News

news


Nicaragua participates in global development forum held in China
A delegation from Nicaragua attended a high-level development conference in China, organized by the China Cooperation Agency. Key members of the Nicaraguan administration represented the country. The presidential advisor for investment, trade, and international cooperation, along with the Minister of Finance and Public Credit, met with Lou Zhaouhui, the president of the hosting agency, to strengthen ties.
Read more >
China-Colombia Relations: China seeks to strengthen collaboration with Latin American country
As reported in the article by Sabinna Nicholls, China’s presence in Latin America’s economy has grown significantly in recent decades, with the country emerging as a major player. In just one year, China’s direct investment in Colombia tripled, going from USD $84 million in 2021 to USD $266 million by the end of 2022, as reported by the Banco de la República de Colombia (BRC).
Read more >
Thirty Chinese migrants rescued in their attempt to cross from Colombia to Panama
On July 4th, the Colombian Navy rescued 30 Chinese migrants, 4 women, and 26 men near Cabo Tiburón in the department of Chocó. This happened as they were attempting to cross into Panama. The suspicious vessel was intercepted by Colombian authorities in the Gulf of Urabá. The Chinese citizens were placed under the custody of the Migration Colombia office.
Read more >
Cuban medicine for pancreatic cancer receives approval from China
China’s National Medical Products Administration, the main regulatory body in the sector, has approved the commercialization and use of the Cuban humanized monoclonal antibody Nimotuzumab for the treatment of pancreatic cancer. The decision is based on positive results from clinical studies, the drug’s efficacy in inhibiting the growth of malignant cells, and its successful use since 1998 in Cuba and other countries.
Read more >
Chinese brands lead the Peruvian automotive market with a 20.1% market share: Changan stands out as the leader.
Chinese brands are making significant strides in the Peruvian automotive market, capturing a 20.1% share of light vehicle sales between January and May 2023. Leading the pack is Changan, which has emerged as the standout player, selling 3,957 units during this period and commanding a 5.4% market share. Notably, Changan has witnessed an impressive growth of +64.5% compared to the previous year.Chinese brands are making significant strides in the Peruvian automotive market, capturing a 20.1% share of light vehicle sales between January and May 2023. Leading the pack is Changan, which has emerged as the standout player, selling 3,957 units…
Read more >
Bolivia and Chinese Consortium agree to increase investment to millions of dollars for lithium projects
According to information from the Ministry of Hydrocarbons and Energy of Bolivia, the Chinese consortium Catl Brunp & CMOC (CBC) has increased its investment commitment to $1.4 billion for the construction of two lithium production plants in the Uyuni and Coipasa salt flats. This investment marks a milestone in Bolivia’s energy history and solidifies the country as a reference in lithium industrialization.
Read more >
Venezuela and China strengthen cooperation in infrastructure projects
The Venezuelan government actively participated in the 14th Forum on Infrastructure and Construction Investment in China, aiming to attract new investments to the sector. Led by Minister of Transportation Ramón Velásquez, the Venezuelan delegation engaged with representatives from over 60 countries and leading construction companies. The Venezuelan government actively participated in the 14th Forum on Infrastructure and Construction Investment in China, aiming to attract new investments to the sector. Led by Minister of Transportation Ramón Velásquez, the Venezuelan delegation engaged with representatives from over 60 countries and leading construction companies.
Read more >
Xiomara Castro lands in Shanghai following the inauguration of China’s embassy in Honduras
China inaugurated its embassy in Honduras following the establishment of diplomatic relations in March, while also announcing that Honduran President Xiomara Castro will travel to Beijing. The opening ceremony took place in a hotel ballroom in Tegucigalpa, as Beijing has not yet determined the location for its diplomatic mission. Likewise, Honduras has not determined the location of its embassy in Beijing.
Read more >
China advances in its commitment to boosting the railway sector in Argentina
During a working tour in China, Argentina’s Minister of Transportation, Diego Giuliano, made significant progress in enhancing the country’s railway sector. Agreements were signed for future investments in the railway field, with particular emphasis on the Belgrano Cargas Railway Rehabilitation Project. This project, which involves an investment of $816 million, aims to acquire new wagons, locomotives, and repair existing vehicles.
