Is The Partnership Between China And Latin America Paying Off?

[Disir]

With China’s manufacturing sector in decline, foreign investment may be the country’s quickest path to economic recovery. In addition to Africa and East Asia, Beijing is pouring big money into Latin America. Chinese projects and investments have been popping up all over the continent, from oil drilling to infrastructure construction. But the payoff that China is seeking isn’t always a financial one.

While the United States, with $41.5 billion in 2012, is still the biggest foreign investor in Latin America, its level of investment is declining while China’s is rising.

In 2012, China’s foreign investment overall hit a new high of $87.8 billion, according to a United Nations Economic Commission for Latin America and the Caribbean (ECLAC) study. Latin America accounts for 13 percent of that - about $11.4 billion in 2012, a significant increase from the $120 million of 2004. All told, between 2005 and 2013, China invested $102.2 billion in the region, according to Boston University.

Is China getting its money’s worth?

Here's a progress report on five key projects:

Is The Partnership Between China And Latin America Paying Off?

Just like Africa.