Chinese car brands develop commercial strategies in Latin America

BYD and Jaecoo are leading the competition in electric and gasoline cars in Latin America, deploying ambitious strategies to consolidate their presence in the region.

Trade between China and Latin America reached US 489 billion in 2023

Report of the Customs Administration of the People’s Republic of China on trade between China and Latin America anticipates an increase in trade exchange.

G77 + China countries gather at the South Summit to push for reforming global governance

More than 100 leaders from the Global South meet to strengthen cooperation and advance global governance reform

Sikyong Penpa Tsering, presidente de los tibetanos en el exilio

The President of the Central Tibetan Administration (CTA) is completes Latin America tour

The leader of the Tibetan community in exile embarked on an official tour to Brazil, Costa Rica, Colombia, Mexico, and the United States.

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.

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