China’s Foreign Minister Wang Yi, together with his counterparts from 31 Latin American and Caribbean countries as well as heads of four regional organizations and multilateral institutions, including the United Nations Economic Commission for Latin America and the Caribbean, attended the Second Ministerial Meeting of the Forum of China and the Community of Latin American and Caribbean States (CELAC) that was held in Santiago, Chile.

China is very interested in Latin America, and Latin America is very interested in China. Both want to lower their dependence on the U.S. But for Chinese companies, doing business in Latin America is a big cultural change, and for Latin American companies, retaining the control of their businesses and economies is also a key priority.

Enter UTEMIS, where China can replicate the success that it has had with the Chinese e-commerce giants and Latin America can empower its businesses and enter a new era of prosperity.

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