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Tuesday 17 July 2007

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Quintavalle Behind Bars
Banco Popular Scolded By Contraloría For Waste in Failed Computer System
Peace with Nature
Honduras May, Like Costa Rica, Go Way of China
Health Hotel


Honduras May, Like Costa Rica, Go Way of China
The decision by Costa Rica to begin diplomatic relations with China last June 1, maybe copied by other Central American nations, who see the Chinese market as a great opportunity with more than 1 billion people.

The president of Honduras, Manuel Zelaya, said he is thinking of establishing diplomatic relations with China and breaking off relations with Taiwan the way Costa Rica did.

Honduras is one of 24 remaining nations that has diplomatic ties with Taiwan.

Zelaya, said he is reacting to Honduran business who are asking him to follow the Costa Rican example and knock on China's door to establish relations and expand exports.

The president of the Consejo Hondureño de la Empresa Privada, Mario Canahuati, affirmed that the business sector supports the establishment of commercial relations with China and to take advantage of its markets and investments.

"The majority of important investments in Latin America are coming from China, a country with enormous capital", said Canahuati.

Canahuati added that there exists the possibility that, unlike in Costa Rica, Honduras may be able to establish relations with China without breaking ties with Taiwan.

China has made it clear that countries wanting to trade with it must break off relations with its rebellious province.
 


 

 

 

 
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