LIMA – Bolivia has selected the Chinese company Xinjiang Tbea Group as a “strategic partner” for the implementation of several of the lithium industrialization projects in which it is expected to invest US$ 2.3 billion. […]
BEIJING – Latin America ranks second in Chinese investment abroad, only after Asia, the Chinese Ministry of Commerce said, adding that China has become Latin America’s second largest trading partner. “In recent years, the economic […]
SANTIAGO/BEIJING – Chile’s foreign minister on Friday arrived at the National Development and Reform Commission of China to sign the cooperation agreement between both countries, within the framework of the Beijing’s ambitious global infrastructure project […]
PANAMA CITY – U.S. Secretary of State Mike Pompeo has asked Latin America to be alert to the increase in China’s investments in the region because sometimes the countries have been “worse off” after negotiating […]
SANTIAGO – Walmart has reached an agreement to acquire Cornershop, a leading online on-demand marketplace in Mexico and Chile, the world’s leading retailer said in a statement on Thursday. The deal, worth $225 million, “is […]
CONCEPCIÓN – Finnish company Valmet, known for paper, pulp and energy industries, has decided to build a service center in Chile to further develop its local presence close to customers in South America, it said […]
SANTIAGO – InvestChile, the Foreign Investment Promotion Agency, reports the South American country registered direct foreign investment flows of US$ 6,875 million in the first quarter of this year, according to figures published by the […]
SANTIAGO – With a rise of just 1.6% of the Gross Domestic Product in 2017, Chile returns to occupy for the fourth consecutive year the last place in terms of economic growth among the countries […]
SANTIAGO – At its monetary policy meeting on Thursday, The Board of the Central Bank of Chile avoided surprising the market and agreed for the sixth consecutive month to keep the monetary policy interest rate […]
BUENOS AIRES – Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in […]
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