China-Bolivia – A Lithium Deal, No More?

By Peter Koenig

November 21, 2019 "Information Clearing House" - China has by far the largest lithium market. China produces already today the most electric cars, about 1 million in 2018, and will at least triplicate their production by 2025 – and in the following decade or two, demand is expected to increase exponentially.

Bolivia has the world’s largest – by far – known lithium reserves. A long-term win-win contract between China and Bolivia was under preparation since early 2019 and being negotiated as a 51% Bolivia – 49% China share-arrangement, with manufacturing of batteries and other lithium-related products foreseen in Bolivia – added value, job creation in Bolivia – with an initial investment of US$ 2.3 billion – was about to be signed, when the US-instigated Bolivian military coup occurred. It was immediately followed with the usual US-style intimidating, violent and murderous oppression, particularly directed at protests by indigenous people.

They – the indigenous people, 70% to 80% of the Bolivian people – didn’t want to lose their President, Evo Morales, who has improved their lives enormously, like nobody else before since Bolivia’s independence from Spain some 200 years ago. Evo has drastically reduced poverty and provided most Bolivians with jobs and with a decent living. President Evo Morales had to seek asylum in Mexico to protect himself and his family from threats to his life and that of his loved ones, as well as to his political associates and members of Congress, who were in line to succeed him. The CIA, its handlers and their paid assets work with impunity, without scruples.

A day after Evo Morales left Bolivia, the opposition, led by the self-proclaimed neofascist, racist President, Jeanine Añez, ransacked and looted the Central Bank of its gold and large amounts of cash reserves. The loot was seen to be transported to the airport to be flown out of the country, presumably to the US. Madame Añez said she needed the money to buy weapons, of course, from America to keep oppressing and killing the indigenous protesters.

After the long-prepared and US- orchestrated ‘civic-military’ coup on 10th November, Bolivia is being ruled by a self-appointed, illegal, temporary (they say), neofascist government which is not only supported by the United States – the “putsch-maker” – but also by the abysmally shameful European Union, as well as by the Organization of American States – OAS (boasting, the US pays 60% of OAS’ budget…).

   

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