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China invests in Central America … but isn't buying

Thursday, November 1, 2012

From satellites to inter-oceanic canals, the most innovative or ambitious investments in Central America are coming from China – even though six of the seven countries in this sub-region do not have diplomatic ties with the Asian giant.

But Central America is failing to convert China’s major expansion in trade and industry here into increased exports to that giant market.

“China’s interests have grown, and like any world power, what it has to sell is more than it wants to buy,” Jesús Garza said. The cooperative he belongs to forms part of the Association of Non-Governmental Organisations of Honduras, which promotes sustainable business development.

Source: Inter-Press Service