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.
In August 2010, China and Bolivia agreed to continue to develop military ties and cooperation.
China's exports to Bolivia includes hardware, machinery, light industrial goods, textiles and daily necessities.
Bolivian exports to China were lumber and mineral ore. 
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.
- Cardenal, Juan Pablo; Araújo, Heriberto (2011). La silenciosa conquista china (in Spanish). Barcelona: Crítica. p. 279.
- English.news.cn. "Defense chiefs of China, Bolivia pledge stronger military ties". Xinhua News Agency. Retrieved 1 October 2010.
- Garcia, Eduardo. "Bolivia, China team up on communications satellite". Thomson Reuters. Retrieved 1 October 2010.
- "China Offers to Loan Bolivia $15 Billion to Develop Iron-Ore Deposit". Latin American Herald Tribune. Retrieved 1 October 2010.
- "Bolivia China offers U.S. $ 15,000 million to exploit iron". TodaNoticia. Retrieved 1 October 2010.