Author: Fundación Andrés Bello

Chinese companies express interest in investing more in Colombia

The largest Chinese companies operating in Colombia have expressed their keen interest in increasing their investments in the country. During a meeting in Bogota with representatives from various ministries and government entities, discussions revolved around the potential for Chinese companies to contribute to the peace-building efforts in areas affected by the armed conflict in Colombia.
Fundación Andrés Bello

Chinese ambassador in Bolivia announces plans to open Asian bank branches due to lack of dollars

To address the shortage of dollars in Bolivia, China is exploring the possibility of opening branches of Asian banks in the country. Huang Yazhong, the Chinese ambassador in Bolivia, has stated that efforts are underway to establish Chinese banking entities in Bolivia, primarily to facilitate settlement operations in bilateral trade. Given the significance of China as Bolivia’s trading partner and the limited availability of dollars, the Bolivian government is interested in coordinating with China to explore the option of conducting transactions in local currencies.

Fundación Andrés Bello

China pushes for Argentina to join BRICS

During a meeting between Zhao Leji, the president of the Chinese People’s Assembly, and Argentine officials, including national deputy Máximo Kirchner and the head of the Chamber of Deputies, Cecilia Moreau, China expressed its support for Argentina’s entry into the BRICS group, which consists of Brazil, Russia, India, China, and South Africa. The aim of Argentina’s potential membership is to gain access to financial assistance provided by the group.
Fundación Andrés Bello

Huawei Cloud boosts technology cooperation with Latin America at COMPASS Summit

The Huawei Cloud COMPASS Summit for Latin America, held in Shenzhen, China, brought together representatives from various Latin American countries and industries to explore cooperation opportunities in cloud technology. The event showcased Huawei Cloud’s internet solutions tailored for the Latin American market, including sectors such as media and entertainment, e-commerce, fintech, and online education.

Fundación Andrés Bello

Venezuela and China reaffirm commitment to strengthen the pharmaceutical industry and cooperate on hydrocarbons

Magaly Gutiérrez, the representative of President Nicolás Maduro’s Ministry of Health, had a meeting with Xuetao Cao, the Vice-Minister of the National Health Commission of China, during the World Health Organization (WHO) assembly in Geneva, Switzerland. Gutiérrez expressed their commitment to further advance the agreements established with China, particularly in strengthening Venezuela’s national pharmaceutical industry, focusing on the quality of medicines and the revitalization of nuclear medicine.
Fundación Andrés Bello

Mexico and China foster friendly and academic relations through the “Chinese Bridge” Contest for elementary school students

The 3rd “Puente Chino” Contest for Elementary School Students, themed “Chino Alegre y Divertido” (Happy and Fun Chinese), was successfully held in Mexico City. This contest, organized by the Embassy of China in Mexico, is designed to enhance cultural and academic ties between Mexico and China. Eighteen participants between the ages of 10 and 12 showcased their Chinese language skills and participated in artistic activities such as singing, dancing, and calligraphy.The 3rd “Puente Chino” Contest for Elementary School Students, themed “Chino Alegre y Divertido” (Happy and Fun Chinese), was successfully held in Mexico City. This contest, organized by the Embassy of China in Mexico, is designed to enhance cultural and academic ties between Mexico and China. Eighteen participants between the ages of 10 and 12 showcased their Chinese language skills and participated in artistic activities such as singing, dancing, and calligraphy.
Fundación Andrés Bello

Peru is awarded for its tourism promotion actions in China

Peru’s efforts to promote tourism in China were recognized at the Chinese Tourist Welcome (CTW) awards ceremony held in Guangzhou. The country received the gold award in the “Internet-Media” category for its successful initiatives to attract Chinese tourists with high purchasing power, particularly through digital platforms.
Fundación Andrés Bello

Chancay: The Chinese port that could change Peru’s economic outlook and challenge Chile

The construction of Chancay, China’s first port in Latin America, in Peru by the state-owned shipping company Cosco Shipping is a significant development designed to establish a major logistics hub in the region. With a substantial investment of over US$3 billion, the port is expected to be operational by the second half of 2024 and is anticipated to have a profound impact on the Peruvian economy.
Fundación Andrés Bello

Trade agreement between Ecuador and China put on hold after President Lasso’s decision

The trade agreement signed between Ecuador and China on May 10 is currently facing uncertainty following President Guillermo Lasso’s decision to dissolve the opposition-led National Assembly through the issuance of the decree of cross death. This has raised concerns about the ratification of the agreement, as the Minister of Government, Henry Cucalón, stated that it cannot enter into force during this period.
Fundación Andrés Bello

Chinese company Sinohydro under scrutiny for bribe payments in Latin American projects

The Chinese company Sinohydro is currently under investigation for alleged corruption in Ecuador, specifically related to the Coca Codo Sinclair project. It has been discovered that the company made bribe payments totaling US$76 million, which were subsequently deposited in accounts in Panama and distributed among various individuals, Ecuadorian companies, and foreign companies in tax havens.
Fundación Andrés Bello
« Previous Page — Next Page »