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China’s capacity to obtain lithium in Argentina, Bolivia, and Chile give rise to a series of concerns regarding the environment, labor rights, and the rights of the affected communities. “Above all regional governments value the speed with which Chinese companies are able to disburse money for the execution of projects,” Berg added.Ĭhinese advantages that seem unbeatable have become, at the same time, the greatest disadvantages for the countries of the region, in this case the Lithium Triangle. Berg, director of the Americas Program at the Center for Strategic and International Studies (CSIS), told Diálogo.Īdded to this is China’s ability to disburse money faster, which also ends up being a major attraction and deciding factor in defining partnerships. or European companies can offer, but they also know that they will bring fewer headaches, fewer environmental, and human rights lessons,” Ryan C.

“Governments know that Chinese companies will not bring the same quality that U.S. The PRC has demonstrated that, when partnering with countries of the region, they will find fewer demands on environmental, economic, and political conditions than those de rigueur in Western investor contracts. Part of the attraction of partnering with Beijing, in the opinion of experts, is the very nature of Chinese agreements. Experts and analysts are alarmed by the socio-environmental impact of Chinese investments in the exploration and exploitation of lithium and fear a dependence on the Asian country to obtain this mineral, indispensable for the modern world and the energy transition.Īdvantages for China, disadvantages for the region But what is a gain for China is a loss for Latin America. This situation was discussed in the first part of this report, exposing the tactics of the People’s Republic of China (PRC) to conquer the Andean countries rich in this metal. With a triple action of state investment, diplomacy, and geostrategic corruption, China is leading the race for lithium.

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