Political Risk Latin America Blog @PolRiskLatam

Chinese investment surges in LatAm

Posted in News and Articles, Political Risk by politicalrisklatam on June 15, 2011

by Jude Webber for Financial Times – Beyond Brics, June 14th, 2011.

Latin America has some of the world’s major energy and commodities supplies, so it’s no surprise that it is a very attractive place for resource-hungry China to do deals. And so it has racked up a staggering 286 per cent rise in investments in Latin America in from June 2010 to May 2011 compared with the previous 12 months.

According to a new report by consultancy Deloitte & Touche, China invested $15.6bn in Latin America in the year – nearly a third of its total $43.7bn foreign investment during the period.

As the following graph shows, the pace of investment has been breakneck, and Beijing’s Latin American focus is clear: Brazil and Argentina, which represented some 59 per cent and 41 per cent of its total investment in the region (Chile represented a tiny fraction – just 0.12 per cent). Nearly three quarters of investment was in the energy sector. (continue reading… )

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