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.
Argentine brand to be installed in the People’s Republic of China through soccer and dairy products
The Argentina brand went a step further and landed in the People’s Republic of China (PRC) through soccer with a firm objective: to maximize trade and fully promote Argentine products in the Chinese market.
Peruvian communities, government, and MMG Ltd. sign truce to restart operations at Las Bambas
After several weeks of conflict at the “Las Bambas” copper mine, on June 9, the indigenous communities agreed to temporarily suspend their protest in order to guarantee the resumption of operations at the mine.
Justo & Bueno in Colombia will close stores after not receiving resources from Chinese firm to pay off debts
The discount and low-cost chain Justo & Bueno was awaiting a financial injection from the Chinese firm JF Capital. However, on the evening of May 10, the Justo & Bueno chain informed that it regretted that the new owners had not been able to meet the agreed deadlines.
Fourteen Chinese companies to invest in Argentina
The President of Argentina, Alberto Fernandez visited China in February 2022, to meet with President Xi Jinping. The meeting led to a total of 14 Chinese companies signing contracts to invest in Argentina, outside of the Silk Road Agreement, and immediately deploying different economic development projects.