AFP / J.ZAMORA
China's trade with Latin America has increased by 18-fold in the past decade...mostly from raw materials...and the most in the world.
But China usually wants only its unprocessed raw materials...and refuses to purchase "value added" exports.
Nomura Securities says: "We think Brazil's much vaunted 'new middle class' is a direct result of Chinese commodity demand."
Popular Posts
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- MEXICO : Zetas Founder/ Leader "Lucky" Hernandez Lechuga Captured In Veracruz.
- BRASIL: FIFA Ponders Guns Swap For World Cup Football Tickets; Lula's Tumor 75% Reduced.