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Article

15 Nov 2016

Author:
Xinhua

“Interview: Ecuadorian president hopes Xi's visit will boost bilateral cooperation”

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…Ecuadorian President Rafael Correa hopes Chinese President Xi Jinping's upcoming state visit to his country will expand cooperation between the two sides in various fields…The goal, Correa told Xinhua in a recent interview, is to "mutually make the most" of the strategic partnership…China has funneled some 15 billion U.S. dollars in financing the South American nation in the past 10 years…Of the eight hydropower stations under construction and finished, seven were constructed by Chinese firms, which has helped turn the once energy-poor Ecuador into an energy exporter..."We have Chinese companies building highways and hydroelectric plants, and we have oil and mining companies. So there is already investment here. But many more highly profitable projects are hugely important to the country's development," [President Correa] said…

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