Paraguay is considering Chinese investment to develop its green hydrogen industry. As it aims to become a regional supplier of synthetic fuels and fertilizers. The country’s finance minister warned of China’s growing influence in Latin America, displacing the US and European investments. He also indicated that Paraguay’s central bank might continue to lower interest rates as the country is on a different economic cycle compared to the US and Europe, with inflation around 3%. Meanwhile, Paraguay may issue shorter-dated global bonds next year due to high US interest rates.