Thursday, July 24, 2014

China pushing for close economic ties with Cuba

Chinese President Xi Jinping has declared that Cuba’s economic reforms could lead to greater commercial ties between the two nations.      
Mr Xi made the comment while he was in Cuba on Tuesday as part of  a nine-day tour of  Latin America that has highlighted China’s growing ties to the region. He previously visited Brazil, Venezuela and Argentina.      
The Chinese President said, given the reforms, Cuba could attract significant Chinese investments.    
Under Raul Castro, Cuba has decentralised state-owned enterprises, legalised home and used car sales and let hundreds of  thousands of people open or work for small businesses.     


View the original article here



China pushing for close economic ties with Cuba