Category: News

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

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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Chinese financing to upgrade Argentina’s power grid

On January 13, the Argentine Energy Secretariat met with China Electric Power Equipment and Technology (CET) to sign a project for the construction of a new power transformer station in the South American country.
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The rise of Artificial Intelligence

In 2019, China and Cuba announced the creation of the International Artificial Intelligence Research Institute. However, it was not until January of this year that such cooperation was provided.

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Grisel Sanchez asks Nicaraguan president to “dust off” bilateral agreements between China and the Dominican Republic

Grisel Sánchez, community leader of the Central Committee of the Dominican Liberation Party (PLD) demanded that the Government “dust off” some bilateral agreements signed between China and the Dominican Republic.
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