Is China the New North? Assessing the Impact of Chinese Trade with Latin America
China’s “going out” strategy, which aims to support the international expansion of Chinese firms to secure energy and natural resources, has created a significant footprint in Latin America. While the United States and European Union remain the top two trading partners with the region, China is rapidly catching up - the U.N. Economic Commission for Latin America and the Caribbean estimates that China will become the region’s second largest trading partner as early as 2015. With China concentrating its investment and trade in natural resources—including oil and gas, iron ore, coal and copper—in key Latin American countries, the impact of China’s strategic outreach can be felt both regionally and globally.
On August 17, the John L. Thornton China Center and the Latin America Initiative at Brookings, with the Council of the Americas, will host a discussion on China’s increasing trade with and influence in Latin America and the implications for their relationships with the U.S. Based on their most recent research, Brookings experts Mauricio Cárdenas and Erica Downs will analyze the increasing role of Chinese investment in the region. Mauricio Mesquita Moreira of the Inter-American Development Bank will offer his comments. Eric Farnsworth of the Council of the Americas will moderate the discussion.
After the program, panelists will take audience questions.
Introduction and Moderator
Eric Farnsworth, Vice President, Americas Society/Council of the Americas
Mauricio Cárdenas, Senior Fellow and Director, Latin America Initiative, The Brookings Institution
Erica Downs, Fellow, The Brookings Institution
Mauricio Mesquita Moreira, Principal Economist, Trade and Investment Sector, Inter-American Development Bank
To RSVP for this event, please call the Office of Communications at 202.797.6105
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