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China is seeking deeper trade and investment cooperation with Latin America amid the global economic slowdown and sluggish1 international demand.
"China's export increased 7.9 percent last year. That's no modest figure but still it is the lowest in a decade. With this in mind, we should refocus our attention on rising markets including Latin America."
Bilateral3 trade between China and Latin America increased about 16 percent for the first half of last year to reach nearly $150 billion.
China has become Latin America's third-largest trade partner, and the region's third-largest investment source.
Latin America economy is facing historic opportunities as the upcoming World Cup and the Olympic Games bring enormous development in its infrastructure4 and other sectors5.
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1 sluggish | |
adj.懒惰的,迟钝的,无精打采的 | |
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2 ministry | |
n.(政府的)部;牧师 | |
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3 bilateral | |
adj.双方的,两边的,两侧的 | |
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4 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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5 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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