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Chinese President's Latin American Tour Raises Confidence in Emerging Economies

Beijing, July 26 (Xinhua-RHC) -- Chinese President Xi Jinping's just concluded visit to Latin America has raised international confidence in emerging-market economies, says Foreign Minister Wang Yi.

The minister, who accompanied Xi on the nearly two-week-long tour, said that strategic consensuses were reached along with economic and trade deals worth tens of billions of US dollars during Xi's visits to Brazil, Argentina, Venezuela and Cuba.

Noting that Beijing regarded enhancing BRICS and China-Latin America co-operation as a key priority in its foreign policy, Wang said the trip was aimed at boosting common development and win-win co-operation among developing countries, promote reforms of global economic governance and safeguard the legitimate rights of developing countries.

The strong interest of the international community in Latin America, he said, reflected the collective rise of emerging-market economies and developing countries, with Xi's visit to the region and attendance at the BRICS Summit at Fortaleza Brazil, epitomizing China's active participation.

Edited by Juan Leandro
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