Nearly two thousand Chinese businesses have established operations in Nicaragua since the free trade agreement took effect, per ticotimes.net.
The new ventures are part of a significant economic partnership between the two nations, with many focusing on manufacturing and agriculture sectors.
Meanwhile, a light magnitude 3.4 earthquake struck 41 km southwest of Chinandega in the North Pacific Ocean on Monday, Nov 2, at 11:54 am UTC, according to volcanodiscovery.com.
The region also experienced a moderate 4.2-magnitude quake in the Caribbean Sea near Puerto Cabezas on Monday morning, per the same source.