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Paraguay courts Taiwanese investors, warns against China reliance | The Asahi Shimbun: Breaking News, Japan News and Analysis

ASUNCION--Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an interview.
South Korea United States Carlos Fernandez Valdovinos Finance Minister Carlos Fernandez Valdovinos South American President Elect Santiago Pena
Source: asahi.com

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Paraguay courts Taiwanese investors, warns against China reliance

Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an interview. Paraguay remains the only South American nation with formal diplomatic relations with Taiwan, which China claims as its own territory. As Paraguay prepares for the Aug. 15 inauguration of the next government, it has reinforced its 70-year friendship with the democratic island, even as China ra...
United States South Korea Richard Chang Lucinda Elliott Carlos Fernandez Valdovinos Daniela Desantis
Source: yahoo.com

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