On the sidelines of the Beijing 2022 Winter Olympics over the weekend, China and Ecuador signed a memorandum on the official launch of the negotiations of a China-Ecuador free trade agreement, and also discussed debt renegotiations.

The Brazilian government is reportedly anxious about renewing its beef trade with China after a suspension of Brazilian exports due to cases of mad cow disease. It seems as though China is taking longer than expected to resolve the issue with its Brazilian counterparts. Brazil is a major source of