China Stakes Its Claim in Latin American Energy:

low-priced equipment abroad. which can offer high quality, low-priced equipment abroad. State Grid reports its return on overseas assets reached more than double digits, approximately three to five times more profitable than the equivalent domestic investments. UHV technology is already widely employed in China, and the country is seeking to advance its UHV technology as a global standard.

Technology, crossing 80 cities on its route from the Amazon to Río, on Brazil’s southeast coast. A prime example of Chinese power technology, this transmission system generated enormous sales of materials and equipment. 14 However, this huge infrastructure project – which was the target of protests - was built in the shadow of the controversial Belo Monte hydroelectric dam. Construction of Belo Monte - the world’s third largest hydroelectric facility– has left scars in the Amazon, the Associated Press reported in December 2019. The dam displaced an estimated 40,000 people, left dry stretches along the Xingu River and caused other environmental damage, drove local fishermen out of business and hurt indigenous communities. China-Latin America and strategic minerals China is already a leader in the mining and extraction of strategic minerals used in components for key technologies such as defense, telecommunications and renewable energy.

In Brazil, for example, State Grid’s construction of the Belo Monte-Río de Janeiro hydropower transmission line promoted the “going out” of China’s UHV technology. This 1,580 mile UHVDC transmission line is the longest in the world, according to Power

INSTITUTE OF THE AMERICAS

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