{"rendered":"https:\/\/stage.dialogochino.net\/?p=4918"},"modified":"2023-06-05T17:04:05","modified_gmt":"2023-06-05T16:04:05","slug":"4918-will-booming-india-topple-china-in-latin-america","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/","title":{"rendered":"Will booming India topple China in Latin America?"},"content":{"rendered":"<p>For the second consecutive year, the booming Indian economy grew faster than any other in 2016, according to a new World Bank <a href=\"http:\/\/www.worldbank.org\/content\/dam\/Worldbank\/GEP\/GEP2016a\/Global-Economic-Prospects-January-2016-Spillovers-amid-weak-growth.pdf\">report<\/a>. Much like China since the turn of the century, India is increasingly looking overseas \u2013 to primary export-oriented countries \u2013 for raw materials to fuel its breakneck growth.<\/p>\n<p>A strong macroeconomic performer compared to the other so-called <a href=\"http:\/\/stage.dialogochino.net\/can-china-make-the-aiib-and-brics-the-greenest-banks-in-town\/\">BRICS<\/a> nations, India\u2019s GDP is expected to grow by 7.8% this year, buoyed by investor confidence and the positive effect of low oil prices on real incomes. Notably, it has become an \u201cimportant source of foreign direct investment\u201d, says the paper entitled <em>Global Economic Prospects 2016<\/em>.<\/p>\n<p>\u201cGiven India&#8217;s continuing and even growing demand for energy, grain, edible oils and other products that Latin America can offer, there is immense potential,\u201d says Deepak Bhojwani, head of consultancy <a href=\"http:\/\/www.latindia.in\/?page_id=126\">LatIndia<\/a> and a former Indian ambassador to seven Latin American countries.<\/p>\n<p>The estimated US$46 billion in annual trade between India and the 33 member countries of the Community of Latin American and Caribbean states (<a href=\"http:\/\/stage.dialogochino.net\/new-politics-of-china-latin-america-co-operation-must-adress-environmental-problems\/\">CELAC<\/a>) will be welcome in a region adversely affected by China\u2019s economic slowdown. Although expected to recover this year, Latin America\u2019s GDP growth contracted by <a href=\"http:\/\/www.efe.com\/efe\/english\/business\/eclac-latin-america-will-contract-0-4-pct-in-2015-grow-2-next-year\/50000265-2793129\">0.4% in 2015<\/a>, with the region\u2019s main economic motor, Brazil, slipping deeper into <a href=\"http:\/\/www.bbc.co.uk\/news\/business-34975080\">recession<\/a>.<\/p>\n<p>However, India\u2019s investments in environmentally sensitive sectors such as energy, agriculture and infrastructure in Latin America are a worry for some experts who have observed <a title=\"China is a \u201cmajor driver\u201d of environmental degradation in Latin America\" href=\"http:\/\/stage.dialogochino.net\/china-is-a-major-driver-of-environmental-degradation-in-latin-america\/\" target=\"_blank\" rel=\"noopener\">accelerated ecological damage <\/a>since China\u2019s entry into the region.<\/p>\n<p>\u201cWith respect to these new financiers, like Indian and Russian banks, we should be concerned, very concerned,\u201d says Paulina Garz\u00f3n, director of the <a href=\"https:\/\/www.wcl.american.edu\/environment\/iiscal.cfm\">China-Latin America sustainable development<\/a> initiative at American University.<\/p>\n<p>Garz\u00f3n is wary of the influence new investment streams can have on environmental regulations in Latin America, but concedes that the crux of the problem lies with host governments and their perception that enforcing strict rules is a waste of money. Little is known in Latin America about the new Indian banks looking to invest in a region separated by distance, language and culture, Garz\u00f3n says.<strong>&nbsp;<\/strong><\/p>\n<p><strong>Race for resources&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/strong><\/p>\n<p>New export markets for natural resources are keenly sought by Latin America in the context of waning demand from China, observers have <a href=\"http:\/\/www.thedialogue.org\/resources\/how-important-are-ties-between-india-latin-america\/\">noted. <\/a>Latin American suppliers may try to <a href=\"http:\/\/stage.dialogochino.net\/will-chinas-crisis-ease-the-pressure-on-latin-americas-environment\/\">keep production levels high<\/a> to compensate for lower commodity prices, but not all experts believe this will lead to an increased Indian market share at China\u2019s expense. Expected to hit <a href=\"http:\/\/stage.dialogochino.net\/1st-china-celac-ministerial-forum-big-deal-or-missed-opportunity\/\">US$ 250billion<\/a> in the next four years, China\u2019s trade with the region still dwarfs that of India.<\/p>\n<p>\u201cChinese companies, backed by Chinese capital looking for productive investment opportunities, will pursue opportunities in overseas markets such as Latin America more aggressively than before,\u201d analyst <a href=\"http:\/\/stage.dialogochino.net\/why-are-chinese-agricultural-firms-so-active-in-latin-america-and-the-caribbean\/\">R. Evan Ellis<\/a> told <em>Di\u00e1logo Chino<\/em>. In the commodities sector, where decreasing Chinese demand will continue to depress prices, companies across the board, including from India, will invest more cautiously, he adds.