摘要
The financial crisis has provided a new opportunity for Sino-Latin American cooperation.In the past few years, China's economic ties to Latin America have witnessed comparable growth:from 1993 to 2003,China's trade with Latin America increased by 600 percent.Chinese
The financial crisis has provided a new opportunity for Sino-Latin American cooperation. In the past few years, China's economic ties to Latin America have witnessed comparable growth: from 1993 to 2003, China's trade with Latin America increased by 600 percent. Chinese president Hu Jintao set the mark for increasing trade with Latin America to US$100 billion by 2010, a goal easily met when trade surged to US$102.6 billion in 2007, which represents a 42.6 percent increase from 2006. In the first nine months of 2008, it was already up 52 percent from the same period 2007. It is widely believed that China and Latin America share the same pictures in the field of economic development, and increased relations between the two sides are mutually beneficial. Commented on the just-issued Chinese policy paper on Latin America and the Caribbean Region, the first on this topic, Jiang Shixue, vice president of the Chinese Association for Latin American Studies said the document is a clear indication that China is willing to promote Sino-Latin America ties, which will be focused on economics and trade.