Abstract
China and Latin America have had a long history of trade relations since the Silk Road across the Pacific Ocean was explored in the 16th century. In the 21st century, trade between them has grown quickly, and China has become the second-biggest trade partner of Latin America. The financial crisis in 2008 slowed this trade growth somewhat, but continued growth makes bilateral trade more important for both sides. Some challenges have arisen, including the imbalance of trade, trade structure, and investment, but trade is the cornerstone of deeper cooperation and greater potential in the future. Promoting the export of high-tech and manufactured goods and creating a better investment environment were necessary for both sides in order to build better and closer economic relations. The Cooperation Forum and Summit Conference were good platforms for future deeper cooperation, although this will still require hard work and more time.