September 9, 2016
China’s Latin American play is set to rise sharply in 2016. Rock-bottom valuations are driving an insurgence into Brazil and opportunistic energy and infrastructure acquisitions are attracting Chinese buyers to Colombia, Peru and Mexico.
According to China’s Ministry of Commerce, overall Chinese FDI surged by 14.7% to $118 billion last year. Although most funds were earmarked to higher priority growth markets in the Asia-Pacific, US, Europe and Africa, LatAm is estimated to have hoovered up a double-digit percentage of China’s outbound investments. From January to July, the region’s FDI was up nearly 60%, driven in part by Chinese policies to help support companies’ foreign expansion and st
Brazilian infrastructure is ready to snag the region’s biggest Chinese investments to date. Colombia, Peru and even Mexico are poised to do okay as well. By Ivan Castano