Nicaragua and China strengthen commercial ties with FTA signing in virtual event

Nicaragua and China signed a Free Trade Agreement (FTA) in a virtual event, strengthening their trade ties following the establishment of bilateral diplomatic relations in 2021. This agreement, which marked a significant milestone in the economic and trade relations between the two countries, is expected to enhance their trade and economic exchange. However, no specific details regarding the FTA’s content, including the covered products, were disclosed.

The U.S. monitors China’s progress in Latin American economies

A report by the U.S. Congressional Research Service (CRS) states that the U.S. government is closely monitoring China’s advance in Latin American economies, including Mexico. The document notes that China has been increasingly engaged in Latin America and the Caribbean (LAC) since 2001, particularly in diplomatic and economic terms.

China outranks Colombia, Brazil and Peru as the largest Amazonian fish producer

In 2020, 59,400 tons of this species were produced in the Asian country, while Colombia produced 33,000 tons, Vietnam: 23,000, Peru: 2,100, and Brazil: 1,800. This is due to the fact that China, together with other Southeast Asian countries, has not only focused on fish production for human consumption, but has also become a leader in breeding Amazonian ornamental fish.

Manufacturing of Sinovac Vaccines in Chile

At the end 2021, Sinovac Biotech announced plans to build a vaccine production plant in Chile. The plant,is expected to be ready by 2023.

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.

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.

Huawei announces cloud expansion in Latin America

The Chinese tech company Huawei announced the expansion and improvement of its cloud business in Latin America, to boost digital transformation and development in the region.

China-Latin America retrospective art exchange exhibition

On September 17, the Retrospective Exhibition of Art Exchange between China and Latin America was inaugurated in the city of Xi’an, capital of Shaanxi province, located in the northwest of the Asian country

Minister of Foreign Affairs of Guatemala affirms support to Taiwan

Guatemala’s Minister of Foreign Affairs, Mario Búcaro, visited Taiwan to show his “support”.

Growing presence of the People’s Republic of China in Latin America

China’s (PRC) great commitment in the last decade has been of great importance, the Asian country saw a great opportunity in the region and has pushed to maintain an important presence.

Next Page »