Economic growth in China over the last decade has been remarkable. During the same period, economic growth in a number of Latin America’s maturing economies (most notably Brazil, but others as well) has also caught the world’s attention.
Both China and Latin America showed resilience during the world financial crisis, during which Chinese demand for raw materials from Latin America provided a helpful stimulus to the region. Today, both are sought-after regions for investment. Buoyed by confidence from their economic successes, China and Brazil are playing greater roles on the world stage; by the accounts of most experts, both are on the short list of those countries most likely to shape the 21st century.
This article was originally published by Bingham McCutchen LLP.