Tuesday, April 25, 2006

China and Latin American economic ties

The growing market for china represents an economic opportunity for many Latin American countries:

"The relations between China and Latin America today represent a historic opportunity, given the enormous growth in Chinese demand for commodities and fuel,"

The exploitative nature of the opportunity could be trouble for Latin American countries; many of the economists in the region realize this

"On the other hand, the current historical circumstances make it necessary for these countries to stop specializing in exports of natural resources and to enter the knowledge economy,"

Article can be found here.

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