Panama is aiming for stronger ties with China, Varela says

Panama is working to increase its economic partnerships with China, which it hopes will finance more energy and infrastructure projects, President Juan Carlos Varela said in a recent interview.

Chinese companies could replace Brazil's Odebrecht in financing Panama's Chan 2 hydroelectric plant. Panamanian Finance Minister Augusto Arosemena told Reuters his country would be working with the Chinese on hydroelectric projects in the future.

Source: Reuters