China-South America Relations
Total 14 Posts
After ten months of trade negotiations, government officials from China and Ecuador revealed that the bulk of the agreement has been concluded, with only some procedural steps left to be completed. As bilateral trade has grown steadily over the past couple years, the agreement is expected to further bolster trade
After protests put a halt to its mining operations, a Chinese company running a gold mine in Ecuador has brought a lawsuit against the Ecuadorian government under a China-Ecuador bilateral investment treaty.
Last week, China and Ecuador announced an agreement to restructure Ecuador's $4.4 billion in outstanding debt, and also advanced trade talks and said they hoped to reach a trade deal by December.
Chile has long been considered a relatively free market-oriented bastion in South America, with more openness to foreign investment and trade than most countries on the continent. In recent years, though, there have been rising protests from the left against existing economic policies, with concerns raised about inequality and unfairness.