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China-Chile trade to reach record high in 2021

While the pandemic continues to disrupt supply chains creating unprecedented challenges for international trade, economic cooperation between China and Chile, two countries that are geographically far apart, is expected to hit a record high by surpassing a $55 billion threshold, according to a recent forecast by the Chilean Ambassador in Beijing, Luis Schmidt.

Carnegie Endowment for International Peace Francisco Urdinez Source: Getty Summary:  During the pandemic, Chinese medical and equipment supplies to Chile have come mostly from a diverse cast of Chinese players with local experience in Chile. They adapted to Chile’s unique system of emergency and disaster management. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Preface China has become a global power, but there is too little debate about how this has happened and what it means. Many argue that China exports its developmental model and imposes it o...

Chinese advances in Chile Click to read this article in English Image Credit: Feng Yongbin/China Daily  For more than twenty years, successive Chilean governments, on both the right and the left, have sought to integrate their country, with its back to the Andes mountains, into the Pacific rim’s flourishing economy. Chile has already tied itself to Asia and other parts of the world through Latin America’s most extensive web of free trade agreements, including the first and, arguably, the most advanced FTA with the People’s Republic of China (PRC), the 2005 Trans-Pacific Strategic Econo...