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Varadero Gourmet

New China approach to Latin America and the Caribbean

Kingston.-China published a detailed 16-page document titled China’s Policy Paper on Latin America and the Caribbean, which sets out a new approach to relations between the Americas and the world’s second-largest economy.

The document warrants close reading by governments and the private sector as it describes in considerable detail future Chinese policy towards the Americas on a wide range of topics, including the way China sees relations developing.

Its desire for high-level government and political dialogue; the development of reciprocity in trade, including through free trade agreements; the creation of Chinese financial institutions across the Americas; cooperation on everything from agriculture through to social development; and the establishment of what it describes as closer people-to-people ties.

Source: The Gleaner