Bolivia–China relations

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Bolivia–China relations
Map indicating locations of Bolivia and China

Bolivia

China

Bolivia – China relations officially began on July 9, 1985.[1][2]

History[edit]

Since the establishment of diplomatic ties between China and Bolivia in 1985, relations have expanded from economic and cultural ties to military, transport, infrastructure, raw materials, education and other areas.[3]

The two countries celebrated 25th anniversary of diplomatic ties in Beijing, July 9, 2010.[4]

In August 2010, China and Bolivia agreed to continue to develop military ties and cooperation.[5]


Bilateral relations[edit]

Bilateral trade began from very low volumes at approximately $4 million.[2] This increase to over $27.76 million in 2002.[2]

China's exports to Bolivia includes hardware, machinery, light industrial goods, textiles and daily necessities.[2]

Bolivian exports to China were lumber and mineral ore. [2]

China provided support for the establishment of the Bolivian Space Agency and the launch of its first satellite in 2014 for a total cost of US $300 million. China and also provides loans, e.g. of 67 million dollars to upgrade infrastructure in the Oruro region.[6]

China Development Bank has also given $15 billion loan to the Bolivian government to develop El Mutun iron-ore deposit.[7] [8]

See also[edit]

Bibliography[edit]

References[edit]

External links[edit]