From the perspective of Latin America and Caribbean (LAC) trade, the first decade of the 21st century was all about Asia. Driven by China’s strong growth and soaring demand for natural resources, trade between LAC and Asia grew at an annual average rate of 24 percent between 2003 and 2011. However, this once-dynamic relationship has now encountered serious headwinds. Trade … [Read more...] about How trade, investment and cooperation between Japan and Latin America and the Caribbean can inspire our future trade relationship with Asia
Asia-LAC
How Can Latin America and the Caribbean Improve Trade Relations with China?
The 10th China-LAC Business Summit, organized by the Inter-American Development Bank (IDB) and the China Council for the Promotion of International Trade (CCPIT) will start this Friday, October 14, in Tangshan, China. The summit aims to strengthen and expand trade relations between China, Latin America and the Caribbean (LAC) with panel discussions by business executives and … [Read more...] about How Can Latin America and the Caribbean Improve Trade Relations with China?
Innovation and export diversification: how to renew the regional agenda with China
In 1976, each Chinese citizen was earning US$ 160 a year on average. Forty years later the same annual income is US$ 4,000: it multiplied itself by 25. The question for Latin America is immediate: how did they do it? Other remarkable details of China's development: migration from the countryside to cities led to build 100 cities with capacity to accommodate at least one million … [Read more...] about Innovation and export diversification: how to renew the regional agenda with China
Five Highlights of China’s 13th Five-Year Plan that Matter to Latin America and the Caribbean
In March 2016, the Chinese government released its 13th Five-Year Plan at the end of the National People’s Congress Annual Meeting. The plan sets a blueprint for China’s policies and economic and social development goals for 2016–2020. With over 80 chapters, the document is full of details that are critical for informing LAC governments’ understanding of where China wants to be … [Read more...] about Five Highlights of China’s 13th Five-Year Plan that Matter to Latin America and the Caribbean
Welcome to Beyond Borders, a new blog about Integration and Trade
Welcome to Beyond Borders, a new blog created by the Integration and Trade Sector of the Inter-American Development Bank (IDB). Beyond Borders is a space where policymakers, business leaders, students, thought leaders, and anyone interested in the issues of integration and trade can come together and engage with the IDB’s specialists and experts from around the world. When I … [Read more...] about Welcome to Beyond Borders, a new blog about Integration and Trade