Chinese President Xi Jinping's special envoy, Li Guoying, will represent Beijing at the inauguration of Bolivia's President-elect Rodrigo Paz in La Paz on November 8, underscoring China's commitment to strengthening bilateral ties. Li, who also serves as China's Minister of Water Resources, accepted the invitation from Bolivia's government, according to a Friday statement by the Chinese Foreign Ministry.
The high-level delegation highlights the growing partnership between China and Bolivia, particularly in energy and infrastructure development. Analysts note that Bolivia's vast lithium reserves—a critical component for electric vehicle batteries—align with China's push for green technology investments. Paz, who received his credentials as Bolivia's leader on November 5, has previously emphasized economic cooperation with Asian partners.
This diplomatic gesture follows recent agreements between the two nations, including joint ventures in mining and renewable energy projects. Observers suggest Li's attendance signals China's intent to deepen engagement with Latin America, a region increasingly pivotal to global supply chains.