Read more >
Peru to expand its presence in the Chinese agricultural market
The Minister of Agricultural Development and Irrigation, Nelly Paredes del Catillo, held a meeting with her Chinese counterpart, Tan Renjian, the Minister of Agriculture and Rural Affairs of the People’s Republic of China. During the meeting, they discussed matters of mutual interest and emphasized the need to strengthen the trade ties between the two countries.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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…
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
Peru to optimize the FTA with China
The Minister of Foreign Trade and Tourism of Peru, Juan Carlos Mathews, has announced that the fifth round of negotiations for the optimization of the Free Trade Agreement (FTA) between Peru and China will take place in Beijing from May 30 to June 2. While acknowledging the significant growth in the trade relationship between the two countries, Mathews highlighted the need to address certain areas that are not specified in the current agreement, such as electronic commerce.
Read more >
Petrobras and China Energy International will explore business opportunities in clean energy
The Brazilian state-owned oil company, Petrobras, has announced the creation of a working group in collaboration with the Chinese state-owned company China Energy International to analyze joint business opportunities in the renewable energy and green hydrogen sectors. Both parties intend to develop these opportunities beginning in the second semester of this year.
Read more >
Celebrating the 35th anniversary of Uruguay-China relations
On the occasion of the 35th anniversary of the reestablishment of diplomatic relations between Uruguay and the People’s Republic of China, as well as the 37th anniversary of the Chamber of Commerce, an event was held where former President Julio María Sanguinetti and former Foreign Minister Enrique Iglesias delivered a talk on the historical importance of this event.
Read more >
The sophisticated China-Mexico route for fentanyl 
The Attorney General of the United States, Merrick Garland, described the Sinaloa Cartel, based in Mexico, as “the largest, most violent, and prolific fentanyl trafficking operation in the world” in a statement accompanying extensive charges involving hitmen, cartel leaders, and suppliers such as Rubio and Wu.
Read more >
Argentine ambassador in China promotes Chinese tourism in Argentina to strengthen foreign currency income
The Argentine ambassador to China, Sabino Vaca Narvaja, is placing a strategic emphasis on the development of Chinese tourism in Argentina as a means to enhance the country’s foreign exchange earnings. Vaca Narvaja met with the governor of Hainan province to discuss potential areas of cooperation in trade, sports, and tourism. He proposed a sister city relationship between Hainan and Tierra del Fuego, as well as the possibility of establishing direct flights between the two countries.
Read more >
Chinese mafia network dismantled operating in Chile
In an operation against drug trafficking in Chile, the “Bang de Fujian” gang from Fujian, a coastal province located in southern China, was dismantled by Chilean authorities. The operation led by the Chilean Investigations Police (PDI) resulted in the capture of 21 Chinese citizens and the seizure of seven thousand marijuana plants, 11 safe houses for hiding weapons, 400 rounds of ammunition, four warehouses, and over 600,000 dollars in cash.
Read more >
Venezuela’s Ambassador to China strengthens judicial cooperation in a meeting with the Attorney General
The Ambassador of Venezuela to China, Giuseppe Yoffreda Yorio, held a meeting with China’s Prosecutor General, Ying Yong, to strengtheng judicial cooperation between the two countries. This meeting is part of the Comprehensive Strategic Partnership between China and Venezuela and aligns with the Bolivarian Peace Diplomacy led by President Nicolás Maduro.
Read more >
Honduras and China will negotiate a Free Trade Agreement
After establishing diplomatic relations, Honduras announced that it will soon initiate negotiations for a free trade agreement with China. “We will soon begin negotiations for a free trade agreement with China, which will also be good news and opportunities for access to our products,” stated Enrique Reina, the Honduran Foreign Minister.
Read more >
Ecuador and China sign a historic Free Trade Agreement
The Free Trade Agreement (FTA) between Ecuador and China will be signed this week, marking the most significant trade agreement during the government of Guillermo Lasso. Although the agreement covers the liberalization of trade in goods and includes topics such as rules of origin, sanitary and phytosanitary measures, investment cooperation, and e-commerce, it does not include labor or environmental aspects.
