China-LatAm win-win cooperation debunks accusations

0 Comment(s)Print E-mail Xinhua, May 25, 2015
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Chinese Premier Li Keqiang arrives in Santiago, Chile, May 24, 2015. Li Keqiang arrived here Sunday for an official visit to Chile. [Xinhua/Liu Weibing]



China-Latin America cooperation is based on the complementarity of their respective resources and advantages, and the fruitful results have proved that those neocolonialism charges fabricated and hyped by some Western countries are completely baseless.

Against the backdrop of a weak global economic recovery, almost all developing economies, including China and Latin American countries, are faced with challenges in maintaining economic growth.

For the two sides, to build fresh economic momentum through structural reform and to expand opening-up serve as a top priority in further improving people's livelihood.

Given that, it is natural for China and Latin America to get closer, as China boasts advanced technology, necessary equipment and sufficient production capacity -- all at reasonable prices -- which the region needs badly for its economic pursuits.

In fact, in order to walk out of difficulties, all countries around the world, either developed or developing, should seek a breakthrough and cooperate in real economy.

Therefore, China-Latin America cooperation in production capacity goes with the trend.

Take Brazil as an example. The emerging economy is in urgent need of raw materials and equipment in its industrialization process and infrastructure construction.

In this case, both sides will benefit when Chinese enterprises cooperate with their Brazilian counterparts to open plants there to boost production, build infrastructure, increase employment and upgrade local industry.

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