China Comes to the Americas
China’s resource hungry economy is importing more and more from the Americas. How will its entrance into a region historically dominated by the U.S. affect Latin and South America?
China’s resource hungry economy is importing more and more from the Americas. How will its entrance into a region historically dominated by the U.S. affect Latin and South America? The L.A. Times sees the good and bad behind China’s indifference to the politics of the region: “U.S. investment generally brings with it anti-corruption provisions, payment of taxes, technology transfer, management expertise, labor force protections and capacity building, corporate social responsibility and hiring at the local level. Chinese investment, not as much…China, on the other hand, promises only a commercial relationship without political or policy interference, and for that reason, they are well-received.”