China launches maritime trade route that will reduce travel time to Latin America: with which countries?

China launches maritime trade route that will reduce travel time to Latin America: with which countries?

The Asian country announced this itinerary that will revolutionize the commercial flow between South America and said world power.

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In a strategic move to strengthen commercial ties with Latin America, China has launched a new maritime route that promises to boost trade between both regions. This initiative, focused on exports and imports, is a milestone in the bilateral relationship, especially considering that trade between China and Latin America reached a record of US$500 billion in 2022.

The route, which departs from the port of Dalian in China, is designed to significantly reduce transit time to approximately 25 days. This breakthrough is not only a technical achievement, but also a manifestation of China’s growing influence in global trade.

Which countries will benefit from China’s new maritime route?

The main beneficiaries of this new maritime route include key Latin American countries such as Mexico, Colombia and Ecuador. These countries will be able to enjoy improved maritime connectivity, facilitating the import of cold chain products such as fruits and aquatic products, vital for local economies.

How long will it take for China to move to South American countries?

The new sea route promises a transit time of around 25 days, marking a significant improvement in shipping efficiency and speed between China and South American countries. This reduction in transit time is crucial for the transportation of perishable products and has the potential to revolutionize bilateral trade.

What is the benefit of this new route?

The greatest benefit of this new sea route is the strengthening of trade between China and South America. It is expected to facilitate the exchange of goods, reduce logistics costs and promote greater economic cooperation. Additionally, this route will serve as a vital bridge for essential products, contributing to economic growth and stability in both regions.

ABOUT THE AUTHOR:

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Communicator specialized in Multiplatform Journalism from the University of San Martín de Porres (USMP). She is a current affairs web editor in the newspaper La República, with training experience in government institutions.

Source: Larepublica

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