Central America-China: Seeing Red
The financial benefits to Costa Rica of diplomatic ties with China may spur others in Central America to follow. Those recognizing Taiwan still get Chinese energy dollars.
The most conspicuous example of Chinese investment in Central
America is located on the west end of La Sabana Park in
downtown San José, Costa Rica. There, in the
nation’s biggest public park – whose
wooded confines buzz daily with joggers, families and
footballers – sits the colossal Chinese-built National
The $100 million arena,
deemed a "gift" from the Chinese government, is tangible
evidence of lightning-fast progression in the Costa Rica-China
relationship since the two nations established diplomatic ties
in 2007. And the world’s second largest economy is
beginning to make its way into El Salvador, Guatemala,
Honduras, Nicaragua and Panama. Despite not having diplomatic
relations with any other part of the isthmus, Chinese diplomats
make it clear they are pursuing them.
"We are willing to develop diplomatic relations with every
country in the world," Li Changhua, China’s
ambassador to Costa Rica, tells LatinFinance. China...
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