Read more >
China and Brazil strengthen their partnership with new bilateral agreements
China and Brazil have strengthened their ties with the signing of 15 cooperation agreements covering various areas such as trade, technology, and communications. These agreements, sealed during talks between Presidents Xi Jinping and Luiz Inácio Lula da Silva, reinforce the comprehensive strategic partnership between the two countries and are part of China’s Belt and Road Initiative.
Read more >
Record trade between China and Latin America reveals economic challenges for the region
The economic relationship between China and Latin America is undergoing significant changes, according to a report from the Center for Global Development Policy at Boston University. Latin American governments are strengthening ties with China through trade agreements, supply chain investments, and financing projects. Although trade between the two regions has reached record levels, Latin America faces a significant trade deficit with China, posing an economic challenge for the region.
Read more >
Chinese infrastructure projects in Latin America face challenges and criticism
The relationship between China and Latin America has evolved from a focus on raw materials to integration in logistics and value chains. However, infrastructure projects led by China in the region have faced difficulties and challenges, including labor, environmental, and quality issues. Despite this, most Chinese companies have managed to overcome these obstacles and continue to participate in investment transactions and infrastructure projects.
Read more >
Geopolitical tension: Bolivia seeks to industrialize lithium with the backing of China amid concerns from the United States
The dispute over lithium and its industrialization has generated tensions between China, the United States, and Latin American countries. Bolivia seeks to collaborate with China in industrializing its lithium deposits, which has raised concerns in the United States. China, as the leading consumer and manufacturer of lithium batteries, is intended to secure its supply and has formed alliances with lithium-rich countries such as Chile, Argentina, and Bolivia.
Read more >
Taiwan accuses China of snatching its alliance with Paraguay ahead of the presidential elections
The Taiwanese Deputy Minister of Foreign Affairs, Alexander Yui, stated that China is doing everything possible to “snatch” Paraguay away from Taiwan in light of the upcoming general elections scheduled for April 30th. During a parliamentary hearing, the official expressed, “It is a fact that China has been openly courting candidates from all parties,” as quoted by the official agency CNA.
Read more >
Daniel Ortega promotes the presence of China and Russia in Central America: Geopolitical shifts in the region
Nicaraguan President Daniel Ortega has proposed the inclusion of China and Russia as observers in the Central American Integration System (SICA) and the expulsion of Taiwan from the regional organization. During a meeting with the China International Development Cooperation Agency, Ortega emphasized that the majority of countries in the region have already recognized the government of the People’s Republic of China.
Read more >
China strengthens its influence in Latin America through the energy sector
China is increasing its influence in the energy sector in Latin America, with Chile, Brazil, and Peru being the countries where its presence is concentrated in the power distribution market. According to data from Boston University, since 2000, Chinese development banks have financed nearly $10 billion in power generation and distribution projects in the region.
Read more >
Mexico increases the export of medical devices to China
Mexico ranked as the second largest external supplier of medical instruments and devices to China in 2022, recording $2.037 billion, a year-on-year increase of 7%, according to data from the General Administration of Customs of China. As a result, Mexico displaced Germany to the third position ($1.731 billion) and is only surpassed by the United States ($3.253 billion).
Read more >
Venezuela joins China’s Lunar Research Project
The Republic of China has extended an invitation to Venezuela to participate in its International Lunar Research Station (ILRS) project, which is set to be constructed in the early 2030s with Russia’s assistance. This collaborative initiative reflects the shared commitment of both countries to international cooperation in the realm of deep space exploration.
Read more >
Mexico requests China’s help in the fight against fentanyl
Mexican President Andres Manuel Lopez Obrador has reached out to Chinese President Xi Jinping through a letter, seeking assistance in curtailing the flow of fentanyl shipments from China to Mexico. Lopez Obrador explains in the letter that U.S. lawmakers have been holding Mexico responsible for the fentanyl crisis in the United States, even going as far as threatening invasion of Mexican territory.
