Chinese trade sets its sights on Latin America and the Caribbean

Photo: Merchant Ship. By: Pixabay. Source: Pixabay

A study conducted by researchers at Pontificia Universidad Católica de Chile reveals that China’s relations with Latin America and the Caribbean are becoming increasingly closer. The study highlights that in recent decades investments made by the Asian country in the region have increased from $7 billion to $64 billion and that in the next few years, this could increase significantly more. The study also shows that the relationship between the Community of Latin American and Caribbean States (CELAC) and the PRC has been fundamental for some sectors such as infrastructure and telecommunications, as well as for environmental conservation projects.

It is noteworthy that China maintains closer relations with some countries in the region —El Salvador, for example— where it has recently invested heavily in the infrastructure sector, reflected in the construction of the airport and recreational areas, which has been of great benefit to the Central American country.

Main story:

Noticias de El Salvador. Urquilla, K. Comercio de China creció 26 veces en 20 años en América.

Find out more:

China. Bnamericas.