Artículos con la etiqueta ‘Inversiones chinas en Venezuela’

Made-in-China besieged in Latin America

Por • 25 sep, 2013 • Category: Economía

China’s investment undoubtedly injects a powerful impetus into the economic development of Latin America. But the similar nature of made-in-China and made-in-Latin America has resulted in a backlash. The manufacturing industry in some Latin American countries has been shrinking in recent years, partially due to made-in-China goods squeezing them out of the market. Unless Chinese enterprises open factories there, they will encounter more trade barriers. Globally, industrial complementarity is one of the main problems that restrain made-in-China goods from going global. The arrival of Chinese goods has had some positive impacts, like bringing down inflation. But if it harms people’s jobs, the reputation of Chinese goods, or even China itself will be affected. Employment is high on the agenda in every country. Only when Chinese goods are cheap, well-made, and drive local employment can China’s image be improved.