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Thread: Latinamerica looks to China to increase trade and investments
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[quote=MARRIE,364550]Regarding Chinese investments in the region, Latinamerican businessmen consider this is the best moment to attract them to the region. During the forum it was revealed that some of China’s largest groups were interested in setting factories and/or plants in Latinamerica for the manufacture of industrialized goods which currently are made in China with commodities from the region. A specific case mentioned was China’s steel corporation Boasteel which is negotiating the construction of a smelting plant in Brazil with an investment demanding close to 5.5 billion US dollars. [/quote]
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