Financial Consultancy Zetland: China Pledges New Focus on Latin America

Jan. 20, 2009 - PRLog -- China has vowed closer trade, energy and military ties to Latin America and Caribbean countries, Hong Kong-based financial consultancy Zetland reports.

In a policy paper released before a visit to Latin America by President Hu Jintao in November, China pledged to pursue a “comprehensive and cooperative” partnership with the region, Zetland says on its website.

Established in 1987 and headquartered in Hong Kong with offices around the world, Zetland Fiduciary Group is a business consultancy offering financial services and professional advice with total confidentiality.

From Hong Kong Zetland provides clients with the efficiencies and sophisticated infrastructure of one of the most dynamic international cities that is also an integral part of the rapidly growing economy of China.

According to the Zetland report, apart from China’s interest in the Latin America and Caribbean regions’ natural resources, Beijing has also mentioned its willingness to discuss debt-relief.

China’s trade with Latin America as a whole has jumped from $10 billion in 2000 to $102.6 billion in 2007.

Taking the long view at a time of financial crisis, China is investing heavily in commodity-producing countries. More than a dozen deals agreed to by Hu included purchases of Cuban nickel and sugar, along with pledges to send food and building materials to help the Caribbean nation recover from three major hurricanes.

Meanwhile, Peru and China wrapped up talks for a free trade agreement, Peruvian President Alan Garcia announced in November after meeting with Hu in Lima for the 21-member Asia-Pacific Economic Cooperation forum.

The report on Zetland Fiduciary Group’s website is one of many offered each month. Zetland is privately owned and operates independently, while maintaining a worldwide network of banking and finance associates, professional advisers, correspondents and local agents.

About Zetland:

The Zetland Financial Group - www.zetland.biz - provides the offshore investor with fiduciary services, investment management and company formation services.

For more information:
Jason Weatherhead
Zetland
Email: jasonw@zetland.biz
Tel: +852 2525 7718
Address: 13th Floor, Silver Fortune Plaza
1 Wellington Street, Central Hong Kong
Phone  :  +852 2525 7718
Fax  :  +852 2140 6833

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Zetland Financial Group’s report is one of many offered each month on its comprehensive website. Zetland provides business and financial consultancy internationally and in the Asia region with an emphasis on operations in China.