Li Keqiang in Chile pledges to lift strategic partnership to a new height

Monday, May 25th 2015 - 06:20 UTC

Full article 5 comments

Li will hold talks with President Bachelet and attend an economic and trade symposium on occasion of the 45th anniversary of bilateral diplomatic ties.

Chinese Premier Li Keqiang arrived in Santiago on Sunday for an official visit to Chile, the first South American country with which China forged diplomatic ties (1970) and also the first Latin American nation with which China signed a free trade agreement.

Upon his arrival, Li hailed Chile as a spearhead in developing relations with China in the region.

Li said the main goal of his visit is to consolidate traditional friendship, deepen mutual trust, and comprehensively promote bilateral cooperation in such fields as free trade area, finance, industrial capacity, equipment manufacturing, and infrastructure construction.

”(My visit also aims at) transferring the potential of mutually beneficial cooperation into the impetus for speeding up common development, so as to lift China-Chile strategic partnership to a new height from a new starting point,” said the premier.

During his stay in Santiago, Li is expected to hold talks with Chilean President Michelle Bachelet and attend a joint press conference. They will also attend an economic and trade symposium on the occasion of the 45th anniversary of the establishment of bilateral diplomatic ties.

He is scheduled to deliver a speech at the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago.

Chile is the last leg of Li's four-nation tour to Latin America, which has already taken him to Brazil, Colombia and Peru.

Categories: Economy, Investments, Politics, International, Chile.

Tags: Chile, Chile China, China, Li Keqiang, Michelle Bachelet, United Nations Economic Commission for Latin America and the Caribbean (ECLAC).

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ChrisR
STRATEGIC PARTNERSHIP as long as The Chin are the Senior Partner.

I wonder what is going to happen when the Chinese financial bubble bursts?

Particularly as they will want their money back!
May 25th, 2015 - 11:09 am 0
Chicureo
ChrisR

With all due respect, if China's economy collapses, Europe, North America, Australia and all Asia suffer. Chile has diversified it's trade portfolio, but China is key to trade.

Our current danger is Bachelet's Socialist tax increases which are hindering new investment.
May 25th, 2015 - 11:18 am 0
ChrisR
@ 2 Chicureo
“if China's economy collapses, Europe, North America, Australia and all Asia suffer”

I totally agree, but the way they are fudging the numbers and hiding the systemic problems that they have on the financial side we KNOW that there will be real problems, just not when.

What bothers me as far as the UK is concerned there does not seem to be any recognition that there are these problems and what we should do about coping with them when they arise.

I would imagine that Batchelet is wishing she was still with the UN, given her problems so close to home, literally within her own family.
May 25th, 2015 - 12:44 pm 0

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