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Between 2000 and 2009, trade between China and Latin America increased by 1,200% from $10 to $130 billion. [2] According to the Chinese Trade Ministry Counselor Yu Zhong, in 2011 the value of trade increased to $241.5 billion, making China the second largest trading partner of Latin America (the USA is the largest).
China–Peru relations (Chinese: 中秘关系; pinyin: Zhōng mì guānxì; Spanish: Relaciones China-Perú) are foreign relations between the People's Republic of China and the Republic of Peru. Peru is the first Latin American country that China established formal ties with, which was done by the Qing dynasty in August 1875. [ 1 ]
According to preliminary statistics, as of September 2023, China has implemented over 200 infrastructure projects in Latin America, including thousands of kilometers of roads, railways, and light rail systems, more than 100 schools, hospitals, and sports venues, nearly 100 bridges and tunnels, and dozens of airport and port projects.
An exclusive Reuters analysis of U.N. trade data from 2015-2021 shows that outside of Mexico, the top U.S. trade partner, China has overtaken the United States in Latin America and widened the gap ...
It is one of two multilateral cooperation funds created by the Chinese government to advance the economic relationship between China and Latin America. The other is the China-LAC Cooperation Fund. Similar to the investment funds in promoting economic ties, the Special Loan Program for China-Latin America Infrastructure Project is a special ...
Like the rest of the world, Latin America is bracing itself for a bumpy four years - and if the US and China start a full-blown trade war, the region stands to get caught in the crossfire.
China's state-backed Global Times wrote in an editorial published on Monday that the port was a "bridge for practical cooperation between China and Latin America and is by no means a tool for ...
It is one of three multilateral cooperation funds created by the Chinese government to advance the economic relationship between China and Latin America. The other two are Sino-Latin American Production Capacity Cooperation Investment Fund (China-LAC Industrial Cooperation Investment Fund) and the Special Loan Program for China-Latin America ...