Category: News

News related to the Sino- Latin American and the Caribbean relationship.

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.

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.

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.

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.

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.

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.

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.

AMLO seeks agreement with China and South Korea to stop fentanyl  entering Mexico

Mexican President Andrés Manuel López Obrador has stated that his government is currently in negotiations with China and South Korea to reach an agreement aimed at preventing the entry of fentanyl into the country. Recognizing the need for collaboration, he emphasized that there is a willingness from both China and South Korea to provide support in this matter.

Argentine Minister of Economy secures US$ 1 billion in investments after meetings with companies in China

During his visit to China, Argentina’s Minister of Economy, Sergio Massa, reached significant investment and disbursement agreements with Chinese companies amounting to nearly US$ 1 billion. These funds, expected to arrive on July 15, will bolster the public reserves of the Argentine Central Bank, enhancing the country’s economic stability.

Uruguay and China agree on protocols for export of new products

Uruguay has successfully concluded a three-protocol agreement with China, as announced by Fernando Mattos, the Minister of Livestock, Agriculture, and Fisheries (MGAP). The agreement encompasses the export of live aquatic animals, sport horses, and lemons, along with an intensified cooperation between both countries.

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