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China expands Latin American ties via trade, infrastructure, and renewable energy under the China-CELAC Framework.
China’s 2024 policy paper on Latin America and the Caribbean outlines a strategic shift toward coordinated regional engagement via the China-CELAC Forum, emphasizing a shared future through development, connectivity, and sustainable growth.
It promotes trade diversification, Belt and Road cooperation, and renewable energy projects, notably in Cuba, with solar and wind initiatives launching in 2025 and planned through 2028.
Economic ties with Brazil, Peru, and Mexico have strengthened, with Brazil topping bilateral trade at over $188 billion in 2024, driven by resource exports and infrastructure investments.
Chinese investment in Mexican manufacturing, especially in automotive and transport equipment, has expanded job creation and supply chains.
The approach prioritizes market-driven partnerships and opposes decoupling, reflecting China’s broader push for integrated, long-term regional cooperation.
China expande los lazos latinoamericanos a través del comercio, la infraestructura y la energía renovable en el marco de China-CELAC.