The visa-free arrangement will be effective from June 1 for a year, Chinese foreign ministry spokesperson Lin Jian said on Thursday during a regular press conference.

Brazil, Argentina, and Chile are among the top five biggest economies in their region.

Travel to China has been visa-free for most European countries as well as its neighbours, Japan and South Korea, since last year.

The announcement came after a high-profile forum among Chinese and Latin American and Caribbean officials in Beijing earlier this week, at which President Xi Jinping vowed to boost China’s footprint with a new $9 billion credit line and fresh infrastructure investment.

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Recently, China was levied with 104% tariffs by the US; however, both countries slashed sweeping tariffs on each other’s goods for 90 days on Wednesday.

However, China allowed visa-free entry for citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia in December.