How Strategically Important is Latin America for China

China’s ambassador to Chile, Yang Wanming, told newspaper China Daily that the Asian nation should look to Latin America to make up for declining demand from developed markets. Chinese exports to the region grew 12 to 15 percent last year, and it “is now a strategically important market,” he said.

How significant is Latin America as an export destination for China? Are business and government leaders actively looking to the region to expand trade? Where is the Chinese economy headed next year and in the mid-term, and how will that affect Latin America? Latin American Advisor