International Relations

It is not possible to be ignored the economic, commercial openings that in the present the Asian giant has initiated with the Latin American region. As Prof. Riordan Roett indicates us, from the Masters in International Relations of IE Business educational School and of Political Science de Johns Hopkins, China has arisen like a super ones to be able economic global. Now it is the second greater national economy of the world. It is the second exporting major. The country owns the majors foreign currency reserves and the greater surplus by current account. During last the thirty years and until this China year has grown to an average rate of 10%. On the contrary, Latin America has grown much more slowly.

She is less competitive generally. It continues being very employee of the mineral exports of raw materials and. The prices of these products are determined internationally and the Latin American governments have very little control on the fixation of prices; the fluctuations make difficult that the Ministers of Finances or the Central banks plan on the basis of a stable flow of foreign resources. Roett, indicates, that China still must raise several challenges in Latin America, or is to banks or manufacturing companies. Until now most important it has been the extraction of natural resources. In the future it could have major competition, but until the moment it has not existed radiohc.cu adds on the matter, that is due to take into account, that the bilateral commerce between China and Latin America will reach the 100,000 million dollars in 2010, a very feasible goal according to mentioned Chinese analysts today by " Newspaper of the Pueblo". " He is absolutely factible" , it thought the Chinese analyst Jiang Shixue, assistant director of the Institute of Latin America of the Academy China de Social Ciencias.

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