Tag: investments

Chinese auto manufacturer Chery receives US$ 50 million investment for Colombian market

Grupo Vardí invests US$50 million in Chery to strengthen its presence in Colombia.

During the AMLO government, Chinese investment has tripled

Chinese foreign investment in Mexico triples under the administration of Andrés Manuel López Obrador.

Brazil signs historic energy agreement with China’s State Grid Corp

Brazil and State Grid Corp. sign a landmark power transmission agreement, marking a milestone in the country’s energy history.

China’s presence in Chilean business increases by 1,300%

In the last seven years, China has experienced a remarkable increase in its presence in Chilean business, showing a growth of 1,300%.

BYD and Raízen announce the construction of nine solar farms in Brazil

BYD and Raízen join forces in the construction of new solar plants to promote renewable energy in Brazil.

Chinese company to build $405 million dollar port in Peru

Peru awarded Chinese company Jinzhao the construction of the new port terminal in San Juan de Marcona, with an investment of $405 million.

Venezuela Will Begin Business Rounds with Chinese Entrepreneurs to Consolidate a Special Economic Zone in the Country

During the seventeenth edition of the ‘Con Maduro +’ program, Venezuela’s President Nicolás Maduro announced  the commencement of negotiations with the province of Shenzhen to boost the development of the Special Economic Zone (SEZ) between La Guaira and the Asian city. He highlighted Shenzhen’s significant annual exports, solidifying its position as China’s largest exporter, and emphasized the importance of engaging with the city’s three major companies to discuss the implementation of the SEZ.

Honduras Appoints Its First Ambassador to China

Honduras’ President, Xiomara Castro, officially appointed Salvador Moncada as the first Honduran Ambassador to China, marking a historic milestone following the establishment of diplomatic relations with China and the severance of ties with Taiwan in March. Moncada, a 78-year-old Honduran scientist with British citizenship, is renowned for his significant contributions in the field of cardiac treatments developed in laboratories in London. Following his appointment, Moncada noted that various initiatives are already being explored with China in areas ranging from infrastructure to science and technology, with a special emphasis on ongoing negotiations for a Free Trade Agreement.

Chinese billionaire Jack Ma considers investing in Uruguay’s meat sector

The founder of Alibaba, Jack Ma, made a three-day private visit to the Solís Meatpacking Plant in Lavalleja, Uruguay, according to business sources confirmed by El Observador. Although he did not engage with national authorities, a commercial secretary from the Chinese embassy in Uruguay reportedly accompanied the billionaire.

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.
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