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Chinese investments lead in Central America innovation

Monday, November 19, 2012

The most innovative or ambitious investments in Central America, from satellites to inter-oceanic canals, are coming from China -- even though six of the seven countries in this 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 into increased exports to the Asian superpower.

"China's interests have grown, and like any world power, what it has to sell is more than it wants to buy," said Jesus Garza, from the Association of Non-Governmental Organizations of Honduras.

Source: Asia Times