#Paraguay#Paraguay - Paraguay, the only country in South America that does not have diplomatic relations with China, is a landlocked country in central South America, bordering Argentina, Brazil and Bolivia, with a land area of 40.

#Paraguay# Paraguay - The only country in South America that does not have diplomatic relations with China

Paraguay, a landlocked country in central South America, borders Argentina, Brazil and Bolivia, with a land area of 406,800 square kilometers and a capital of Asunción with a population of 7,454,000. Paraguayan football is a traditional world power.

It became a Spanish colony in 1537 and declared independence on May 14, 1811.

Paraguay's national economy is dominated by agriculture and animal husbandry, with a weak industrial base, and is one of the most backward countries in Latin America. GDP per capita is $5,210.

At the beginning of the outbreak, in order to get Chinese mainland vaccine assistance, Paraguay almost "severed diplomatic relations" with Taiwan, shocked the authorities into a cold sweat, and hurriedly invested $12 million to woo it. Subsequently, the President of Paraguay visited Taiwan in 2022 and publicly called out the Taiwan authorities to invest $1 billion in Paraguay.

Paraguay's aim is to establish diplomatic relations with whoever offers better conditions. Today, Paraguay's trade with Chinese mainland has gradually increased. In 2022, China's trade with Paraguay totaled US$1.979 billion.

Paraguay, Taiwan's last remaining so-called "friend" in South America, will elect a new president on April 30.

Paraguayan opposition candidate Allegre said that if he wins the presidential election, he will seek to establish diplomatic relations with China to boost the country's soybean and beef exports. Panya, the candidate of the ruling conservative Red Party, said that if he wins the election, his "diplomatic relations" with Taiwan will not be affected.

Polls show that Paraguay is in a tight mood and it is difficult to predict whether it will win or lose. Reuters reported that after Honduras "severed diplomatic relations" with the Taiwan authorities on March 26, some US policymakers and independent analysts believed that Paraguay was the most likely country to "sever diplomatic relations" with Taiwan in the near future.