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rivalry

US, China rivalry poses risks, benefits for Latin America

MENDOZA, Argentina: As the trade dispute between the United States and China was gaining steam last month, a half-dozen Chinese dancers and a person in a panda bear suit paraded across a stage inside a hotel lobby in the heart of Argentina’s wine country. The March 24 ceremony celebrated the Washington-based Inter-American Development Bank’s (IDB) choice to hold its next annual meeting in Chengdu, China, a decision criticized by the United States, whose regional influence has been increasingly challenged by the Asian…

Google, Temasek investing in Indonesia’s Go-Jek as ride-hailing rivalry deepens: sources

SINGAPORE: Google, Singapore investor Temasek and China’s Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said. The investments by Alphabet's Google - its first in a ride-hailing firm in Asia - and the other prominent investors underscore both the potential of the business in Southeast Asia, a region of 640 million people, and the insatiable appetite for funds at ride-hailing…

Argentina-Brazil rivalry spills over into training

BELO HORIZONTE, Brazil: Argentina got an early taste of what to expect from their Brazilian hosts at the World Cup when they were welcomed with jeers and whistles in their first open practice session on Wednesday. Some 5,000 fans attended the session in Belo Horizonte's Independencia stadium with the locals giving their fierce rivals a noisy reception ahead of the tournament start on Thursday. The decibel levels reached those of a competitive match when Argentina came out onto the pitch but the players, including Lionel…