<\/p>\n<p>Bhojwani notes that India\u2019s expansion into Latin America will be driven by private sector efforts at meeting domestic market demand rather than a state-led, strategic push for food and energy security, as is the case with China. Thus, he says, they cannot compete.<\/p>\n<p>\u201cIndia&#8217;s trade with Latin America is independent of the China factor,\u201d says Bhojwani, adding that investments by India\u2019s state-owned companies in high-carbon sectors such as oil pale in comparison to those made by their Chinese equivalents.<\/p>\n<p>Although growing, India\u2019s carbon footprint in Latin America will remain far lower than China\u2019s for the foreseeable future, Evan Ellis says.<\/p>\n<p><strong>India rules<\/strong><\/p>\n<p>India invests overseas through development finance institutions (DFI\u2019s) which, as in most countries, are subject to government regulation. But unlike their Chinese counterparts, Indian banks are not subject to rules aimed at limiting the environmental impacts of investments <a title=\"Why China must strengthen environmental standards for its overseas investments\" href=\"http:\/\/stage.dialogochino.net\/why-china-must-strengthen-environmental-standards-for-its-overseas-investments\/\" target=\"_blank\" rel=\"noopener\">overseas<\/a>.<\/p>\n<p>In fact, so far only one of India\u2019s big institutional investors, <a href=\"http:\/\/www.idfc.com\/\">IDFC<\/a>, has signed up to the <a href=\"http:\/\/www.equator-principles.com\/index.php\/all-adoption\/adoption-news-by-year\/92-2013\/347-idfc\">Equator Principles<\/a>, a voluntary and internationally accepted risk management framework for development finance.<\/p>\n<p>The lack of rules applicable to Indian banks investing overseas is doubly concerning to Garz\u00f3n who notes that advances in environmental governance in Latin America have steadily declined in recent years.<\/p>\n<p>\u201cFor example, as recently as 2014, Venezuela\u2019s ministry of the environment was dissolved as an autonomous entity,\u201d Garz\u00f3n points out, adding that regulations relating to environmental licensing and impact assessments in the mining sectors in Peru and Ecuador have also slackened.<\/p>\n<p>Bhojwani acknowledges that increasing production in Latin America\u2019s extractive and agriculture sectors has consequences for the environment but says joint efforts at research and development in the area of greener technology can compensate for these.<\/p>\n<p>India plans to generate between 15-20% of its electricity (<a href=\"http:\/\/indiaclimatedialogue.net\/2015\/08\/04\/renewable-energy-act-has-miles-to-go\/\">175 gigawatts<\/a>) from renewable sources by 2030, Bhojwani says, and points to India\u2019s \u201csophisticated indigenous programme\u201d for nuclear power generation as a potential area of cooperation. The programme will require enormous supplies of uranium, a resource Latin America has in abundant supplies.<\/p>\n<p>\u201cIn turn, the technologies and experience of India in this field can come in handy for Latin American countries that want to move away from fossil fuels,\u201d Bhojwani adds.<\/p>\n<p><strong>Lessons from El Mut\u00fan<\/strong><\/p>\n<p>India\u2019s investors have a long way to go before enjoying the same kind of high-level access to Latin America\u2019s key legislators as China. The growth in trade has been accompanied by a diplomacy drive led by India\u2019s external affairs minister, Sushma Swaraj.<\/p>\n<p>On the sidelines of the latest UN General Assembly in New York, Swaraj <a href=\"http:\/\/today.caricom.org\/2015\/10\/02\/caricom-india-discuss-further-strengthening-of-relations\/\">met<\/a> Caribbean Community (CARICOM) leaders and finance ministers from the CELAC leadership quartet, with whom she pledged to boost cooperation on education, trade and climate change and improve relations, which have been tested in recent years.<\/p>\n<p>In 2012 the Bolivian government cancelled a US$ 2.1billion contract with India\u2019s <a href=\"http:\/\/www.jindalsteelpower.com\/\">Jindal Steel<\/a> to develop the <a href=\"http:\/\/stage.dialogochino.net\/china-enters-bolivias-steel-industry\/\">El Mut\u00fan<\/a> iron ore mine. The proposed investment was the largest by an Indian company in Latin America but <a href=\"http:\/\/www.wsj.com\/articles\/bolivia-to-appeal-ruling-favoring-indias-jindal-in-el-mutun-dispute-1409074729\">collapsed<\/a> amid rows over contract terms and the contractor being allowed access to the site. In August 2014, the International Chamber of Commerce ordered the Bolivian state to pay Jindal US$ 22.5million in compensation. <a href=\"http:\/\/www.laht.com\/article.asp?ArticleId=2402634&amp;CategoryId=14919\">Two Chinese companies<\/a>, Sinosteel and Henan, are now bidding for the project.<\/p>\n<p>\u201cThis was a unique and extremely large investment that should have been better planned,\u201d says Bhojwani, who suggests that the breakdown of the deal was attributable to \u201cmisplaced expectations\u201d on both sides.