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Article: Trade with Latin America
- Article from:
- China Daily
- Article date:
- March 3, 2005
CopyrightCopyright 2005 China Daily. Provided by ProQuest LLC. (Hide copyright information)
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The Western media have made accusations that China's trade with
Latin America has hurt the interests of the countries involved. These
are groundless, says an article in People's Daily. An excerpt
follows:
Economic relations between China and Latin America developed
smoothly in 2004. Statistics show that the total trade volume of
imports and exports stood at US$40 billion, an increase of 49.3 per
cent over the previous year. By the end of 2004, China's investment
overseas had reached US$37 billion, half of which was in Latin
America. Countries in the region are glad to co-operate with China