China is doubling down on partnerships with Latin America and the Caribbean, announcing plans to sync development strategies with the 33-member Community of Latin American and Caribbean States (CELAC) during a high-stakes UN meeting. Foreign Minister Wang Yi called the region a 'vital pillar of the Global South' and stressed shared goals in reshaping global governance. 🌍
🔑 Key highlights:
China remains Latin America’s #2 trading partner 💼
22 countries in the region have joined the Belt and Road Initiative (BRI), with mega-projects advancing 🚢🛣️
10th anniversary of China-CELAC Forum sparks push for upgraded cooperation
Wang praised CELAC’s growing clout, comparing its regional integration efforts to blockbuster team-ups in today’s multipolar world. 'Think of it like the Avengers, but for sustainable development,' joked one analyst. 😄
With over $450 billion in bilateral trade last year, both sides are now crafting a fresh agenda focusing on tech, green energy, and cultural exchanges. CELAC members cheered China’s support, calling it a 'win for developing nations' amid shifting global power dynamics.
