Author: Fundación Andrés Bello

First cooperation project between Nicaragua and China

On December 9, 2021, after three decades of diplomatic relations with Taiwan, Nicaragua recognized the government of the People’s Republic of China. President Xi Jinping sent a delegation to the Central American country to conclude a new agreement. This will be the first cooperation project between the two countries and consists of a housing program.
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Opening of the Mexico-China Forum 2022: Recovery in Action

During the inauguration of the Mexico-China 2022 Forum: Recovery in action, Cora Cecilia Pinedo Alonso, the chair of the Asia-Pacific-Africa Foreign Relations Commission, said that because of the various crises resulting from the pandemic, Mexico and China are seeking financial recovery through promotions and increased free trade between the two nations to create new areas of opportunity for foreign investment.

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The first meeting between Argentinean President Alberto Fernandez and Xi Jinping

Following the opening of the Olympic Winter Games in Beijing, President Xi Jinping hosted a luncheon at the People’s Palace for the heads of state attending the opening. Among the guests was Argentine President Alberto Fernandez.

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Progress in Peru’s exports to the Chinese market

PromPerú reported that actions to promote Peruvian coffee in the Chinese market have been carried out through trade offices abroad. This process started in 2018 through reverse missions to Peru, where samples, coffee tastings, seminars, and live broadcasts were presented to the public. As a result, Peruvian coffee shipments to China increased significantly from USD $486, 329 in 2018 to USD$1.7 million in 2021.

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Mexico-China trade reaches record $100 billion in 2021

During a session at the Mexico-China 2022 Forum: Recovery in action, the embassy’s Counsellor for Economic, Commercial and Promotional Affairs, Santiago Toledo, stated that the relationship between Mexico and China has been deepening in recent years, and assured that by 2022, all trade records between the two countries will be broken.

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Guyana’s booming economy boosts bilateral trade with China

Estimates by the Economic Commission for Latin America and the Caribbean (ECLAC) show Guyana’s economy expanding by 46%, making it one of the few countries in the Latin American and Caribbean region to show economic growth. The Chinese government noted that Guyana’s economic boom, driven by the oil and gas sector, has resulted in a doubling of bilateral trade in the past two years.
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Joe Vieira Park, a new monument of friendship between Guyana and China

Joe Viera Park is located in Schoonord, West Bank Demerara in Guyana. The park is currently abandoned and is serving as a habitat for local wildlife. In 2022, the People’s Republic of China (PRC) and Guyana will be celebrating their 50th anniversary of diplomatic relations which were established in 1972. To mark the occasion, the PRC has decided to invest US$10-12 million to build a Friendship Park between the two countries, using the Joe Viera Park as a base.
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Online summer camp strengthens relations between Panama and China

On January 6, the Confucius Institute at Universidad de Panama inaugurated the online summer camp to bring the 10 participating countries in Latin America and the Caribbean closer to traditional Chinese culture. Panama, Jamaica, Bolivia, Colombia, Costa Rica, Guyana, Peru, Mexico, Chile, and Ecuador participated in the event.

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Chirey, the new car brand coming to Mexico

Chirey, a Chinese car brand, is traded on international markets including Argentina, Chile, Peru, and Brazil, and is looking to expand into the Mexican market.

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China and Bolivia join forces to build a gas plant

President Luis Arce continues to work on the development plans for Bolivia. In 2021 Bolivia had signed a project with the Chinese company Sinosteel to build a plant for steel extraction and a gas plant will be built in the same complex in 2022.
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