<\/p>\n<p>Bhojwani played down the dissuasive effects of the case on other Indian investors claiming they; \u201care aware of the need for a more thorough understanding of the political, economic and social environment in Latin America, and specifically of the country they wish to invest in.\u201d<\/p>\n<p>Evan Ellis agrees that the Jindal dispute is unlikely to put off a diverse array of Indian businesses, but points out that it is not unique. \u201cThe experiences of <a href=\"http:\/\/www.ril.com\/\">Reliance<\/a>, <a href=\"https:\/\/www.iocl.com\/\">India Oil<\/a> and <a href=\"https:\/\/www.google.co.uk\/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=4&amp;cad=rja&amp;uact=8&amp;ved=0ahUKEwiflqTVrqnKAhWGew4KHdggAI0QFgg2MAM&amp;url=http%3A%2F%2Fwww.ongcindia.com%2Fwps%2Fwcm%2Fconnect%2Fongcindia%2FHome%2FSubsidiariesJVs%2FSubsidiaries%2FONGC%2BVidesh%2BLimited%2F&amp;usg=AFQjCNHEI44CbtrWKs45JnY7kQLM467LcQ&amp;sig2=uKu6Wtn_XJx733Q1Cca2bQ&amp;bvm=bv.111677986,d.ZWU\">OVL<\/a> in Venezuela, for example, have been less than positive,\u201d he says, adding negative experiences are part of the learning process for investors in overseas environments.<\/p>\n<p>While Indian companies, like many private Western firms, may bend or ignore environmental regulations, their negotiating position as individual firms regulated by Latin American states is arguably weaker than those from China.<\/p>\n<p>\u201cChinese firms self-financing and protection by a political framework may give them more latitude to behave with impunity,\u201d Evan Ellis argues.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India eyes region for outward investment but experts are mindful of added environmental pressures<\/p>\n","protected":false},"author":40000225,"featured_media":50004923,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[758],"tags":[544,600],"hashtags":[],"country":[50000021,20000111,50002604],"class_list":["post-50004918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-finance","tag-trade","country-brazil","country-india","country-venezuela"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will booming India topple China in Latin America? | Dialogue Earth<\/title>\n<meta name=\"description\" content=\"India eyes region for outward investment but experts are mindful of added environmental pressures\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will booming India topple China in Latin America?\" \/>\n<meta property=\"og:description\" content=\"India eyes region for outward investment but experts are mindful of added environmental pressures\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\" \/>\n<meta property=\"og:site_name\" content=\"Dialogue Earth\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-15T14:26:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-05T16:04:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hands Up Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\"},\"author\":{\"name\":\"Hands Up Admin\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc\"},\"headline\":\"Will booming India topple China in Latin America?\",\"datePublished\":\"2016-01-15T14:26:42+00:00\",\"dateModified\":\"2023-06-05T16:04:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\"},\"wordCount\":1236,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg\",\"keywords\":[\"Finance\",\"Trade\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\",\"url\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\",\"name\":\"Will booming India topple China in Latin America? | Dialogue Earth\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg\",\"datePublished\":\"2016-01-15T14:26:42+00:00\",\"dateModified\":\"2023-06-05T16:04:05+00:00\",\"description\":\"India eyes region for outward investment but experts are mindful of added environmental pressures\",\"breadcrumb\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg\",\"width\":640,\"height\":440,\"caption\":\"India's external affairs minister Sushma Swaraj at the UN General Assembly in October 2015. Swaraj held high-level meetings with CELAC and CARICOM officials at the event (image: United Nations photo)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dialogue.earth\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Will booming India topple China in Latin America?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dialogue.earth\/en\/#website\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"name\":\"Dialogue Earth\",\"description\":\"Global climate and environment news\",\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dialogue.earth\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\",\"name\":\"\u5bf9\u8bdd\u5730\u7403\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"width\":256,\"height\":256,\"caption\":\"\u5bf9\u8bdd\u5730\u7403\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/DialogueEarth_\",\"\",\"https:\/\/www.facebook.com\/DialogueEarth.English\",\"https:\/\/www.instagram.com\/dialogue.earth\/\",\"https:\/\/www.linkedin.com\/company\/dialogueearth\/\"],\"publishingPrinciples\":\"https:\/\/dialogue.earth\/en\/about\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc\",\"name\":\"Hands