Wikileaks, Chinese find that Latin America is not like Africa

Posted on January 31, 2011 • Filed under: Brazil, Business, Economy, Latin America News, Politics, Social Issues, South America

If Wikileaks documents are any indication, Chinese investors might have a big surprise in store as they continue their push into Latin America. In their effort to extract raw resources, the Chinese have fared relatively well in such areas of the globe as Africa. However, recently disclosed U.S. cables hint that Latin America may not prove as pliable for the Chinese. Indeed, during private discussions with U.S. diplomats in Shanghai, Chinese experts candidly admitted they faced a “public relations challenge” in Latin America, and that local residents viewed Chinese businessmen as “locusts” intent on “extracting minerals and natural resources and leaving very little of lasting value behind.” Read Article

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