Read more >
After breaking diplomatic relations with Honduras, Taiwan’s president visits Guatemala and Belize 
Following the termination of diplomatic relations with Honduras, Taiwanese President Tsai Ing-wen embarked on a visit to Guatemala and Belize last week, aiming to strengthen ties with her regional allies. Tsai’s tour, which attracted controversy due to two stopovers in the United States, sought to bolster relationships in the region. In Guatemala, Tsai held a meeting with Guatemalan President Alejandro Giammattei, during which both leaders delivered a joint message reaffirming their close bonds.
Read more >
Uruguayan foreign minister meets with Chinese authorities to promote trade agreement
Uruguay’s Foreign Minister, Francisco Bustillo, is scheduled to travel to China next week for a series of meetings with Chinese authorities aimed at initiating negotiations for a Free Trade Agreement (FTA). Bustillo will hold discussions with Chinese Foreign Minister Qin Gang and Wang Shouwen, the Vice Minister of Commerce and Deputy Representative for International Trade Negotiations of China.
Read more >
China’s dominance in world steel production puts pressure on Latin America’s steel sector
According to studies conducted by the Latin American Steel Association (Alacero), the steel sector in the region is expected to experience a gradual recovery in 2023. However, several factors contribute to the sluggishness, including uncertainties surrounding international trade and domestic policies implemented by China to revive its steel production for industrial recovery.
Read more >
Government of Panama and Chinese consortium agree to restart construction of the Fourth Bridge over the Panama Canal
The Government of Panama has signed an addendum with a Chinese consortium to resume the construction of the Fourth Bridge over the Interoceanic Canal, a significant infrastructure project with a budget of $1.518 billion. The Panama Fourth Bridge Consortium (CPCP), comprising China Communications Construction Company LTD and China Harbour Engineering Company LTD, was initially awarded the project in 2018. However, financing difficulties and design changes led to a suspension of the work in 2020.
Read more >
Chinese, Russian, and U.S. companies join lithium extraction in Bolivia
Yacimientos de Litio Bolivianos (YLB) President, Carlos Ramos, announced that four Chinese companies, namely Citic Guoan, Tbea Group, CATL BRUNP & CMOC (CBC), and Fusion Enertech, have successfully conducted tests of their Direct Lithium Lithiation Extraction (DLE) technology in Bolivia’s Potosí and Oruro salt flats. These companies participated in YLB’s international tender for EDL technology selection, and so far, CBC is the only one that has signed an agreement with the Bolivian government.
Read more >
Brazil and China seal new trade agreements
Brazil and China have jointly announced the establishment of a Clearing House to facilitate business transactions and loans between the two nations, bypassing the need for the U.S. dollar. The Industrial and Commercial Bank of China will serve as the operating bank for the Clearing House in Brazil, enabling Brazilian and Chinese businesses to conduct transactions and loans using the yuan instead of exclusively relying on the dollar, as it has been the case until now.
Read more >
EPM signs contract with Chinese company to promote solar energy project in Colombia
The Colombian company EPM has signed a contract with Powerchina International Group Limited, Colombia branch, to implement the Tepuy Photovoltaic Solar Park, its first large-scale renewable energy project in Colombia. This non-conventional renewable energy project will contribute 83 megawatts of renewable energy to the National Interconnected System (SIN), which could supply a city of 400,000 inhabitants.
Read more >
Sodium-ion batteries: the new China-driven alternative to replace lithium
The Chinese company JAC presented its first electric car powered by a sodium-ion battery, a much more affordable material than lithium. Sodium-ion batteries are the focus of scientific attention given their potential to dethrone lithium as a key mineral in the development of electromobility, which in the future may affect the countries that make up the “lithium triangle” in Latin America.
