Trade between China and Latin American and Caribbean (LAC) countries smashed records in 2024, soaring past $500 billion – a 40-fold jump since the start of the century! Chinese President Xi Jinping announced the milestone during his keynote speech at the China-CELAC Forum in Beijing, calling it a 'win-win partnership for the digital age.'
'This isn't just about numbers,' Xi emphasized. 'It's about building bridges for green energy, tech innovation, and sustainable development.' The forum, attended by representatives from 33 LAC countries, highlighted plans to expand cooperation in AI, renewable resources, and e-commerce.
Fun fact: Back in 2000, annual trade between these regions was just $12 billion – now it's equivalent to buying 1.25 billion avocado toasts in today's prices! The surge reflects growing ties in everything from Brazilian soybeans to Chilean lithium for electric vehicles.
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Trade between China and LAC countries exceeded $500b in 2024, Xi says
cgtn.com