Corruption scandals in Bolivia

China’s companies CAMC Engineering Co Ltd (CAMC) and YLB have been at the center of several controversies involving corruption due to a the construction of a water treatment plant in the Uyuni Salt Flat, in Potosí in Bolivia.

China advances towards Latin America

A meeting was held between China’s Foreign Ministry’s LAC director general, Cai Wei, and ALADI general secretary, Sergio Abreu in which the former manifested China’s interest in assimilating Latin American trade, understanding how it works, its strategies and instruments, and its application of the most favored nation principle.

Illegal Fishing in Uruguay

The difference between ilegal and Unregulated fishing is evident in the controversy surrounding the fishing vessel Lu Rong Yuan Yu 606 of Chinese origin, recently captured in Uruguayan waters, and whose illegality could not be concluded due to language difficulties.

Russia, Iran, and China show their military strength during maneuvers in Venezuela

The International Army Games 2022 will be held from August 13 to 27 and will take place in 12 countries, including Venezuela. Two hundred and seventy-five teams from more than 30 countries, including China, Iran, and Russia, will participate in this event.

The squid game: Uruguayan Navy pursues and captures Chinese jigging boat

Illegal, unreported and unregulated fishing is considered the sixth largest illicit economy in the world. In some cases, such as Mexico, it can represent up to 50% of the fishing demand. Uruguay was subject to this issue, which led to the arrest of the vessel Lu Rong Yuan Yu 606, after a chase that took place on July 4.

Stori, a Mexican fintech known for its digital credit card, is LatAm’s new unicorn

Stori, a Mexican developer of financial technology products founded in 2018 was the latest investment by Chinese private equity firms Bertelsmann Asia Investments (BAI) and Vision Plus Capital.

Chinese Foreign Ministry head to visit Uruguay in the middle of a tour of the continent

The Director General of the Department of Latin America and the Caribbean of the Chinese Ministry of Foreign Affairs, Cai Wei, has been in constant contact with the Latin American and Caribbean region since early last year with a particular interest in Uruguay.

INVAP signed an agreement with China to export reactors and produce radioisotopes

The Applied Research Institute in Argentina (INVAP) has signed a cooperation agreement with the companies Jianxi Nuclear Power and Shanghai Nuclear Engineering Research & Design Institute, focusing on the export of reactors and the production of radioactive isotopes for medicine.

Argentina says it has China’s backing to join BRICS group

Within the framework of this meeting, Foreign Minister Santiago Cafiero and the Chinese Minister of Foreign Affairs and State Councilor, Wang Yi, had a meeting in which the Chinese official expressed his support for Argentina to join the BRICS group.

Chinese company buys lithium mines belonging to Argentine mining group for US$ 962 million

Ganfeng Lithium Co. Ltd recently acquired the Argentinean mining group Lithea for USD $962 million, providing it with the rights to two salt lake brines in Argentina, Pozuelos and Paston Grandes.

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