The 11th China-Latin America and the Caribbean (China-LAC) Business Summit in Punta del Este, Uruguay, is expected to build bridges in bilateral business cooperation with business owners from both sides keen to open up new markets.
China will become the leading destination for exports from Latin America and the Caribbean in 2017, with growth of 23 percent this year, according to a new report by the UN Economic Commission for Latin America and the Caribbean (ECLAC).
Foreign Minister Mohammad Javad Zarif heading an economic delegation from state and private firms started his trip to six Latin American nations – Cuba, Nicaragua, Ecuador, Chile, Bolivia and Venezuela.
The region's economies shrank by 0.4 percent on average in 2015 and will grow by just 0.2 percent in 2016, according to a latest report from the Economic Commission for Latin America and the Caribbean (ECLAC), Xinhua reported.
'My Friend the Spider' will be published by Lighthouse Publishing Company to introduce Prophet Muhammad (PBUH) to Latin American children concurrent with the screening of Majid Majidi's film 'Muhammad: The Messenger of God'.
For years, Latin America has exported its raw materials to China’s voracious factories, fuelling economic growth. But now that the Asian giant is putting a priority on domestic consumption over industrial production, how will this region react?
Angolans are generally grateful for China’s participation in the reconstruction of their central African country, in spite of the fact that some of the roads and buildings built by Chinese firms are of poor quality, and mainly Chinese laborers have been hired rather than local workers.