Xingjian ‘Jeff’ Zhao, partner, and Javier Coronado, associate attorney, both at Diaz, Reus & Targ: “For nearly 30 years, since the inception of bilateral ties, China and Colombia have maintained overall positive diplomatic relations. Over the same time, there has been a sea change in the economics underpinning those ties. Right behind the United States, Colombia now counts China as its second-largest trading partner, with Colombia publicly supporting China’s Belt and Road Initiative.