China Seen Striking Mutually Beneficial Pact

China Seen Striking Mutually Beneficial Pact

Asia

As China becomes the most important trade partner for many LatAm nations and looks to lend and acquire more in the region, both sides appear positive that the relationship is a win-win long-term, despite concerns to the contrary. "The relationship is mutually beneficial. Even as China shifts from an export-driven economy to one more focused on consumption, that doesn't imply a decrease in the need for Latin raw materials," Steven Puig, vice president at the IDB tells a panel at a LatinFinance fo

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