China-LatAm Summit Opens in Peru

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November 21, 2011

Lima, Nov 21 (Prensa Latina) Peruvian President Ollanta Humala on Monday highlighted China as Peru’s major trading pattern, while an expert said that Asian market has compensated the fall in Peruvian exports to the United States and Europe.

In his speech at the opening of the 5th China-Latin America Entrepreneurial Summit, Humala said that it is important to give everyone in Latin America access to learn the Chinese language and the Spanish language in China.

The Peruvian president pointed out that China has become Peru’s major trading pattern, and noted that trade should be strengthened.

According to economist Juan Carlos Mathews, the Chinese market has been very important for Peru because it has compensated the decrease in Peruvian exports to the United States and Europe, which were affected by the world financial crisis.

“It is important to explore all operations that include added value in trading with China,” said Humala, while adding that the future is to take another step towards industrialization.

The 5th China-Latin America Entrepreneurial Summit is attended by the vice president of the Permanent Committee of the People’s National Assembly of China, Hua Jianmin, as well as 600 Latin American business people and Chinese officials.

Source

About B.J. Murphy

I'm a young socialist and Transhumanist activist within the East Coast region, who writes for the Institute for Ethics and Emerging Technologies (IEET), India Future Society, and Serious Wonder. I'm also the Social Media Manager for Serious Wonder, an Advisory Board Member for the Lifeboat Foundation, and a Co-Editor for Fight Back! News.

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