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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]
With China's influence in Latin America during this early period, countries a part of the Mercosur organization also experienced changes within their trade evaluations. [11] The rate of soybean production of five South American countries a part of Mercosur witnessed a 221.4% growth from 1995 to 2010.
Chinese immigrants working in the cotton crop (1890) in Peru.. The first Asian Latin Americans were Filipinos who made their way to Latin America (primarily to Cuba and Mexico and secondarily to Argentina, Colombia, Panama and Peru) in the 16th century, as slaves, crew members, and prisoners during the Spanish colonial rule of the Philippines through the Viceroyalty of New Spain, with its ...
Like many other Latin American nations, early contact between Ecuador and China consisted of the flow of Chinese migrants into the nation during the late nineteenth century. Many of these migrants, who were primarily from the Guangdong province, were fleeing the political and economic strife which had destabilized China during that time. [7]
It was the first visit by a Chinese head of government in Latin America. In 1971, Mexico decided to break formal diplomatic relations with the Republic of China after the successful passing of Resolution 2758 at the United Nations recognizing the People's Republic of China as the only legitimate representative of China to the United Nations.
Venezuela has expressed public support for China's Belt and Road Initiative. In September 2018 Maduro traveled to China to strengthen bilateral relations through the BRI. The exact details of any deals have yet to be disclosed. [21] Of the $150 billion the Chinese Development Bank loaned to Latin America in the past 12 years, a third went to ...
China plays an increasing important role of economic and developmental importance in the region and the relations with China have increased steadily over time. The Caribbean's relations with China, are largely defined as either: the People's Republic of China (PRC; "China") or the Republic of China (ROC; "Taiwan"). As of 2025, nine states in ...