Financial closure by Chinese company delays the design of the Bogotá subway system
As reported by the Colombian radio program “W Radio,” uncertainty exists regarding the delivery deadlines for the Bogotá subway system, as a result of the failure of the APCA Transmetro consortium to meet the deadlines for financial closure.
After extensive negotiations, the FTA between Ecuador and the People’s Republic of China is almost concluded.
The president of Ecuador, Guillermo Lasso proclamed the trade agreement with China is concluded. He argueshat the country’s industrial sectors under consideration included a guarantee of employment in the manufacturing industry.
Following heavy stakes in Bitcoin, El Salvador faces crisis and turns to China for support
The recent bankruptcy of FTX, caused a drop in the price of bitcoin. As a result, El Salvador’s fiscal policy was affected by the country’s large purchase of this cryptocurrency. China proposed a possible agreement.
Foreign exchange trading facilities between Argentina and the People’s Republic of China
The President of China, Xi Jinping, met with Argentine President, Alberto Fernández, on November 15, on the occasion of the G20 summit in Bali. The leaders agreed to extend a foreign exchange agreement for US$ 5 billion.