chile mulls attracting more chinese direct investment
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Chile mulls attracting more Chinese direct investment

Egypt Today, egypt today

Egypt Today, egypt today Chile mulls attracting more Chinese direct investment

Man chucks stable job to run errands
Santiago - Xinhua

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

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chile mulls attracting more chinese direct investment chile mulls attracting more chinese direct investment



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