China Trade With Latin America Rises 7% in Value in First Half

Trade in goods between China and Latin America rose 7% year-on-year in the first half in yuan terms, as countries including Mexico and Brazil stepped up purchases of manufacturing equipment and Chinese automakers raced to expand operations in the region.

During that period, China’s shipments to Latin American countries surged 6% to 819.3 billion yuan ($115 billion), data released Thursday by the General Administration of Customs show.