Latin America’s Commodity Exports to China to Slow Sharply

qz.com reported since the start of the millennium, Latin American economies have thrived, as China’s expanding factories bought boatload after boatload of oil, copper, and other raw materials.

But Latin America’s commodity exports to China will slow sharply in coming decades, according to a study released Dec. 11 by three international bodies. And that will put a brake on the region’s economies.

As it grew its industrial sector, China became a major partner for Latin America. Trade between the two multiplied 22-fold between 2000 and 2013, according to the report. China is the biggest trading partner of the region’s largest economy, Brazil, as well as of Chile and Peru. Read Article