Tag: Community of Latin American and Caribbean States (CELAC)

China will extend RMB66 billion ($10 billion) in fresh credit lines to Latin American and Caribbean countries. The financing will be denominated in yuan and represents a further internationalization of the Chinese currency. The financing will be used for infrastructure and development projects.

Brazil's already strained ties with the United States are likely to fray even more when President Luiz Inácio Lula da Silva travels in a few weeks to Moscow and Beijing for separate talks with his Russian and Chinese counterparts. The primary focus ...

Chinese President Xi Jinping addressed the final day of a leaders summit of the Community of Latin American and Caribbean States (CELAC) in Buenos Aires on Tuesday, where he renewed calls for closer coordination among developing countries and improved South-South cooperation. The President's ...