Country: Paraguay
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How Paraguay’s Veto Power Could Reshape China’s Trade Future in South America
Amid a flurry of headline-grabbing geopolitical developments, one story has flown largely under the radar: several recent signals from within Paraguay suggest a potential shift in the country’s long-standing diplomatic relationship with Taiwan. While it might seem like just another chapter in the long-running contest between Beijing ...
Photo via China Daily.
By Rebecca Ray In 2024, China extended $6.1 billion in 20 commitments in public and publicly guaranteed (PPG) loans, according to a new update to the China’s Overseas Development Finance (CODF) Database managed by the Boston University Global Development Policy Center (GDP Center). ...
Trade, Not Politics Frame the China-Paraguay Relationship
While political ties between China and Paraguay are increasingly strained over the South American country's commitment to maintain diplomatic relations with Taiwan, economic ties between the two are much more robust. Well, sort of. China is Paraguay's third largest trading partner, ...
Paraguay Expelled a Chinese Diplomat After He Called on the South American Country to Cut Ties With Taiwan
China's Ministry of Foreign Affairs denounced Paraguay's move last week to expel Chinese diplomat Xu Wei for interfering in the South American country's internal affairs. Xu was in Asunción for a UNESCO meeting that he skipped on Thursday to go to parliament, where ...
UPDATE: Paraguay, Pacific Island Leaders to Attend Taiwan Inauguration
Eight heads of state will be among the 51 international delegations attending the inauguration of Taiwan's new leader next week, Taipei said Friday. Incoming president Lai Ching-te will be sworn in on Monday against a backdrop of increasing diplomatic and military ...
Paraguay Leader to Attend Taiwan Inauguration
Paraguay's President Santiago Pena will attend the inauguration of Taiwan's new leader, a high-ranking government official said Thursday. This makes him the first head of state to confirm his presence at the ceremony. The official, speaking on condition of anonymity, told AFP ...
China, Paraguay Trade Barbs Over Soy Trade
The Chinese government refuted claims by Paraguayan President Santiago Peña that even though the South American country maintains diplomatic ties with Taiwan, it will nonetheless continue to sell soybeans to China. "Contrary to what President Peña said, China has imported zero soy ...
China Bolsters Ties With Uruguay in a Bid to Diversify Its Economic Relations in South America
China is moving to bolster its diplomatic ties in South America in a bid to pressure one of the region's lone holdouts that still recognizes Taiwan and diversify its trade beyond the continent's major powers. Uruguayan President Luis Alberto Lacalle Pou ...
Taiwan’s Next Challenge in the Americas: Paraguay
A delegation of lawmakers from Paraguay arrived in Taiwan on Sunday for what will be a critical test for Taipei to hold on to one of its last remaining diplomatic allies. Last September, President Mario Abdo Benítez said it would cost Taipei ...