Read more >
Chinese Minister of Environment highlighted Costa Rica’s contribution to COP15.2
Huan Runqiu, President of COP15 and Minister of Ecology and Environment of China, sent a formal note to the Minister of Environment and Energy of Costa Rica, Franz Tattenbach, to highlight the work of the Costa Rican team at the United Nations Biodiversity Summit (COP15.2). In the message, he acknowledged Costa Rica’s great contribution to achieving the agreement to include the 30×30 target presented by the High Ambition Coalition, which has significantly increased the visibility of COP15 and the conservation of global biodiversity. The COP15 President highlighted the dedication, determination, and leadership of the Costa Rican team during the COP15.2…
Read more >
Boost from China and growing demand: Electric car market in Peru

Photo: Electric Car recharging.jpg. By: Michael Movchin/Felix Müller. Source: WikiCommons. SUNARP figures indicate that that the sale of electric and hybrid vehicles in Peru has grown significantly in recent years. In 2022, 2,680 units of these vehicles were sold, representing an increase of 84.21% over the previous year. Conventional hybrids were the most marketed, followed by pure electric and plug-in hybrids. Despite these advances, the Peruvian market still faces challenges regarding access to credit and the lack of charging stations. China leads the global EV market, thanks to its industrial development and extensive network of charging points. Adoption of these…

Read more >
Chinese vehicles landing in Latin America

Photo: 2015 BYD e6 “Taxi”. By: harry_nl. Source: Flickr. Several Chinese vehicle manufacturers have begun to see Latin America as an important place to establish new plants. In late 2022, Build Your Dreams (BYD) announced that it would be building three new factories in Sao Paulo, Brazil; two will produce chassis for buses, trucks, and automobiles in October 2024, and the third will process lithium and iron phosphate in January 2025. BYD seeks to impact the regional market in Latin America with the construction of these plants, “We will bring a full range of BYD’s passenger NEVs to 17 countries,…

Read more >
A Chinese company will invest US$120 million in lithium production in Jujuy, Argentina
The Chinese company Tsingshan Mining Development S.A. will invest US$120 million to install a hydrogen chloride and sodium hydroxide manufacturing plant in Jujuy, Argentina, to produce lithium carbonate. Construction work is expected to last 18 months and employ more than 1,000 people for the construction period, and some two thousand skilled workers during its operational stage. Tsingshan Holding Group Co., Ltd. operates in the Mining and Metals sector, mainly in the stainless-steel industry.
Read more >
Chinese automaker prepares vehicle plant in Mexico
n April 2023, Jetour will market two gasoline-powered SUVs imported from China. By the end of the year, it will introduce a hybrid unit and in 2024 it will invest in the plant for combustion and electric vehicles. The brand is currently lobbying with different governments – among them Aguascalientes and Guanajuato – to define an investment that could reach 1 billion dollars.
Read more >
Ecuador’s Public Prosecutor’s Office to file bribery charges in Sinohydro case after four-year investigation
The Ecuadorian Attorney General’s Office will finalize the investigation of the so-called INA Papers. After almost four years of investigation, the entity has renamed the process the Sinohydro case. The investigation focuses on a criminal structure that allegedly collected $76 million in bribes to the Chinese company Sinohydro, responsible for the construction of the Coca Codo Sinclair hydroelectric power plant during the government of Rafael Correa.
Read more >
China-Colombia relations are at an all-time high
Ingrid Chaves, director of the Colombian-Chinese Chamber of Commerce, spoke to Portafolio about the progress of diplomatic relations with China and the changes expected with the new government: “this year marks 43 years since the beginning of diplomatic relations and before the pandemic, China became the country’s second partner in trade and the first Asian investor in Colombia,” said Chaves.
Read more >
Huawei in Argentina sanctioned by customs due to undeclared import of software
Huawei’s Argentine subsidiary is being fined by the Argentine Customs for not declaring the import of software, which resulted in unpaid taxes amounting to US$ 28 million and a fine of US$ 2 million. Argentine Customs argued that the Chinese company could not have imported equipment without purchasing the software and without paying the license fees to the parent company in China.
Read more >
Chinese company BYD supports Colombia for sustainable mobility
he Chinese company Build Your Dreams (BYD), a pioneer in providing electric vehicles to Colombia since 2012, expressed its intention to act as an ally to meet the Colombian government’s expectations regarding the progress in the transition to clean energy, with special emphasis on the mobility issue. In an interview with Xinhua, BYD’s general manager in Colombia, Juan Luis Mesa, recalled that the company has offered effective zero emission solutions in more than 70 countries.
