Publicado el 26/11/2013
This video presents how in just a decade, China has become a key trading partner for Latin America and the Caribbean. Trade between the two regions was 22 times greater in 2012 than in 2000.
However, there is a trade deficit for most of the region's countries, and Chinese manufactures are pushing out Latin American products in their own markets and beyond.
ECLAC considers that, in order to make better use of the link with China, the region needs to transform and diversify its export pattern to reduce dependency on raw materials.
The Commission also recommends defining a regional agenda of priorities to strengthen Latin America and the Caribbean as a whole, and help it to become a genuine strategic partner for the world's fastest growing economy.
However, there is a trade deficit for most of the region's countries, and Chinese manufactures are pushing out Latin American products in their own markets and beyond.
ECLAC considers that, in order to make better use of the link with China, the region needs to transform and diversify its export pattern to reduce dependency on raw materials.
The Commission also recommends defining a regional agenda of priorities to strengthen Latin America and the Caribbean as a whole, and help it to become a genuine strategic partner for the world's fastest growing economy.
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