Xi Courts Latin America
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President Xi Jinping vowed on Tuesday to boost China's footprint in Latin America and the Caribbean with a new $9 billion credit line and fresh infrastructure investment, although Brazil warned the region not to become overly reliant on foreign funding.
A day after China and the U.S. agreed to a 90-day truce in their tariffs stalemate, China is moving to strengthen its alliances as a counterweight to President Donald Trump's trade war.
BRASILIA (Reuters) -The United States should look more generously at Latin America and South America, Brazil Finance Minister Fernando Haddad said on Monday, arguing that the world's largest economy has "much to gain" from greater industrial development across the continent.
Persistent poverty and reduced international aid hinder progress, but organized crime is key in exacerbating the region’s economic woes.
Beijing has stepped up economic and political cooperation with Latin American nations in recent years. Read more at straitstimes.com. Read more at straitstimes.com.
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Trade between China and Latin America exceeded $500 billion for the first time last year, China's President Xi Jinping said on Tuesday. Xi told Latin American and Caribbean officials it was a great pleasure to have "old and new" friends gather,
Latin American currencies rose to session highs after US inflation data came in softer-than-expected, indicating a limited impact for now of Donald Trump’s tariffs.
President Xi Jinping announced on Tuesday the launch of five programs for cooperation between China and Latin American and Caribbean countries, covering areas such as politics, economic development and people-to-people exchanges, and he called on the two sides to jointly write a new chapter in building the China-LAC community with a shared future.
The project is HYBE's first artist development venture of this scale focused entirely on Latin talent and featuring marquee mentors and coaches.