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Latin America has become China's second largest foreign investment destination

Source: Yiwu sourcing agent    Author: Helan      Date: 2012-06-19

Yesterday held in Harbin, China - Latin America and the Caribbean business opportunities to promote the meeting was informed that as of the end of 2011, China, Latin America's non-financial investment stock of $ 54 billion in 2011 investment flows of $ 10.1 billion, accounting for the non-financial overseas direct investment of 16.8 percent, Latin America has become China's second largest foreign investment destination.
  China CCPIT Vice Chairman Zhang Wei in the promotion conference, Sino-Latin American trade in 2011 amounted to $ 241.5 billion, an increase of 31.5%; China is the third largest trading partner in Latin America after the United States and the European Union, and largest trading partner of Brazil and Chile and Argentina, Mexico, Peru and Venezuela's second largest trading partner; with Chile, Peru and Costa Rica, China has signed bilateral free trade agreements, to further promote the development of economic and trade relations with these countries .



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