China is on track to become the second largest importer after the U.S. and Latin America holds an opportunity of change for these countries if they develop a strategic plan that allows them to benefit from the growth of China's domestic demand. No easy task, but if there are a take consciousness from government institutions, is the opportunity that these Latin countries dream to enhance your wealth.
The commercial breakthrough between China and Latin America is growing every year, so you start to think that the Asian giant overtake the European Union as the second destination of Latin American exports in the near future. This becomes the steady growth of domestic demand China. But for now it is not believed that the first destination of Latin American exports no longer the U.S., as it is a large and nearest market, plus take years in operation, so that this country exports many products already have a road trip entrenched.
If we pay attention to the specific case of Brazil, which is the strongest economy in Latin America, we see that its exports to China even overtook the U.S. after the financial crisis that hit the U.S. market in 2009, and in turn, although the European Union has China ahead of time, Brazilian exports to Europe are decreasing year after year, in favor of exports to China. In 2013 the decrease was not very significant, as they have only decreased European imports from Brazil by half a percentage point, while Chinese imports from Brazil increased by 2.5% compared to 2012. The numbers are staggering if you look at the last decade, since from 2000 to 2012, China's trade with Latin American multiplied by 21, becoming one of China's leading players in the export destination of most countries Latin Americans.
More at http://externalexpansion.blogspot.com.es/2014/02/china-great-opportunity-for-america.html
No comments:
Post a Comment