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The ongoing investigation by the Ecuadorian authorities has led to the raid of the offices of Coca Codo Sinclair, a hydroelectric plant built in Ecuador. The construction of this plant involved Sinohydro, a Chinese state-owned company.

Former Minister Batakis signs agreement to finance dams in Santa Cruz province

Silvina Batakis, former Argentina’s Minister of Economy, signed a document in the province of Santa Cruz that reactivated the financing of two dams: Néstor Kirchner and Carlos Cepernic.

China implements soft power in Latin America

At the closing of the 6th China-Latin America and the Caribbean Think Tank Forum, Alicia Bárcena said that cooperation between the People’s Republic of China and Latin America and the Caribbean (LAC) provides an opportunity to reduce global asymmetries.

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.

China-Cuba cooperation to promote tourism

Cuba’s ambassador to the People’s Republic of China, Carlos Miguel Pereira, and the executive director of Caesars Travel Group, Chen Xiaobing, signed an agreement of understanding to promote tourism between the two countries.

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.

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.

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.

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.

Investigations targeting Chinese companies that built hospital in Puno, Perú

In the case of the construction of a hospital in the city of Puno, Peru, China Weihai Construction Group Co Ltd. and China Railway No10 Engineering Group Co Ltd. are being investigated for allegedly obtaining the bid through certain illicit actions.

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