Read more >
China, a giant that threatens Ecuador’s tuna supply
While Ecuador continues to be the European Union’s main supplier of tuna loins, China is fast closing in to take over the top spot. Despite the absence of any trade agreement, the European bloc is increasingly shifting its purchases to the Asian country. Ecuador’s share of the tuna market has fallen from 32% to 26%, while China’s grew rapidly from 9% to 24%, between 2015 and 2022.
Read more >
Minerva and high Chinese demand
Minerva affirmed that it will continue to meet Chinese beef demand through four slaughter units, three in Uruguay and one in Argentina. This follows a confirmed case of mad cow disease in the state of Pará in Brazil. Minerva, South America’s leading beef processor and exporter, present in Colombia, Chile, and Paraguay, assured that the strategy will prevent its market share from being affected as China is the largest importer of Brazilian product and has a protocol for suspending business in the event of cases of atypical Bovine Spongiform Encephalopathy, something that has already occurred in the past.
Read more >
China adds road concession to Chile’s infrastructure portfolio
The Chilean government awarded China Railway Construction Corporation (CRCC) the second concession for the Chillán-Collipulli section of Route 5, for an investment of close to US$600 million, further expanding China’s presence in the infrastructure sector in the South American country. The concession includes the construction of a four-lane access road, the widening of 18 km of the existing road, the replacement of 14 bridges, and the repair of 48 others.
Read more >
The Red Cross Society of China donates US$100,000 to help fight forest fires in Chile
China’s Red Cross has donated US$100,000 to the Chilean Red Cross to help areas affected by the forest fires that have ravaged the country’s south-central area. China’s ambassador to Chile, Niu Qingbao, made the announcement at a press conference at the Chilean Red Cross headquarters in Santiago, adding that the Chinese Embassy in Chile is collaborating with the Chilean Association of Municipalities to provide support.
Read more >
Ambassador of Beijing in Panama handed over tactical equipment
The Chinese ambassador to Panama, Wei Qiang, delivered 6 thousand ballistic vests and 6 thousand tactical helmets valued at 4 million dollars to the Panamanian Ministry of Public Security, to “strengthen the cooperation agenda between the two nations.” The Naval Air Service and the National Border Service will receive 1,000 cases and 1,000 bulletproof vests each, while another 4,000 helmets and 4,000 vests will be delivered to the National Police.
Read more >
Economic and technological ties between China and Argentina: a review of their “strategic cooperation”
A U.S. non-governmental organization has published a report on the cooperation between Argentina and China in aerospace development. The report, entitled “The Chinese Communist Party in Argentina: The International Engagement of China’s Space Industry,” explains the hierarchical responsibility that the Communist Party and the People’s Liberation Army have in defining China’s internal economic rules and global strategic plans in projects such as those in Neuquén and San Juan.
Read more >
China and Brazil agree to use the yuan in cross-border transactions

Photo: Chinese yuan. By: faungg’s photos. Source: Flickr. On February 7, China’s central bank informed that it signed a memorandum of cooperation with its Brazilian counterpart for the use of the yuan – the Asian country’s national currency – in border transactions. As explained in a brief communiqué, the agreement will streamline the operations of companies and financial institutions in both countries, as well as bilateral trade and investment. In effect, the agreement gives greater strength to the yuan or renminbi as an alternative currency in international business, given the proliferation of U.S. restrictions on the use of the dollar.…

Read more >
Chinatown in Santo Domingo

Photo: Barrio Chino: By: Apex travel. Source: Wiki commons Santo Domingo’s Chinatown has become an important cultural meeting point between China and the Dominican Republic. Inaugurated in 2008, the neighborhood has restaurants offering both Chinese and Dominican dishes, as well as supermarkets selling Chinese products, a temple, and a Chinese language school. There are also fairs every weekend where visitors can learn about Chinese culture and cuisine, and there are parks and fountains where people can relax. Santo Domingo’s Chinatown is a living testimony of the union and cultural exchange between the Dominican Republic and China that began with its…

Read more >