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 Stadium.
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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