Tag: Commerce

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.

Fundación Andrés Bello

Chinese companies establish factories to label their products as “Made in Mexico”

Several Chinese companies are investing in Mexico. Taking advantage of an expansive trade agreement with North America (T-MEC) and following a path forged by Japanese and South Korean companies, a number of Chinese firms have set up factories that enable them to label their products as “Made in Mexico” and then transport them duty-free to the United States.
Fundación Andrés Bello

Argentina at the 10th China Science and Technology City International High-Tech Expo

The 10th China Science and Technology City International High-Tech Expo took place from November 16 to 19 in the city of Mianyang, Sichuan province. Argentina was the guest of honor.
Fundación Andrés Bello

Asia Pacific Economic Forum (APEC) 2022

The last Asia Pacific Economic Forum (APEC) meeting was held in Thailand on November 16. Chilean President Gabriel Boric also attended the meeting
Fundación Andrés Bello

Foreign exchange trading facilities between Argentina and the People’s Republic of China

The President of China, Xi Jinping, met with Argentine President, Alberto Fernández, on November 15, on the occasion of the G20 summit in Bali. The leaders agreed to extend a foreign exchange agreement for US$ 5 billion.
Fundación Andrés Bello

Costa Rica and the People’s Republic of China cement trade relationship

The PRC-Costa Rica trade relationship increased by 44% this year compared to 2021, meaning that it reached 2.7 million dollars.

Fundación Andrés Bello

Increased Importation of New Energy Vehicles from China

Latin America’s consumption of New Energy Vehicles has recently increased, with Chinese-imported electric vehicles having been widely accepted by the region’s population.

Fundación Andrés Bello

Chinese maritime fishing fleet expansion is out of control in Latin America

The PRC’s fleet is one of the largest dedicated to squid fishery. This has provoked concern for local fishermen engaged in the activity, as well as various public and private institutions in South America.
Fundación Andrés Bello

Argentina seeks new investments in the People’s Republic of China with its own mining model

Sabino Vaca Narvaja, Argentina’s current ambassador to China, stated at the China Mining fair that the Argentine government’s objective is for the country “to have its own mining model, with clear rules, predictability and legal security for large long-term investments from China.”
Fundación Andrés Bello

China: Chile’s major clothing supplier

Currently, China is the largest exporter of clothing to Chile, according with the report presented by Chile’s National Chamber of Commerce.
Fundación Andrés Bello
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