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BUENOS AIRES -- US criticism of Latin America's growing ties with China is unfounded since the bilateral relationship is based on mutual interest and cooperation, Argentine political analyst Paola de Simone has said.

Bank of China Ltd announced on Friday it was named by China's Ministry of Finance as the lead underwriter and bookrunner for the upcoming issuance of billion offshore sovereign bonds in Hong Kong.

Based in the southern Chinese city of Shenzhen, DJI, already well known for its Phantom drone, expects its new range of models designed for the corporate sector to help boost sales growth in the region.

Baidu launched its autonomous driving open platform Apollo in 2017 to coordinate cross-sector efforts in this field. It has launched several L4 autonomous driving vehicles in partnership with leading automobile companies, and a fleet of Apollo-powered robotaxis are now taking test runs in central China's Changsha.

Based on comparative advantage, trade generally leads to finer division of labor and increased productivity. Nevertheless, we have to acknowledge that trade in a certain single sector may produce winners and losers. In the United States, some industries are bearing the brunt of traditional jobs becoming obsolete faster and the painful adjustments.