BY JOACHIM BAMRUD
China’s trade deficit with Latin America jumped fourfold to $8.9 billion last year, according to a Latin Business Chronicle analysis of data from the International Monetary Fund (IMF).
"A deeper dive into country-by-country trade reveals that China's deficit with the region is in large part due to imports of raw materials from countries such as Chile and Brazil,” says Mark Ludwig, president of Variant Advisors. “These figures further underscore the view that China is less interested in what Latin America makes, and more in what it has."
China’s trade with Latin America reached ...
Keywords: Argentina, Brazil, Chile, Costa Rica, Mexico, Panama, Peru, Venezuela
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