Chinese President Signs Deals with Argentina, Brazil, and Venezuela; Next Stop: Cuba

Repeating Islands

China's President Xi waits to greet Cuba's First Vice President of the Council of State Diaz-Canel in Beijing

Marc Frank (Reuters) reports that President Xi Jinping is visiting Cuba “stirring hopes on the island that China will finally invest in the country.” This trip is the latest stop of a four-country visit to Latin America. The trip comes just days after the Chinese president signed a series of oil and mineral deals with Venezuela. He has already signed key deals in Argentina and Brazil. Here are excerpts with a link to the full article below:

Xi was to meet with President Raul Castro on Tuesday and then fly to Santiago de Cuba to see plans to improve port facilities and recovery efforts from Hurricane Sandy, which devastated Cuba’s second city almost two years ago.

Xi was in Brazil last week for a summit of the BRICS nations, which also includes Russia, India and South Africa. He then traveled to Argentina and Venezuela, signing a raft of multi-billion dollar credit and…

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