Up Admin\",\"url\":\"https:\/\/dialogue.earth\/en\/author\/hu_admin\/\",\"sameAs\":[\"https:\/\/dialogue.earth\/en\/author\/dc_rob\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Will booming India topple China in Latin America? | Dialogue Earth","description":"India eyes region for outward investment but experts are mindful of added environmental pressures","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/","og_locale":"en_US","og_type":"article","og_title":"Will booming India topple China in Latin America?","og_description":"India eyes region for outward investment but experts are mindful of added environmental pressures","og_url":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/","og_site_name":"Dialogue Earth","article_published_time":"2016-01-15T14:26:42+00:00","article_modified_time":"2023-06-05T16:04:05+00:00","og_image":[{"width":640,"height":440,"url":"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg","type":"image\/jpeg"}],"author":"Hands Up Admin","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#article","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/"},"author":{"name":"Hands Up Admin","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc"},"headline":"Will booming India topple China in Latin America?","datePublished":"2016-01-15T14:26:42+00:00","dateModified":"2023-06-05T16:04:05+00:00","mainEntityOfPage":{"@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/"},"wordCount":1236,"commentCount":0,"publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"image":{"@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage"},"thumbnailUrl":"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg","keywords":["Finance","Trade"],"articleSection":["Business"],"inLanguage":"en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/","url":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/","name":"Will booming India topple China in Latin America? | Dialogue Earth","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage"},"image":{"@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage"},"thumbnailUrl":"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg","datePublished":"2016-01-15T14:26:42+00:00","dateModified":"2023-06-05T16:04:05+00:00","description":"India eyes region for outward investment but experts are mindful of added environmental pressures","breadcrumb":{"@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#primaryimage","url":"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2016\/01\/21956779502_4eb83c9577_z.jpg","width":640,"height":440,"caption":"India's external affairs minister Sushma Swaraj at the UN General Assembly in October 2015. Swaraj held high-level meetings with CELAC and CARICOM officials at the event (image: United Nations photo)"},{"@type":"BreadcrumbList","@id":"https:\/\/dialogue.earth\/en\/business\/4918-will-booming-india-topple-china-in-latin-america\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dialogue.earth\/en\/"},{"@type":"ListItem","position":2,"name":"Will booming India topple China in Latin America?"}]},{"@type":"WebSite","@id":"https:\/\/dialogue.earth\/en\/#website","url":"https:\/\/dialogue.earth\/en\/","name":"Dialogue Earth","description":"Global climate and environment news","publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dialogue.earth\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/dialogue.earth\/en\/#organization","name":"\u5bf9\u8bdd\u5730\u7403","url":"https:\/\/dialogue.earth\/en\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/","url":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","width":256,"height":256,"caption":"\u5bf9\u8bdd\u5730\u7403"},"image":{"@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/DialogueEarth_","","https:\/\/www.facebook.com\/DialogueEarth.English","https:\/\/www.instagram.com\/dialogue.earth\/","https:\/\/www.linkedin.com\/company\/dialogueearth\/"],"publishingPrinciples":"https:\/\/dialogue.earth\/en\/about\/"},{"@type":"Person","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/person\/e6f5ec9306faf26417be0d14efe096bc","name":"Hands Up Admin","url":"https:\/\/dialogue.earth\/en\/author\/hu_admin\/","sameAs":["https:\/\/dialogue.earth\/en\/author\/dc_rob\/"]}]}},"_links":{"self":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts\/50004918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/users\/40000225"}],"replies":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/comments?post=50004918"}],"version-history":[{"count":0,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts\/50004918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media\/50004923"}],"wp:attachment":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media?parent=50004918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/categories?post=50004918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/tags?post=50004918"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/hashtags?post=50004918"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/country?post=50004918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}