At the China-CELAC Forum in Beijing, the Chinese foreign minister offered to accept more Mexican imports and encouraged Chinese enterprises to invest in Mexico.

Colombia formally agreed on Wednesday to join China's vast Belt and Road infrastructure initiative, as Beijing draws Latin America closer in a bid to counter the US.

Beijing has stepped up economic and political cooperation with Latin American nations in recent years. Read more at straitstimes.com. Read more at straitstimes.com.

The United States should look more generously at Latin America and South America, Brazil Finance Minister Fernando Haddad said on Monday, arguing that the world's largest economy has "much to gain" from greater industrial development across the continent.

Tariffs aren’t the only battleground to keep an eye on in the trade war between the US and China. Access to Wall Street could be used as a lever in the negotiations, leaving almost 300 Chinese companies listed in the US at risk of being removed from American stock exchanges.