How are China’s cooling economy and the trade war affecting Latin American countries?
Margaret Myers, director of the Inter-American Dialogue’s Aisa and Latin America program talks to The Banker’s Silvia Pavoni about China’s relationship with Latin America from trade, investment, technology and infrastructure development.
A protracted trade war is expected to have lasting effects on the region’s economies. The IMF estimates slowing global growth in 2019, including in third markets, based on large part US-China trade tensions. Ongoing economic uncertainty could also weaken Latin American currencies if populations there invest in US dollars to avoid the effects of local currency devaluation.
How are escalating U.S.-China trade tensions affecting global supply chains and the role of Latin American and Caribbean nations in them?
How did ongoing global trade tensions change the agenda at the 2018 APEC Summit?
Regardless of the effect at home, Beijing’s trade-related outreach in Latin America will likely strengthen China’s overall ties to the region – specially if Latin American governments are able to achieve increasingly balanced trade.
As the trade war between China and the United States intensifies, how is it affecting Latin American economies?