Chinese and regional business people talk trade

Some 500 Latin American and about 300 Chinese are meeting in Costa Rica in a summit to explore business opportunities.

The participants are from business, government and international organizations.

The Latin American participants come from all over the region.

China continues to make commercial inroads into the Western Hemisphere, and trade has increased substantially.

Participants at the summit heard that Latin American and China engaged in $258 billion in trade in 2012. Exports ranged from Chilean wine to microprocessors from Costa Rica.

The trade summit has been an annual event since 2007. This year’s encounter is in Costa Rica and organized by the Ministerio de Comercio Exterior, the Promotora del Comercio Exterior and the Coalici√≥n Costarricense de Iniciativas para el Desarrollo .

Today there will be some 1,500 face-to-face meetings between hemispheric and Chinese business people.

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