Tag: Commerce

Ecuadorian banana exports to China grow stronger

According to the Ecuadorian Association of Banana Exporters (AEBE), the figures for banana exports to the Asian country in the first half of 2022 are encouraging, with a growth rate of 25.24% consolidating China as the main destination in the region.
Fundación Andrés Bello

Chinese company invests heavily in Nuevo Leon, Mexico

The Chinese furniture company Man Wah in Mexico will invest US$200 million to expand its plant in the state of Nuevo León, covering an area of 200,000 square meters and creating up to 8,000 new jobs.

Fundación Andrés Bello

Argentina’s new great trade partner

At the end of July, the Argentine-Chinese Chamber of Production, Industry and Commerce, presented a report entitled “Opportunities and Business with China”, which provides an in-depth analysis of existing economic relations between Argentina and China.

Fundación Andrés Bello

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.
Fundación Andrés Bello

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.

Fundación Andrés Bello

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.

Fundación Andrés Bello

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.
Fundación Andrés Bello

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.

Fundación Andrés Bello

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.

Fundación Andrés Bello

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.

Fundación Andrés Bello
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