China's Hunger for Latin American Agriculture

China Business Law Journal
May 2010 | Volume 1, Issue 5
Sumeet Chugani & Margaret Perez
May 30, 2010

A once-stagnant Sino-Latin American business relationship has exploded with burgeoning Chinese imports of Latin America’s rich natural resources and agricultural commodities. What started out as just a flirtation between the two regions has transformed into a relationship which promises to fulfill China’s insatiable needs, with the potential for much more.

With Sino-Latin American trade reaching US$120 billion in 2009, Chinese president Hu Jintao’s earlier prediction of realizing US$100 billion by 2010 could in fact be tripled by this year. The recent signing of free trade agreements between China and several countries throughout Latin America illustrates the strong links between the two regions. Download PDF to read full article.