After the major headline hogging BRICS summit, the next news event that has been watched closely is the Chinese President Xi Jinping’s visit to Latin America. The visit was marked by an ambitious outlook as China intends to boost trade to $500 billion dollars in the next ten years and announced a $20 billion Chinese fund to finance infrastructure projects in Latin America and the Caribbean (LAC). Other significant announcements included an additional credit line of $10 billion for the Community of Latin American and Caribbean States (CELAC) from Bank of China and Sino-Brazilian collaboration to start working on a railway project across South America linking the Brazilian Atlantic coast … Continue reading Jhinuk Chowdhury