Tag: Commerce

Bilateral relations between China and Ecuador

This year officially marked the beginning of negotiations between Ecuador and China with a view to signing an FTA. The most recent meeting have involved different roundtables which have worked on different issues.

Corruption scandals in Bolivia

China’s companies CAMC Engineering Co Ltd (CAMC) and YLB have been at the center of several controversies involving corruption due to a the construction of a water treatment plant in the Uyuni Salt Flat, in Potosí in Bolivia.

China advances towards Latin America

A meeting was held between China’s Foreign Ministry’s LAC director general, Cai Wei, and ALADI general secretary, Sergio Abreu in which the former manifested China’s interest in assimilating Latin American trade, understanding how it works, its strategies and instruments, and its application of the most favored nation principle.

Stori, a Mexican fintech known for its digital credit card, is LatAm’s new unicorn

Stori, a Mexican developer of financial technology products founded in 2018 was the latest investment by Chinese private equity firms Bertelsmann Asia Investments (BAI) and Vision Plus Capital.

INVAP signed an agreement with China to export reactors and produce radioisotopes

The Applied Research Institute in Argentina (INVAP) has signed a cooperation agreement with the companies Jianxi Nuclear Power and Shanghai Nuclear Engineering Research & Design Institute, focusing on the export of reactors and the production of radioactive isotopes for medicine.

Chinese company buys lithium mines belonging to Argentine mining group for US$ 962 million

Ganfeng Lithium Co. Ltd recently acquired the Argentinean mining group Lithea for USD $962 million, providing it with the rights to two salt lake brines in Argentina, Pozuelos and Paston Grandes.

China and CELAC deepen cooperation to reduce poverty

The second forum on CELAC-China relations was held online on July 14. This time, the attendees addressed poverty reduction, aimed at sustainable development, identifying similarities between poverty in China and poverty in CELAC countries.

Growing bilateral trade between Peru and China

According to the Chinese ambassador in Peru, Liang Yu, the trade volume between both countries exceeded US $37,000 in 2021.

Argentina wants to join BRICS with support from China and Brazil

The BRICS group of emerging economies held its annual summit the week beginning June 20. The Argentine government was a special guest at the meeting and once again expressed its interest in participating in the group.

Slowdown in Chinese demand affects Argentine meat exports

Argentina suffered a 7% drop in the volume of its beef exports in the first four months of this year, largely due to a slowdown in demand from the PRC, its main buyer.
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