
Chile's foreign investment promotion agency InvestChile is trying to work out strategic plans to draw more investment from China, the director of InvestChile has said.
"China is a real opportunity in terms of investment. We are working to identify the correct strategy to grab the attention of Chinese companies that want to make foreign direct investment in Chile," Carlos Alvarez was quoted as saying Thursday by the Pulso daily.
Alvarez noted that the plan is expected to mainly target those Chinese companies "who want to bring their own capital to Chile to manufacture in the country, and hopefully export to other destinations."
He said this strategy would be finished next year, with a particular focus on global services.
Besides China's appeal as the second-largest economy in the world, another reason why Chile is turning to the East is the increasing uncertainty about the trade policy of U.S. President-elect Donald Trump as well as the rise of trade protectionism in the Western Hemisphere, Alvarez said.
source: Xinhua
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor