Abstract
A new strong axis of trade and investments between China and Latin America is developing. Flows of trade and investment are exceeding US $100 billion (ECLAC, 2008, 2010c), a figure similar to the trade from the EU to Japan at the end of 1990s.
The expanding link between Asia and Latin America is symbolic of the economic shakeout going on worldwide … with Europe, Japan and the US retreating from their roles as omnipotent centres to leave space for a more balanced configuration.
Javier Santiso, former chief development economist and director of the OECD Development Centre.
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© 2012 Gastón Fornés and Alan Butt Philip
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Fornés, G., Philip, A.B. (2012). China-Latin America: The Emerging Markets’ Axis. In: The China-Latin America Axis. Palgrave Macmillan, London. https://doi.org/10.1057/9780230363410_3
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DOI: https://doi.org/10.1057/9780230363410_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36557-9
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